Tax News

A Spousal IRA lets a working spouse fund a retirement account in the name of a spouse who has little or no earned income, and for 2026 that means a married couple can set aside up to $15,000, or $17,200 if both spouses are age 50 or older. The IRS…

Tax preparation software is the engine behind almost every return filed in the United States today, and choosing the right platform decides how profitable and how compliant your filing season becomes. Whether you file a single Form 1040 or run a multi-office practice preparing thousands of returns, tax preparation software…

Yes, unemployment is taxable. At the federal level, every dollar of unemployment compensation counts as income and is taxed like wages. You report it on Schedule 1 of Form 1040 using the amount shown on the Form 1099-G your state sends you. There is no special federal exclusion for 2026.…

Filing taxes after moving to a new state usually means preparing two state returns for the year you relocated. You file a part-year resident return in the state you left and another in the state you moved to. Each state taxes only the income you earned while you lived there.…

If the IRS hasn’t cashed your check yet, the payment is almost certainly not lost. It is sitting in a processing queue waiting to be posted to your tax account. As long as your bank confirms the funds are still available, the standard advice is to wait, keep your proof…

An income tax preparation course is one of the few professional credentials that pays for itself in a single season. The federal government does not license tax preparers. Anyone with a Preparer Tax Identification Number and $18.75 can legally prepare returns for compensation. That low barrier is exactly why training…

Learning how to get a bigger tax refund comes down to two things: paying in the right amount during the year and claiming every deduction and credit you legally qualify for before you file. Most taxpayers overpay on one and underclaim on the other. The 2025 tax law rewrote large…

Joining a tax preparer network is the fastest way for an independent tax office to gain the software, expertise, and revenue tools that national firms already own. A tax preparer network pools the buying power of thousands of small tax offices. That combined strength lowers your software cost, opens the…

Buying tax software is one of the highest-stakes decisions a tax preparation office makes each year, yet most preparers compare vendors the way they compare phone plans, by price and headline features alone. Nexus United Inc works with tax professionals filing individual, business, federal, and state returns, and the pattern…

Florida is known for its business-friendly environment, competitive tax climate, and growing opportunities for entrepreneurs. Although Florida does not impose a personal income tax, small businesses operating as corporations are still subject to the state’s corporate income tax, along with various federal tax requirements. Understanding Florida’s business tax structure, filing…