“You Sold Stock at a Loss—But the IRS Won’t Let You Deduct It. Here’s Why.”
You sold a stock for less than you paid.You’re counting on that loss to offset gains—or even reduce your taxable income by up to $3,000. But when you file your…
Read moreYou Donated a Car, Art, or Business Equipment—Here’s How Much You Can Really Deduct”
You cleaned out your garage, donated a used car, or gave old business equipment to charity.Feeling good—and hoping for a nice tax deduction? Hold on.The IRS has strict rules about…
Read more📝 What to Do When Someone Dies: A Tax Checklist for Survivors
Losing someone you love is never easy. The last thing you want to think about is taxes—but handling them correctly can prevent penalties, protect refunds, and honor your loved one’s…
Read more“You’re Caring for Someone at Home—Your Medicaid Payments Might Not Be Taxable”
If you’re providing in-home care for a disabled or elderly person under a state Medicaid Home and Community-Based Services (HCBS) waiver program, you may be receiving payments that are not…
Read more“Tax Breaks You Didn’t Know Existed: A Guide for People With Disabilities”
If you or someone you care for lives with a disability, taxes may feel like one more hurdle.But the IRS actually offers several powerful breaks designed to ease the financial…
Read more“You Hit the Jackpot—Now What?
“You Hit the Jackpot—Now What? The Truth About Gambling Winnings and Taxes”You won $10,000 at the casino.You cashed out $3,200 from a fantasy football league.You took home a car in…
Read more“Is Your Social Security Taxable? Here’s How to Know (And What to Do About It)”
You worked hard. You paid in. Now you’re collecting Social Security—and maybe wondering: “Do I owe tax on this?” The answer isn’t simple—but it is predictable.Unlike most government benefits, Social…
Read moreThe January Tax Reset: 5 Moves Every Small Business Owner Should Make Now
It’s January. Your 1099s are coming. Your last year’s tax return is done—but this year’s bill is already being written. The best time to lower your 2026 tax isn’t in…
Read moreWhy Partners Should Never Get a W-2
Why Partners Should Never Receive a W-2 (And What to Do Instead) If you’re a partner in a business—whether it’s a general partnership, limited partnership, or a multi-member LLC taxed…
Read moreThe #1 Mistake Small Businesses Make at Tax Time (And How to Avoid It)
You filed your return. You claimed your home office. You deducted mileage, software, and that client lunch.You even set aside money for taxes all year. So why did you still…
Read more