Bright Expectations

01/11/2026

Schedule 1-A is updated for 2025 with new additional deductions, including “No Tax on Tips,” “No Tax on Overtime,” car loan interest (QPVLI), and an enhanced senior deduction. Some deductions require joint filing and have income limits.

Read more at https://nstp.org/article/schedule-1-instructions-available

01/11/2026

As the 2026 tax season approaches, now is the perfect time to set up an Online Account. The tool allows you to access your tax information, make payments, review notices and more.

Visit www.irs.gov/account to create your Online Account today.

10/20/2023

Looking to get into the rental business? Here is a unique chance to own 8 units which are 2 bedrooms and 1 bath on 1.39 acres in Pickaway County. This profitable property is only being offered as owner financing. The units range from 825.00-975.00 a month giving around 7350.00 a month. Potential ...

01/31/2023

Today, Jan. 31, is the filing deadline for Form W-2 and other wage statements. Filing on time means can more easily detect refund fraud. Help support this process and avoid penalties by e-filing the forms now. See: http://ow.ly/ePrf50Munnh

01/21/2023

If you’re a , try this on for size: You’ll want your withholding to fit just like a glass slipper. Having too much taken out means less in your paycheck. Having too little could mean you owe taxes when you file. Let this tool help you get the perfect fit. www.irs.gov/withholding

01/17/2023

The is delaying the requirement to report 2022 transactions on a Form 1099-K for the lower $600 threshold. More details at: http://ow.ly/GS3R50MbFLw

01/15/2023

If you’re self-employed, including gig economy work, you will likely need to pay quarterly tax installments to . Make sure to mark your calendar: The next deadline to pay estimated taxes is January 17. Learn more: http://ow.ly/PT7c50MilPm

01/13/2023

Per the IRS
Filing season starts Jan. 23
The IRS set Monday, Jan. 23, as the beginning of the nation’s 2023 tax season, when the agency will begin accepting and processing 2022 tax year returns. With the three previous tax seasons dramatically impacted by the pandemic, the IRS has taken additional steps for 2023 to improve service for taxpayers. As part of the August passage of the Inflation Reduction Act, the IRS has hired more than 5,000 new telephone assistors and added more in-person staff to help support taxpayers.

01/12/2023

The has issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. For 2023, the standard mileage rate for business travel will be 65.5 cents per mile. To learn more, see: http://ow.ly/Am5450MeW5R

01/12/2023

IRS releases 2023 standard mileage rate.

The has issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. For 2023, the standard mileage rate for business travel will be 65.5 cents per mile. To learn more, see: http://ow.ly/Am5450MeW5R