#TaxAnswers: Online Sales & Sales Tax
Selling online? You may need to collect sales tax in states where you have “nexus” — either physical presence or enough sales activity. Even if a marketplace collects for you, you’re still responsible for compliance.
#SalesTax #SmallBusiness #OnlineSeller
#TaxAnswers: Why Is My Tax Refund Delayed? Waiting on your refund? You’re not alone. Refunds can be delayed due to errors, mismatched income reporting, paper filing, or claiming certain tax credits, like the EITC.
#TaxRefund #IRS #TaxHelp #TaxSeason #FinancialTips
#TaxAnswers: The temporary COVID-era rule that allowed taxpayers to take a small charitable deduction without itemizing expired after 2021. As of now, the only way to deduct charitable contributions is to itemize.
#TaxAnswers: Quarterly taxes are estimated tax payments that self-employed individuals and small business owners send to the IRS four times a year. Instead of having taxes withheld from a paycheck, you pay as you go.
The upcoming 2026 due dates are as follows: 4/15/26, 6/15/26, 9/15/26 & 1/15/27
Deductions lower your taxable income. Credits lower your tax bill directly.
💡 Pro Tip:
Credits usually have a bigger impact than deductions — so don’t miss out on valuable ones like the Child Tax Credit, Earned Income Credit, or Education Credits. #TaxAnswers
If you’re self-employed, a good rule of thumb is to set aside 25%–30% of your income for taxes. Open a separate savings account just for taxes. Every time you get paid, move 25–30% of that deposit into the account. You’ll thank yourself in April. #TaxAnswers
#TaxAnswers
Yes, you can apply for tax relief on your own — but it’s tricky. 🌀 One mistake could cost you time, money, or approval. That’s why many turn to pros (like Top Dog) who know how to negotiate with the IRS.
📌 #TaxAnswers: How Much Can The IRS Take From My Paycheck?
A lot more than most people expect. When the IRS issues a wage garnishment, they don’t follow the same limits as other creditors, but acting quickly to negotiate with the IRS can help you keep more of your paycheck. Need help? Contact us!
📌 #TaxAnswers: Can The IRS Take My Tax Refund?
Yes, they can.
The IRS has the authority to seize (or “offset”) your federal tax refund if you owe certain debts. This means instead of sending you the refund, they apply it toward what you owe - even if you have a payment plan in place.
Regardless of whether you are divorced, separated, or were never married, only one parent can claim a child on their tax return. In most cases, this will be the custodial parent with whom the child lived for the most nights throughout the tax year. #TaxAnswers
Although the IRS is going through some personnel changes, it is not wise to ignore your unpaid tax balances. Penalties and interest will continue to accrue, and, at some point, your account will be sent to collections. This could lead to tax liens and levies, as well as wage garnishment. #TaxAnswers
Unfortunately, whether you’re married, separated, or divorced, the IRS will not let you off the hook if the tax debt was assessed during your marriage and you filed jointly. IRS Innocent Spouse Relief, however, may relieve your liability for the due balance. #TaxAnswers