Don't let a missing Form 8962 lead to a rejected tax return or a lost subsidy. Our updated 2026 guide covers everything from basic eligibility to advanced HSA strategies that keep your income below the cliff and your money in your pocket.
The Bottom Line Up Front: What You Need to Know Now The IRS, in coordination with the U.S. Department of the Treasury, officially announced that paper tax refund checks for individual taxpayers will be phased out. This became effective September…
Making millions of dollars each year is a huge win for many business owners. It usually comes with the feeling of real financial success. But there’s one problem. Without effective wealth management, this level of financial success often brings an…
Key Takeaways Investors who used Opportunity Zones (OZs) to defer capital gains will face a potentially costly tax deadline in 2026. Deferred gains must be recognized by December 31, 2026, and reported on tax returns. The 5-year and 7-year step-up…
Did you know that in high-tax states like California, New Jersey, or New York, personal income tax alone can eat up more than 10% of your income? And that’s before federal taxes! It is no wonder more business owners are…
Every tax season, business owners and professionals search for ways to reduce their tax bills. As a result, a troubling trend has emerged online: fraudulent tax schemes spreading through social media. These scams lure people with claims of quick, guaranteed…
Why does it feel like a huge chunk of your profits just disappears every year to taxes? For many business owners paying over $100,000 in annual taxes, that feeling of a heavy, unavoidable burden is all too common. This is…
"When have I reached the point where I need more than just a tax preparer?" That’s a question on the lips of many business owners. Frankly, there’s no one-size-fits-all answer, and many struggle with determining whether investing in a dedicated…
If you are a high-income business owner, you know the drill: you work hard to make more money and build your business. But you also watch a huge chunk of all that money disappear to taxes. Federal income taxes, state…
Did you know that Tax Goddess just turned 21?!! (I know, I know, we look too young! ;p While today we are ranked among the top 1% of tax strategists in the U.S., it all began with something much smaller…
Finding the right tax strategy consultant is key to truly transforming how you legally reduce your tax bill and retain more money as a business owner. Think about it: Tax Goddess, for instance, has helped business owners like you claim…
Tax Preparation and Tax Strategy are often used interchangeably, but they’re far from the same. In fact, treating them as the same could be detrimental to your financial situation. One is about getting things done right when the clock’s ticking,…
As a married business owner in the U.S., choosing between Married Filing Jointly or Married Filing Separately can impact how much you owe the IRS. While most married couples file jointly, there are strategic reasons why some may benefit from…
Congratulations! Your baby has a retirement account! Yes, you read that right. And no, it’s not a meme. On July 4, 2025, a sweeping federal law introduced a new type of tax-advantaged savings account for children, known as the Trump…
As a real estate agent, your days are filled with hustle–driving to client meetings, staging open houses, and sealing the deal on dream homes. And when tax season rolls around, all that hard work can translate into substantial tax savings…