Updating Your Name with the IRS: A Comprehensive Guide for Tax Compliance

Changing your personal or business name is a significant event. However, it’s crucial to also inform the Internal Revenue Service (IRS) and other relevant agencies to ensure your records match your tax filings. Failing to update your name can lead to delays in processing your tax return, refunds, or even legal complications. This article will […]

IRS Inflation Adjustments for Tax Year 2024: What This Means for You and Your Taxes

The IRS announces incremental adjustments to tax benefits every year due to inflation. Inflation has continued to increase over the last year. You may be wondering what does this mean to you and how does inflation affect your taxes. Rest assured, TurboTax has you covered. Below, we will cover the important inflation adjustments for 2024 and what that may mean […]

Tax Year 2023: Does Your State Have an Extended Deadline?

Navigating tax obligations while facing unforeseen challenges posed by a natural disaster can make for especially difficult times. If you were a victim of a natural disaster in an area designated as a federal disaster by the Federal Emergency Management Agency (FEMA) the IRS has likely extended various federal tax deadlines and other relief to […]