Chattytax

Avoid tax increase surprises at the filing deadline by reviewing these common causes now.

Common Tax Increase Surprises - I did not owe that last year! Too often we think our upcoming tax bill will be similar to the one last year. When it is not AND when it is a higher tax bill, the surprise can be problematic. Outlined here are some common areas that create these unpleasant surprises.

Did you know you can rent your home or cabin tax-free for up to 14 days per year?

Rent Your Property Tax-Free Did you know you can rent out your home or vacation property for up to 14 days and not need to claim the income? Here are some tips to take advantage of this opportunity.

Get organized or pay the price when filing your taxes. This year it is more important than ever.

A Time to Organize - Diverse tax reporting makes this year a challenge If your tax records are a bit of a mess, here are some ideas to help to get better organized.

Ouch! The Form 1099 you just received is wrong. Here's what you should do.

What? This Form 1099 is Wrong! - What to do to fix this thorny problem Vendors are not perfect. What should you do when you receive a tax form that is in error?

Orden Financial updated their phone number.

Orden Financial updated their business hours.

Look for an IRS letter confirming your economic impact payments and advance child tax payments. Here is what you need to know.

IRS to Send Recap of Economic Impact and Child Tax Payments To help prepare your tax return the IRS announced it will help with payments sent to you. Read on...

Reminder: Q4 estimated taxes are due Tuesday, January 18, 2022.

Reminder: Fourth Quarter Estimated Taxes Now Due - Now is the time to make your estimated tax payment Plan now to make your 4th quarter estimated tax payment.

The IRS increased the standard business mileage rates for 2022 by 2.5 cents, to 58.5 cents per mile. Learn more here.

2022 Mileage Rates are Here! - New mileage rates announced by the IRS Here are the standard mileage rates for 2022.

A great way to shelter over $1,000 from tax each year is to leverage the kiddie tax rules. Here is what you need to know.

Leveraging Kiddie Tax Rules - Tax saving tips for parents AND grandparents When done correctly, over $1,000 of unearned income be tax free for each child each year. But only if you know the rules. Here is what you need to know.

Understanding the like kind exchange rules can help you defer tax when buying real estate, but only if you follow the rules.

Postpone Taxes with a Like-Kind Exchange - The real estate boom creates opportunity When buying or selling property, especially real estate, it is good to know and understand this tax deferral technique.

Orden Financial updated their website address.

It's that time again! The final chance to reduce your annual tax bill. Take action before December 31st.