If you filed on time, next week’s tax deadline will probably pass by unnoticed. Another year’s taxes are filed away.But… if you’ve fallen behind, had trouble gathering all your documents, or simply decided to ignore the tax filing deadline, this note is for...

Key TakeawaysFiling for bankruptcy does not automatically get rid of student loans. You usually have to take an extra legal step and prove repayment would create an undue hardship. If student loan debt is discharged, forgiven, settled, or canceled, the tax result...

About 43 days left in “tax season.”That’s right. Only 43(ish) days to fill out those tax forms and submit them to the IRS so you can close the cover on the book of 2022.My team and I have obviously been taking care of this for our McMinnville clients, marking hundreds...

We all have to pay our fair share of taxes. It’s a reality we just can’t escape. But sometimes people try. Missed deadlines or membership in the payment avoidance club are not helpful ways to deal with mounting tax debt. Eventually, we all have to face the music,...

 Quick Answer: For individual taxpayers, the federal deadline to file your extended tax return (Form 1040) is October 15. Or September 15, if you're waiting on a business Schedule K-1. Just remember that an extension grants extra time to file your paperwork,...

We’re on the backstretch of summer post-Independence Day, doing our best to soak up the summer sun and long daylight hours.But also, we here at Team Above All Accounting, Inc are ready to start revving up our work on behalf of our McMinnville clients … to help you...

For those of you glued to your screens last week watching Ed the zebra make his way through neighborhoods and highways in Tennessee, I’m happy to report: he has been found and returned safe and sound to his owner. Now you can return back to your regularly...

I hate to be the bearer of bad news, but someone has to say it – Daylight Savings Time is ending this weekend. Unless you live in Arizona or Hawaii (some of us are lucky ducks, some…not). On top of being a pain, Daylight Savings doesn’t even live up to its name....

 Key Takeaways For the 2025 tax year, a single taxpayer under age 65 generally does not need to file if total income is below $15,750 (assuming no special circumstances apply) Certain types of income, like self-employment income or taxable Social...

There is a lot of fear and angst in our culture these days. Sparked by tragic current events, as well as a general sense of disjointedness in our culture. But for many who might be reading this, there is another one that might be lurking latent beneath these other...