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I try to add tax blog articles weekly on tax topics that may be interesting to you. Please browse. If there is a topic you would like to see here or would like to more information on, please contact me.

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My Tax Blog

December 11, 2025 | 2025
2025 Tips/Overtime Deduction “Cliff Notes” From Tax Newsletter with Updates

Tips/Overtime—IRS Notice 2025-69 2 2025-2028 Tax Years Tips: Must work in industry where Tipping is routine (e. g. Hair care) AND IRS specifies industry qualifies for Tip Deduction. Hyperlink lists industries and code numbers. Tip is voluntary. Not subject to negotiation. Not “expected” or an arbitrary charge on customer bill. No additional service required for … 2025 Tips/Overtime Deduction “Cliff Notes” From Tax Newsletter with Updates

July 25, 2025 | 2025
What’s in the Big Beautiful Bill?

So Glad you asked. Lowered tax rates. No tax rates on tips and overtime if properly reported (and the matching deduction is taken). The 47 page tax summary has been pared down to three pages for “inquiring minds.” Spoiler alert! Energy tax credits (Home and Vehicle) are getting the AX-expire December 31, 2025. If … What’s in the Big Beautiful Bill?

December 13, 2024 | 2024
2024 Simplified Methods to Save on Federal and Ohio Taxes

Federal Tax Savings: It’s pay to play now. Spend or set aside money for tax savings: Increase 401K/IRA contributions. Additional contribution allowed if over age 50. Increase Health Savings account contributions. No employer option? Set up your own fee free account at bank or brokerage. Contributions are tax deductible. Have almost enough to itemize? Prepay … 2024 Simplified Methods to Save on Federal and Ohio Taxes

December 13, 2024 | 2024
2024 Ohio Tax Changes

From Annual Tax Newsletter: Not Every change but the changes that affect most Taxpayers and Small Business. . . . Ohio Tax Law Changes, Individuals Tax Rates: If taxable income is under 26,050 Ohio Income Tax Rate is $0 (yes, you read that correctly). if taxable income is 26,051 to $100,000 Ohio Income Tax Rate … 2024 Ohio Tax Changes

December 13, 2024 | 2024
IRS/Federal Tax Changes

2024 IRS/Federal Law Changes: Election year= campaigning. Not a lot of tax law changes. Not an all inclusive list, general changes from tax newsletter that affect small businesses and individuals Condoms are medical supplies and are tax deductible as medical expense. Check with HSA provider to see if Health Saving Account qualified. Corporate Transparency Act—Still … IRS/Federal Tax Changes

January 20, 2023 | 2023
2022 Tax Season Refunds Processed in 2023 How fast will I have the CASH?!

Hopefully quicker than last year. . . according to the IRS refund cycle Chart (see below), 2022 Tax Returns (filed in 2023) with direct deposit should see refunds within two weeks. Careful! this time frame is an estimate. Technical difficulties, computer issues, Congregssional action etc could slow down processing times. 2023 IRS Refund Standard … 2022 Tax Season Refunds Processed in 2023 How fast will I have the CASH?!

September 28, 2022 | 2022
Energy Jolts, Inflation Bolts, Tax Hikes and Pending Legislation

Energy Jolts. Energy Credit is back. Effective for 2022 –2032 tax years. Part of Inflation Reduction Act of 2022. Requires product availability and affordability. Credit is 30% of purchase price for energy star certified windows, exterior doors, insulation, water heater, biomass stoves, furnace or boiler installed during the year. No credit for Energy Star roof … Energy Jolts, Inflation Bolts, Tax Hikes and Pending Legislation

January 28, 2022 | 2021
Tax Season Update–The Opener

Pitcher at baseball game, action frozen mid pitch

IRS started accepting 2021 individual returns on January 24, 2022. It’s not going to be the same as in prior years. Expect refund delays. As of January 27, 2022 haven’t received any guidance for return processing time or refunds. To speed refund delivery: 1. File early 2. File an accurate return. Verify the Stimulus … Tax Season Update–The Opener

January 22, 2022 | 2022
2022 Tax Year: (as of Jan 2022) Pearls and Pains

Woman in ivory elizabethan gown wearing 3 pearl necklaces. her Hand is underneath the necklaces holding them away from her neck

Since the Build Back Better Act is stuck in the Senate 2022 tax year has a few changes (unless Congress intervenes) there will be: No Stimulus payments No Advanced Child Tax Credit Payments. Child Tax Credit reverts to $2,000 per child under age 17 Lower Earned Income Tax Credit No charitable Deduction on … 2022 Tax Year: (as of Jan 2022) Pearls and Pains

January 10, 2022 | 2021
Tax Cliff Notes: Filing? Credits? Refunds?

wood desktop with tablet pencil, pens, binder clips and calculator

IRS plans to start accepting individual tax returns on January 24. Tax preparers may be preparing returns before January 24 so they can be filed as soon as the IRS is ready. Taxpayers receiving Earned Income Credit or Child Tax Credit on the return may have a delayed refund. IRS is statutorily allowed to … Tax Cliff Notes: Filing? Credits? Refunds?

Welcome

My Tax Blog

December 11, 2025 | 2025 2025 Tips/Overtime Deduction “Cliff Notes” From Tax Newsletter with Updates

July 25, 2025 | 2025 What’s in the Big Beautiful Bill?

December 13, 2024 | 2024 2024 Simplified Methods to Save on Federal and Ohio Taxes

December 13, 2024 | 2024 2024 Ohio Tax Changes

December 13, 2024 | 2024 IRS/Federal Tax Changes

January 20, 2023 | 2023 2022 Tax Season Refunds Processed in 2023 How fast will I have the CASH?!

September 28, 2022 | 2022 Energy Jolts, Inflation Bolts, Tax Hikes and Pending Legislation

January 28, 2022 | 2021 Tax Season Update–The Opener

January 22, 2022 | 2022 2022 Tax Year: (as of Jan 2022) Pearls and Pains

January 10, 2022 | 2021 Tax Cliff Notes: Filing? Credits? Refunds?

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