Written by Peterson & Associates
IRS Letter 4883C: What It Means and What to Do Next
IRS Letter 4883C: What It Means and What to Do Next The IRS sends out Letter 4883C to taxpayers when they need to verify your…
Written by Peterson & Associates
IRS Notice CP35E: What It Means and What to Do Next
IRS Notice CP35E: What It Means and What to Do Next Notice CP35E is issued when the IRS has a refund to distribute, but it…
Written by Peterson & Associates
One Big Beautiful Bill Act (OBBBA) – Significant New Tax Law Changes for 2025 Tax Returns
Significant New Tax Law Changes for 2025 Tax Returns Overtime: The Act adds a new deduction of up to $12,500 ($25,000 for joint filers) for…
Written by Peterson & Associates
One Big Beautiful Bill Act (OBBBA) – Items Affecting 2025, 2026 or Future Years’ Individual Tax Returns
Items Affecting 2025, 2026 or Future Years’ Individual Tax Returns ABLE accounts: The Act permanently provides for additional contributions to Achieving a Better Life Experience…
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One Big Beautiful Bill Act (OBBBA) – Items Affecting 2025, 2026 or Future Years’ Business Tax Returns (including 1040s with Schedules C or E)
Items Affecting 2025, 2026 or Future Years’ Business Tax Returns (including 1040s with Schedules C or E) Bonus depreciation: The Act makes additional first-year (bonus)…
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How to Pay Individual Income Tax Due Online
How to Pay Individual Income Tax Due Online This step-by-step guide will help walk you through paying the income tax that you owe with your…
Written by Peterson & Associates
How to Make an Estimated Tax Payment Online
How to Make an Estimated Tax Payment Online This step-by-step guide will walk you through paying an estimated tax payment to the IRS. How to…
Written by Peterson & Associates
How to Set up an IRS Account
How to Set up an IRS Account This step-by-step guide will help you create an IRS account. Benefits of Creating an IRS Account Creating an…
Written by Peterson & Associates
No Tax on Overtime: What the New Deduction Means for Employees
No Tax on Overtime: A New Federal Deduction for Workers The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduced…
