#tax-preparation
Organize financial records and prepare tax filings accurately and on time
Form 1040-SR is the large-print IRS return for filers 65 and older, with a built-in chart for the $2,000-plus senior standard deduction boost.
The IRS issues most e-filed refunds within 21 days — track yours with Where's My Refund using your SSN, filing status, and exact refund amount.
IRS Publication 334 is the free tax guide for Schedule C filers: business income, deductions, self-employment tax, and estimated payments in twelve chapters.
TurboTax Business guides first-timers, H&R Block bundles the 1040, TaxAct undercuts both — pick US entity software by forms, e-files, and support.
No return means no time limit: the IRS can assess unfiled years anytime, then bill you through an SFR with zero deductions.
Start year-end tax prep in October: collect W-9s under the IRS $2,000 1099 rule, clean up vendors, reconcile Q3, and calendar every deadline.
Got a 1099 for income that isn't yours? File a nominee 1099 and Form 1096, then subtract the pass-through on Schedule B or C to avoid a CP2000.
The IRS raised the 2026 business mileage rate from 72.5 to 76 cents for miles driven from July 1 — date every log entry or you cannot prove the higher rate.
Two employers over-withheld? Claim excess Social Security tax on Schedule 3, Line 11; a single employer's error needs a W-2c and Form 843 instead.
IRS TIN Matching is free and catches name/TIN mismatches before you file 1099s — each bad return can cost up to $340 plus 24% backup withholding.
IRS Free File is open to AGI of $89,000 or less for 2026, and Direct File is gone. Start at IRS.gov or your free return quietly becomes a paid one.
Form 1098 Box 1 goes to Schedule E line 12 and Box 5 to line 9, but rental points must be amortized over the loan term — never expensed in year one.
