Welcome

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.

Find Out More

My Tax Blog

December 13, 2024   |   2020
But I Can’t Afford a Tax Preparer . . .

If Can’t Afford a Tax Preparer, Check With: Your bank (some offer free tax preparation). Local college (Accounting majors need experience!) IRS Volunteer Income Tax Assistance (VITA) or Tax Assistance for Elderly (TCE) preparation sites 888-227-7669.or https://www.irs.gov/individuals/free-tax-return-preparation-for-qualifying-taxpayers info only available during tax season =January Through April 2025. IRS Free File Program. If qualify will receive … But I Can’t Afford a Tax Preparer . . .

Continue Reading

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

Continue Reading

December 13, 2024   |   2024
2024/2025 Facts and Figures

                                                                                                                                                                                                                                      Tax Year FACTS & FIGURES, TBA=To be announced          2024                      2025 Social Security COLA                                                                 3.2%                            2.5% Part B premium- income < $85,000                                               174.70                         185.00 Early, Max earnings limits b4 Soc Sec reduced                                22,320                         23,400 Early, Max earning for … 2024/2025 Facts and Figures

Continue Reading

October 24, 2024   |   2024
What’s on the Ballot? 2024 Election Update. . .

2024 General Election—OHIO-Seneca, Crawford, Huron Counties Other counties see Ballotpedia.org, Vote411.org or League of Women Voters site for your area For Ohio US Senate Districts 5, Ohio Senate District 26 and Ohio House District 88.  Not sure which Ohio District you’re in? See map links 1-4 above the Issue One discussion. . President Republican                 Democrat … What’s on the Ballot? 2024 Election Update. . .

Continue Reading

January 13, 2024   |   2023
Tax Season Cometh

calculator and notepad hand with pen is writing on notepad

IRS will be accepting individual returns from non IRS partners January 29, 2024. For lower income taxpayers,  IRS free file program is already up and running. For more information see:  https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free   Program does not require a computer, can fill out your taxes on a tablet or mobile phone. . .  

Continue Reading

December 18, 2023   |   0
2024 Mileage Rates

Tahoe utility setting at the water's edge of a beach

Recently announced. IR-2023-239, Dec. 14, 2023 WASHINGTON — The Internal Revenue Service issued the 2024 optional standard mileage rates for calcuating automobile costs for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2024, the standard mileage rates for the use of a car, vans, pickups or panel trucks) will be: 67 cents per … 2024 Mileage Rates

Continue Reading

August 2, 2023   |   2023
2023 Issue 1-Yes NO!! Maybe So . . .

On August 8, 2023 Ohio will have a special election for Issue One which addresses Ohio Constitutional Amendment Procedure. Under current Ohio law, Ohio citizens can petition for an Ohio Constitution amendment. Amendments are adopted if: 1. if the Secretary of State receives the proposed amendment with 1,000 verified signatures from Ohio citizens qualified to … 2023 Issue 1-Yes NO!! Maybe So . . .

Continue Reading

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

pair of hands holding a ball of 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?!

Continue Reading

January 20, 2023   |   2023
Tax Season Starts . . . Postage goes up. .

pile of gold and silver coins on a black table

IRS will start receiving returns January 23, 2023. Postal Service is feeling the inflation crunch. Postage rate for 1st class mail will increase Sunday (January 22, 2023) to .63 for a first class letter.

Continue Reading

Categories