No Stress Tax Services LLC

08/30/2024

Taxes and the amount you pay is not all up to chance. Here are a dozen reasons to sit down with a professional to review your situation.

08/27/2024

1099-Ks are coming and you better understand what it means to you and your tax situation. Here is what you need to know.

Use Venmo? Expect a tax form. Sell tickets online? Expect a tax form. Ebay, Amazon...More tax forms. Here is what you need to know about the 1099 Ks you will be seeing this year.

08/23/2024

Avoid the mismatch tax headache. Here are some tips.

One of the most common types of audits is a correspondence audit caused by reporting inconsistencies with information supplied to the IRS. Here is a tip to keep this from happening to you.

08/16/2024

Standard deduction limits remain high through 2025. But there are exceptions. Check out these opportunities.

If you own a home you probably itemize your deductions on your tax return. But what if you do not itemize? Can someone using the standard deduction still get a tax break?

08/09/2024

Basis. A tax term that can be anything but obvious. Here is what you need to know.

This commonly used tax term is anything but common to most of us. Knowing the basics of basis can serve to lower your tax obligation when you sell property.

08/02/2024

Most workers ignore Social Security benefits until they are ready to retire. Bad idea. This is how it works.

When you're young, Social Security is often the last thing you think about. But it's NEVER too early to understand how it works. It can make a large difference in the amount of the checks you will eventually be receiving.

07/26/2024

Numerous taxing authorities want a piece of your business' success. All of them have due dates and penalties. Here is a great place to start to make sense of it all.

Running a business is complex and tax obligations are often one of the root causes. Here are some tips.

07/26/2024

New exemption and deduction amounts for 2024.

Here are the standard deductions for the current tax year.