by ManagerJill | Oct 31, 2025 | IRMAA, Medicare, Planning, Tax, Tip
Why did my IRMAA get increased? For those who receive Social Security, seeing a high increase in the amount withdrawn for the Medicare Income Related Monthly Adjustment Amount (IRMAA) can be a shock. While most Medicare Part A and Part B premiums are fixed amounts for...
by ManagerJill | Jul 8, 2025 | FYI, Tax, Tip
IRS Tax Tip 2025-46, July 8, 2025 Identity thieves can prey on anyone, at any time. Here’s some helpful tips for taxpayers to know when it’s really the IRS or not that’s contacting you. Email, text and social media The IRS doesn’t make initial contact through email or...
by ManagerJill | Jun 19, 2025 | Checklist, FYI, Individuals, IRS News, Tax, Tip
Summertime is common time for wedding bells to ring, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer’s marital status as of December 31 determines their tax filing options for the entire year, but that’s not all...
by ManagerJill | Mar 21, 2024 | Checklist, FYI, Individuals, IRS News, Tax, Tip
WASHINGTON – As the April 15 filing deadline approaches, the Internal Revenue Service issued a reminder to taxpayers on ways to prevent typical errors on their federal tax returns to help speed potential refunds. Collect all tax-related paperworkTaxpayers should...
by ManagerJill | May 4, 2023 | Business, FAQ, FYI, Hobby, Individuals, IRS News, Tax, Tip
Sometimes the line between having a hobby and running a business can be confusing, but knowing the difference is important because hobbies and businesses are treated differently when it’s time to file a tax return. The biggest difference between the two is that...
by ManagerJill | Dec 13, 2022 | Individuals, Disability, FYI, IRS News, Tax, Tip
IRS Tax Tip 2022-189, December 13, 2022 People with disabilities and their families can use Achieving a Better Life Experience or ABLE accounts to help pay for qualified disability-related expenses. ABLE accounts are tax-advantaged savings accounts that don’t...
