by TIG Tax Services | Feb 3, 2026 | Tax Updates
Gig workers and small business owners have faced significant confusion over the past few years regarding Form 1099-K reporting thresholds. Between shifting IRS guidelines, delayed implementations, and recent legislative changes, many taxpayers remain uncertain about...
by TIG Tax Services | Feb 3, 2026 | Tax Updates
Every tax season, millions of taxpayers face the same fundamental question: should they claim the standard deduction or itemize their expenses? For the 2025 tax year (filed in 2026), this decision carries significant financial implications. Understanding which...
by TIG Tax Services | Feb 2, 2026 | Tax Updates
Divorce introduces significant complexity into virtually every aspect of financial life, and tax filing is no exception. One of the most contested issues divorcing or separated parents face is determining which parent has the right to claim shared children as...
by TIG Tax Services | Feb 1, 2026 | Tax Updates
As business travel rebounds to pre-pandemic levels, taxpayers must navigate updated IRS regulations and rate changes that affect deductible expenses for 2026. Understanding these rules ensures businesses and self-employed individuals maximize legitimate tax benefits...
by TIG Tax Services | Jan 31, 2026 | Tax Updates
Education costs continue to rise, making federal education tax credits more valuable than ever for taxpayers supporting higher education expenses. Understanding how to maximize these credits while navigating income limitations can result in significant tax savings for...