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Hobby or Business? How the IRS Decides and Why It Matters

Hobby or Business? How the IRS Decides and Why It Matters

by TIG Tax Services | Feb 10, 2026 | Tax Updates

Many taxpayers engage in activities they enjoy: crafting, photography, reselling vintage items, or freelance consulting: that also generate income. The critical question the Internal Revenue Service poses is straightforward yet consequential: Is this a hobby or a...
Refund Transfer vs. Refund Advance vs. Getting Paid in Crypto: Which Is Better For Your 2026 Tax Refund?

Refund Transfer vs. Refund Advance vs. Getting Paid in Crypto: Which Is Better For Your 2026 Tax Refund?

by TIG Tax Services | Feb 10, 2026 | Tax Updates

Taxpayers preparing their 2026 returns face multiple options for receiving their refunds. While traditional methods like direct deposit and paper checks remain standard, alternative methods including refund transfers, refund advances, and cryptocurrency payments have...
Tax Extension vs. Extension to Pay: Don't Make This Costly Mistake

Tax Extension vs. Extension to Pay: Don't Make This Costly Mistake

by TIG Tax Services | Feb 9, 2026 | Tax Updates

Every year, millions of taxpayers find themselves unable to complete their tax returns by the April 15 deadline. The Internal Revenue Service offers relief through filing extensions, providing additional time to gather documents and finalize returns. However, a...
IRS Processing Delays in 2026: The Fastest Way to Get Your Refund Without Getting Flagged

IRS Processing Delays in 2026: The Fastest Way to Get Your Refund Without Getting Flagged

by TIG Tax Services | Feb 9, 2026 | Tax Updates

The Internal Revenue Service opened the 2026 filing season on January 26, and taxpayers who understand the processing timeline can position themselves for the fastest possible refund. With the right approach, most filers can expect their refund within 21 days of...
Charitable Bunching: A Strategy to Maximize Your Deductions

Charitable Bunching: A Strategy to Maximize Your Deductions

by TIG Tax Services | Feb 8, 2026 | Tax Updates

For taxpayers who regularly contribute to charitable organizations, the 2017 Tax Cuts and Jobs Act created an unexpected challenge. With the standard deduction nearly doubling, many generous donors found themselves unable to itemize their deductions: effectively...
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Terry Investment Group Inc
T/A: TIG Tax Services
6700 Alexander Bell Drive
Suite 200
Columbia, Maryland 21046
Main: (667) 309-9555

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TIG Tax Services
9613 Harfird Road
Suite C # 1274
Parkville, Maryland 21234-2150

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