OvernightBlog
Articles
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Year-End RMD Reminders and Recent Changes
Stay informed about year-end RMD deadlines and the latest changes from the SECURE 2.0 Act. Learn key updates for 2024, including new Roth account rules and how to avoid penalties. Plan smarter for your retirement!
Published: 12/17/2024
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Update! Beneficial Ownership Interest Reporting - BLOCKED NATIONWIDE
A Texas federal court has preliminarily blocked the Beneficial Ownership Reporting requirement nationwide, a key provision of the Corporate Transparency Act, in a lawsuit filed by a family-run business and the Libertarian Party of Mississippi.
Published: 12/11/2024
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Updated for 2024! Business Deductions - Seven Tax-Cut Tricks
Boost your business profits and cut taxes with these 7 tax-cut tricks, from Section 179 deductions to hiring your kids, and make the most of the 2024 tax season!
Published: 12/11/2024 - Edited: 12/16/2024
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Beneficial Ownership Interest Reporting: What?… Why?… Wait… What?!
As one learns more about BOI reporting, they are more likely to shake their head and ask, “What? …Why? ...Wait, What!?”
Published: 11/26/2024
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Two Wealth-Building Tax-Cut Strategies for Kids and Grandkids
One of the easiest ways to create generational wealth and avoid taxation is to invest in a child’s education and future. Here's why and how you can do it!
Published: 12/18/2023
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WV’s New Property Tax Credit/Rebate
TL;DR Do NOT Pay the Second Half of Your 2023 West Virginia Personal Property Tax Bill Until Early 2024
Published: 07/28/2023
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Three Retirement Strategies: Which is the Best?
A review of the tax implications of three popular retirement-saving options.
Published: 06/02/2023 - Edited: 07/22/2025
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April 15th: Media Hype & The Audit Myth
Learn how the media has utilized the tax "deadline" as an eyeball-catching, fear-arousing, space & time-filling, ad-selling tool.
Published: 04/17/2023
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Why is April 15th the Extension-Filing Deadline?
A brief history of Form 1040’s due date
Published: 04/06/2023
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The Necessity & Benefit of Filing a Tax Return Extension
In this article we discuss a few attributes that endear the tax filing extension to filers and professionals alike.
Published: 03/27/2023
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A Brief History of the Earned Income Tax Credit
Everything you've ever wanted to know about the EITC but were too afraid to ask!
Published: 02/22/2023
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The 1099 Headache (Confusion, Frustration & Punishment )
Everything you ever wanted to know about the importance of filing Forms 1099 and the roadblocks the IRS -places in one's way.
Published: 02/07/2023
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Energy Credits for 2022, 2023 & Beyond
An overview (and likely everything you ever wanted to know) of 2022 & 2023’s energy credits for individuals and families.
Published: 12/12/2022 - Edited: 12/27/2022
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Notable Tax Changes for 2022
The list of significant tax changes impacting your 2022 tax return, especially compared to 2021
Published: 11/30/2022
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How Congress is Killing the Tax Profession
Growing complexity, the changing purpose of Form 1040, the tax practitioner’s role in fraud avoidance, and America’s evolving financial landscape have made the April 15th tax deadline obsolete.
Published: 08/10/2022 - Edited: 11/01/2024
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2022 Notable Individual Tax Changes
Our job is to inform you of tax changes that may impact your financial picture. To this end, We’ve compiled a brief list of changes that may affect your 2022 taxes.
Published: 07/25/2022
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How Long Can the IRS Collect Back Taxes?
In this article, I’ll discuss the statutory collection window and how to use it to your advantage when negotiating with the IRS.
Published: 07/25/2022 - Edited: 01/14/2025
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Coping with April 15th Stress Disorder
In this article, I will discuss the symptoms and prevalence of April 15th Stress Disorder and how it endangers the tax profession when expertise is most needed.
Published: 07/07/2022 - Edited: 04/03/2023
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Owe the IRS Money? The IRS Charges Interest – What You Need to Know
If you cannot pay your taxes when they are due, penalties start to accumulate. But that’s not where the snowball stops. Learn more about IRS Interest.
Published: 05/04/2022
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The Earned Income Tax Credit - History & 2021 Changes
This article will focus on changes to the Earned Income Tax Credit.
Published: 01/11/2022
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