Tax Tips & More
Beat the OBBBA/TCJA Rules that Punish Dog Breeding Hobbies
Are you involved in a dog breeding business or considering starting one? If so, you are in the IRS’s crosshairs. The IRS has long considered dog breeding to be an activity typically classified as a hobby, rather than a business, for tax purposes.
Wildfires, Floods, Hurricanes: How the IRS Has Your Back
There’s nothing good about a disaster, but at least the tax law can help disaster victims in various ways. And recent changes in the law provide even more ways to get tax relief.
CPA Steals Payroll Taxes, Owner Has to Pay the IRS
When you own and operate a business, you must exercise vigilant oversight, including watching over your payroll taxes. Here’s an example of why.
No Mercy for You When Your CPA Does Not File Your Tax Return
What’s your worst tax nightmare? Identity theft? Not having enough money to pay all the taxes you owe? How about this: your CPA, enrolled agent, or other tax preparer has not filed your taxes for three years.
How Long Does the IRS Have to Audit Your Returns?
Nobody wants to spend their whole life looking over their shoulder, wondering if the IRS will audit them. Luckily, there is a statute of limitations on IRS audits and tax assessments.
The IRS Dirty Dozen List: More Than Just a Gimmick
For over 20 years, the IRS has issued an annual Dirty Dozen list identifying tax scams and avoidance schemes. This year’s list includes everything from employee retention credit claims to the use of fake charities.
Best Practices When E-Filing Returns
Avoid future problems by following these best practices for e-filing.
Common Mistakes in Tax Preparation
Avoid errors that can occur when preparing tax returns by learning these common mistakes.
What Are Your Chances of Being Audited?
These red flags could increase your chances of the IRS selecting your return for audit.
February 2026 Tax Due Dates
February 2 : Deadline to file and pay 2025 taxes in full if not making an estimated tax payment in January
February 10: Tips for January 2026 reported to employer
February 16: File Form W-4 to reclaim exemption from withholding for 2026
March 2026 Tax Due Dates
March 2: Farmers and fishermen file 2025 tax return to avoid penalty if estimated tax not paid by January
March 10: Tips for February 2026 reported to employer
March 16: S-Corporations and partnerships file 2025 business tax returns
April 2026 Tax Due Dates
April 1: First required minimum distribution (RMD) by individuals who turned 73 in 2025
April 10: Tips for March 2026 reported to employer
April 15: 2025 tax return and pay tax due
April 15: File Form 4868 to request six-month income tax return filing extension (payment of tax not extended)
April 15: File Schedule H (1040) and pay employment taxes for household employees (file separately if Form 1040 is not filed)
April 15: Estimated tax payment for first quarter of 2026
April 15: Contribute to individual retirement account (IRA) for 2025
April 15: Withdraw excess IRA contributions in 2025 to avoid penalty if filing of form 1040 was not extended
April 15: Contribute to health savings account (HSA) for 2025
April 15: Contribute to solo 401(k) plan or simplified employee pension (SEP) plan for 2025 by self-employed if filing of form 1040 was not extended
April 15: File 2022 tax return (Form 1040) to request unclaimed tax refund for the 2022 tax year