How Do Trump Accounts Work For Jefferson County Kids?
Key Takeaways Trump Accounts are long-term, tax-deferred savings accounts designed specifically for children Parents or guardians manage the account until the child turns 18, after which the child takes over Certain children (especially those born between 2025 and 2028) may qualify for government seed money Contributions and withdrawal rules are different from traditional retirement […]
What Do I Need To File My Taxes This Year With My Jefferson County Tax Pro?
Key Takeaways Bring valid government photo IDs and Social Security cards (or ITINs) for every person listed on your return to verify identities and prevent fraud. Collect all W-2s and 1099s, including the new Form 1099-DA for any digital asset or cryptocurrency activity. Provide monthly tip logs and pay stubs showing “time-and-a-half” pay to […]
Bigger tax refunds this year?
Key Takeaways Yes, many filers may see larger refunds (potentially $300 to $1,000 more) based on current estimates The increase is largely tied to new tax cuts under the One Big Beautiful Bill Act (OBBBA) and outdated withholding during 2025 Whether a big refund is good or bad depends on why it happened This year, […]