https://www.facebook.com/100941245816307/

The Tax Plug

10+ years tax preparation experience for individuals and small businesses

10/29/2026

Going through a divorce? Taxes get complicated fast. Filing status, who claims the kids, how support payments are treated, who gets the house-related deductions, all of it needs attention. Alimony from divorces finalized after 2018 is not deductible by the payer or taxable to the receiver, which surprises a lot of people. Do not assume your old filing routine still works. Get guidance early, not in April when everything is final.

10/28/2026

What is a tax myth you believed for way too long? I will start: so many people think getting a bigger refund means they did something right. Nope, it means you overpaid. Your turn. Drop the myth you believed in the comments. Let us clear them all up together. No judgment, the tax code is confusing on purpose, I am convinced.

10/28/2026

Selling on Facebook Marketplace, eBay, Poshmark? Here is the deal: selling your old stuff at a loss is generally not taxable income. But if you are buying and reselling for profit, that IS a business, and the profit is taxable. The platforms may send you a 1099-K if you cross the reporting threshold. Keep records of what you paid versus what you sold it for. Hobby or business, the line matters.

10/28/2026

Had a baby in 2025? First, congratulations. Second, let us talk taxes, because a new baby changes a lot. You get the Child Tax Credit for the full year, even if the baby arrived in December. Your filing status might change. Childcare costs may qualify for the Dependent Care Credit. And if you took unpaid leave, your withholding might be off. Update your W-4 now so your paychecks reflect your new reality.

10/27/2026

I do not do flashy. I do not do pressure. What I do is sit down with your documents, find every credit and deduction you qualify for, explain everything in plain English, and file it right. Ten years, hundreds of returns, and most of my clients come back every year or send their family. That is the whole business model: do good work, treat people right, and they stick around. If that sounds like what you need, shoot me a message.

10/27/2026

If you owe the IRS but genuinely cannot pay right now, there is a status called Currently Not Collectible. It means the IRS agrees to pause collection because paying would leave you unable to cover basic living expenses. Interest still grows, and they review it periodically, but the immediate pressure stops. This is not a loophole, it is for real hardship. If that is your situation, know that this option exists.

10/27/2026

Got married in 2025? Congratulations, and heads up: your filing status for the whole year is based on December 31. Married on December 30? You are married for tax purposes for all of 2025. Most couples benefit from filing jointly, but not always, so run it both ways. Also update your W-4s and check whether your combined income pushes you into a different bracket. Marriage changes the math. Make sure your withholding kept up.

10/26/2026

Holiday side gig season is almost here. Retail shifts, delivery driving, seasonal warehouse work, all of it is taxable income. If it is a W-2 job, taxes come out automatically. If it is 1099 gig work, nothing comes out and you need to set money aside yourself. Enjoy the extra income, just do not spend all of it before tax time. A separate savings account for the tax cut keeps January stress-free.

10/26/2026

You have probably seen ads promising to settle your tax debt for pennies. Here is the honest version: the IRS does have a program called Offer in Compromise, but most people do not qualify. It is for situations where you genuinely cannot pay, not a magic loophole. Those ads make it sound easy because they want your fee. If you owe and cannot pay, a payment plan is the realistic path for most people. Get advice before you pay anyone for promises.

10/26/2026

Started a new job this year? Your W-4 from the old job does not follow you. Every new job needs a new W-4, and what you put on it decides how much tax comes out of each check. Too little withholding and you owe in April. Too much and you wait months for your own money back. If you have two jobs, or your spouse works too, the standard W-4 often under-withholds. Take ten minutes and get it right.

Address

22967 Outer Drive
Detroit, MI
48124

Website

facebook.com

Alerts

Be the first to know and let us send you an email when The Tax Plug posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.