Morning Sons Tax LLC w/ Octavia Denise Lovett LLC

02/18/2026

Octavia Denise Lovett

02/18/2026

With Coaxum Andréa – I'm on a streak! I've been a top fan for 15 months in a row. 🎉

02/18/2026

First Batch for held credits under the PATH ACT 03-09-2026. Depending on your bank being utilized the timeframe could be sooner.

02/02/2026

Be sure to have up to date info on banking details. We don't want any delays.

01/13/2026

Most income is taxable unless it’s specifically exempted by law. Income can be money, property, goods or services. Even if you don’t receive a form reporting income, you should report it on your tax return.

Income is taxable when you receive it, even if you don’t cash it or use it right away. It’s considered your income even if it’s paid to someone else on your behalf.

Types of taxable income
Taxable income can include payments you receive from:

Employment
Wages and employee benefits included on Form W-2

Self-employment or side jobs
Freelance or independent contractor work
Goods or services you sell online
Gig work or side jobs, often through apps
Renting out personal property
Bartering services or goods
Royalties

Businesses
Partnerships or other business entities

Investments
Capital gains
Stock options, splits or trades
Interest
Dividends
Digital assets or cryptocurrency

Benefits paid to you
Retirement plan distributions, pensions or annuities
Unemployment benefits
Social Security income
Some life insurance proceeds
Some survivor benefits

Other types of income
Tax refunds, reimbursements and rebates
Canceled debts
Alimony payments
Court awards and damages
Some scholarships
Gambling winnings
Prizes and awards

01/13/2026

Earned income
Earned income includes all the taxable income and wages you get from working for someone else, yourself or from a business or farm you own.

Types of earned income
Wages, salary, or tips where federal income taxes are withheld on Form W-2, box 1
Income from a job where your employer didn’t withhold tax (such as gig economy work) including:
Driving a car for booked rides or deliveries
Running errands or doing tasks
Selling goods online
Providing creative or professional services
Providing other temporary, on-demand or freelance work
Money made from self-employment, including if you:
Own or operate a business or farm
Are a minister or member of a religious order
Are a statutory employee and have income
Benefits from a union strike
Certain disability benefits you got before you were the minimum retirement age
Nontaxable Combat Pay (Form W-2, box 12 with code Q)
If you claim nontaxable combat pay as earned income, it may increase or decrease the amount of your EITC. For more information, see Publication 3, Armed Forces' Tax Guide.
Earned income does not include:

Pay you got for work when you were an inmate in a penal institution
Interest and dividends
Pensions or annuities
Social Security
Unemployment benefits
Alimony
Child support

01/13/2026

Helping workers claim the refund they are owed
The Earned Income Tax Credit (EITC) helps communities by providing crucial support to low- and moderate-income working individuals and families, stimulating local economies, and improving the well-being of families and children.

The IRS estimates that one in four eligible workers don’t claim their earned EITC. This leaves billions of dollars on the table each year. It is a refundable credit, meaning that even if it reduces your tax liability to zero, you could still receive a refund for the remaining amount.

How to get the refund credit
To get the money you earned you must file a federal tax return even if you normal don’t have to file. We don’t want you to miss out on the money you have earned.

Who qualifies
The EITC credit varies by income, family size and your filing status. To be eligible, you must have earned income or certain disability income. This means you must have income from working for someone or working for yourself.

For more the latest income limits, see Who Qualifies for the Earned Income Tax Credit (EITC)

For example, in tax year 2024
Your annual gross income (AGI) amount is:

Make less than $59,899
$66,819 if married filing jointly
Investment income limit: $11,600 or less

Maximum credit amounts:

No qualifying children: $632
1 qualifying child: $4,213
2 qualifying children: $6,960
3 or more qualifying children: $7,830
Each year the maximum income amounts change. To find the latest income limitations, see Earned income and Earned Income Tax Credit (EITC) tables.

We also have qualifying child rules for claiming EITC. For more details about these rules, see Qualifying child rules.

Visit IRS.gov/eitc for more information about EITC.

Free tax filing help
If you qualify for EITC you may also be eligible to participate in the VITA program. The VITA sites offer free tax help to people who need assistance in preparing their own tax returns, including:

People who generally make $67,000 or less
Persons with disabilities; and
Limited English-speaking taxpayers
IRS-certified volunteers ask the needed questions to find out if you qualify for the EITC and other refundable credits. They also prepare and e-file (file electronically) your return at no cost to you.

Find a VITA site near you.

For additional details about free tax help, see Free tax return preparation for qualifying taxpayers.

Free electronic tax filing
IRS Free File lets qualified taxpayers prepare and file federal income tax returns online using guided tax preparation software. It’s safe, easy and no cost to you.

You may qualify for other family, dependent and student credits
Child Tax Credit (CTC)
Advance Child Tax Credit (ACTC)
Credit for Other Dependents (ODC)
American Opportunity Tax Credit (AOTC)
Visit IRS.gov/eitc for more information about EITC.

If you’re a low- to moderate-income worker, find out if you qualify for the Earned Income Tax Credit (EITC) and how much your credit is worth.

01/12/2026

The IRS announced Monday, Jan. 26, 2026, as the opening of the nation’s 2026 filing season.

The second news release for the IRS’s Get Ready campaign explains additional steps tax professionals and their clients should take before filing tax year 2025 federal income tax returns. These steps include:

Accessing IRS Individual Online Accounts. Users can view account information, make payments, manage communication preferences and protect tax information. Tax professionals can use Tax Pro Account and businesses can use Business Tax Account.
Using direct deposit to receive tax refunds.
Reviewing new 2025 tax law changes, including the tax provisions in the One, Big, Beautiful Bill.
Learning about new Trump Accounts for eligible children.
Knowing how to report income from payment apps and online sales. All income from part-time work, gig activities or sales of goods and services is taxable. Form 1099-K, Payment Card and Third Party Network Transactions, will be issued by payment card companies for any amount and by payment apps and online marketplaces when payments exceed $20,000 and more than 200 transactions occur for the year.
Being familiar with digital assets reporting requirements. Taxpayers who bought, sold or received digital assets, including cryptocurrency, stablecoins or NFT, must report those transactions. Some taxpayers may receive Form 1099-DA from brokers. Regardless, all taxpayers must answer the digital asset question on Form 1040 and report any related income, gains or losses.
Taking these steps and gathering documents now will help ensure a smoother, less stressful experience when filing taxes.

12/31/2025

Always remain current.

12/19/2025

Start gathering all your receipts and have documents in order. 🥳

12/19/2025

2026 New Fiscal Year many new things are happening staying current with all updated material