October 2023

Introduction: The Tax Relationship Status Dilemma Navigating the world of taxes can often feel like updating your relationship status on social media. Are you single? In a complicated tax relationship? Or perhaps the head of a household? Deciding between head of household vs single can significantly impact your tax bill. Let’s demystify this choice. Breaking Down “Single” The “Single” filing status is pretty straightforward. If you’re not married and don’t qualify for any other filing […]

Introduction: Second Chances in the Tax World Mistakes happen, even in the meticulous realm of taxes. But unlike some errors in life, the IRS offers a do-over for your tax return. If you’ve ever wished you could correct a tax misstep, the amended return process is your golden ticket. Let’s navigate the world of IRS amended returns. Why Amend a Return? Reasons abound: Income Adjustments: Perhaps you forgot to report certain income or received an