Scary Tax Situations and How to Conquer Them
Most scary tax situations arise from procrastination—whether it’s filing after the deadline or ignoring communications from the IRS. To help you stay prepared, here are some common tax nightmares and what to do if you encounter them:
How Do I Get Copies of Old Tax Returns? | FAQ
After tax season, one of the most frequent requests we receive from clients is for copies of their previous year's tax returns. People often need an old tax return for various reasons, such as income verification, handling an IRS audit, or amending a tax return.
We’ve Moved! | 913 Squalicum Way, Suite 212
We are delighted to inform you that as of May 28, 2024, Northside Tax Service has relocated to a new office! This move is a significant milestone in our journey, reflecting our ongoing commitment to providing you with the best possible service and support.
About IRS Notice CP01A
If you received an IRS Notice CP01A, the IRS has assigned you an Identity Protection PIN (IP PIN). This unique six-digit number is a security measure that helps prevent someone else from filing a tax return using your Social Security Number or Individual Taxpayer Identification Number (ITIN).
What to Expect for the 2024 Tax Season
With a new year comes new deadlines and changes. In this blog post, we’ll give you an overview of important tax deadlines, what you should expect when filing your 2023 tax return, and key updates to tax laws for the year.
Understanding Individual Retirement Arrangements (IRAs)
An IRA, or Individual Retirement Arrangement, is a type of retirement savings account that offers individuals tax advantages for the purpose of saving and investing for retirement.
Farm Taxes | The Basics
If you're a farmer or own a farm that generates income, then it's essential to understand your tax responsibilities related to farming activities.
Working Families Tax Credit
The Working Families Tax Credit is a new tax credit available for low-to-moderate income Washington residents.
Tax Season begins January 23, 2023!
Tax season officially begins on Monday, January 23, 2023! We look forward to seeing you this year. Like previous years, we are offering tax prep filing services in a variety of ways.
What to Know for the 2023 Tax Season
A new year means new changes! In this post, we’re going over the changes made for the 2022 tax year that you will see when filing your taxes this year.
Charitable Contributions | Frequently Asked Questions
Donating not only helps those around you, but it can also provide you with some tax benefits.
What Happens If I Don’t File a Tax Return?
Filing taxes can be stressful, neglecting to file your taxes can cause a lot more stress further down the line.
How Does Financial Aid Affect My Taxes?
Many students receive financial aid to help cover the costs of going to college. If you receive aid, it’s important to be educated on how it may affect your taxes.
Reporting Tips | FAQ
Tips are a great bonus when working in the service industry, but there are some tax considerations with this extra income. Here are answers to some of the frequently asked questions about reporting tips.
IRS Error Regarding CP14 Notices
Balance due notices (CP14) have been incorrectly issued to some taxpayers who filed married filing jointly.
Summertime Tax Tips
Many summertime activities, from getting married to working a summer job, can affect your tax situation. Make sure to check out these Summertime Tax Tips to avoid surprises next tax season.
Business Use of Your Home | FAQ
Self-employed individuals and small business owners working from home can save money by taking a deduction for business use of the home.
1099-K | The Basics & What’s New
Updates to the threshold requirements for Form 1099-K mean that more people will receive this form than ever before.
Estimated Tax Payments | FAQ
In the United States, taxes are pay-as-you-go, which means that you need to pay your taxes throughout the year as you receive income.
Tax Considerations When You’re Self-Employed
When you have self-employment income, your tax situation will look different compared to being an employee.