Wemaxtax

01/26/2026

01/20/2024

Shhh you did not hear this from me: Tax avoidance is legal! Tax evasion is illegal. There is a difference. Planning is required!

01/20/2024

Tax avoidance is legal. Tax evasion is illegal!

01/18/2024

Did you know that early tax planning can save you time, money, and stress? Don't wait until the last minute to gather your documents and file your taxes. Start organizing your financial records now and take advantage of all the deductions and credits available to you. Our team is here to guide you every step of the way! 🗂️💡

01/15/2024

📢 It's tax season, and we're here to help you navigate through it! Whether you're a freelancer, small business owner, or an individual, our team of experts is ready to assist you in maximizing your tax deductions and ensuring you stay compliant. Get in touch with us today and let's make tax season a breeze! 💼💰

11/15/2023

To qualify for head of household filing status, there are a few requirements that need to be met:

1. Filing Status: You must be unmarried or considered unmarried on the last day of the tax year. This means you are not married, or if you are separated from your spouse, you haven't lived together for the last six months of the tax year.

2. Qualifying Person: You must have a qualifying person who lived with you for more than half of the tax year. A qualifying person could be your child, stepchild, foster child, sibling, or a relative who you provide support for and meets certain criteria.

3. Financial Responsibility: You must have paid for more than half of the cost of keeping up a home for the tax year. This includes expenses like rent/mortgage, utilities, property taxes, insurance, and groceries.

4. Relationship Test: You must also meet certain relationship tests with the qualifying person. For example, if the qualifying person is your child, they must be under 19 years old (or 24 if a full-time student) and be your dependent.

It's important to consult with a tax professional or refer to the IRS guidelines to ensure you meet all the requirements for head of household filing status, as individual circumstances may vary.