Tax season | Durham & Durham Inc.

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Durham & Durham

Form 1099-K Reporting for 2024 Transactions

If you sold goods or services & received payments through certain payment apps or online marketplaces you may receive a Form 1099-K.

Durham & Durham

Protect Yourself From Phishing

Using email, text, social media, and even video games as a method through “phishing” remains a timeless tactic by thieves.

Durham & Durham

IRS.gov is the fastest option to get IRS help

IRS.gov has a variety of info available to help taxpayers. An IRS online account has access to info about their federal tax return.

Durham & Durham

Strong Password Recommendations

Create strong passwords so that it's more difficult for cyber criminals to access your personal information.

Durham & Durham

What Do Your Federal Tax Dollars Pay For?

Largest portion is Social Security & Medicare, ththe social programs, national defense, community development, interest, and law enforcement

Durham & Durham

Are You Paying a Fair Tax Prep Fee?

The average fee for individual Form 1040 with the standard deduction, plus a state income tax return, was $220.

Durham & Durham

Major Changes to Mobile Payment Apps Reporting

Forms 1099K will be sent to many taxpayers who won't expect one & may not have a tax obligation.

Durham & Durham

Carefully Choose a Tax Professional

You need to carefully choose a tax professional to handle your personal information with care and security.