Category: Tax and Life Changes

Life changes and your taxes go hand in hand; believe it or not. That being said, it’s easy to forget about your tax return as a newlywed or when you’re welcoming a newborn into the family. Be aware that many of these changes also make you eligible for deductions and credits on your tax return. In some cases, you may need to update your W-4 form as well. PriorTax will keep you up to date on what to do when these life changes occur. You won’t be left in the dark.

Check back here for answers to your questions about how these changes affect your taxes.

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Aug 29, 2024

Did You Get Married this Summer or Plan to Marry This Year?

Upon entering matrimony or marriage, your tax circumstances transform. The tax filing options available for the whole year are contingent upon your marital status on December 31

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Aug 22, 2024

I Got an IRS Tax Levy, Which is Causing Me Financial Problems.

When faced with an IRS Tax levy, the pressure and strain can be overwhelming, mainly if it results in substantial financial strain

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Aug 1, 2024

2025 Tax Withholding and Your W-4

explore some tips for modifying your 2025 tax withholding

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Jul 25, 2024

Good for Those Working From Home in 2025

With the anticipation of the expiration of the Tax Cuts and Jobs Act (TCJA), an important change may affect workers who spend part of their workweek at home

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Jul 11, 2024

How to Tax Deduct My Property Taxes in 2025?

The amount of property tax owed is determined by the specific regulations set by the local authorities in the area where the property is situated. Having a clear grasp