Resources
Tax & Business Insights
Practical tax, bookkeeping, payroll, and small business guidance from the SK Financial team.
October 2026 Tax Updates: Extension Deadlines and Diesel Relief
This roundup covers the most important October 2026 tax updates, including the final deadline for extension filers, new federal relief for dyed diesel fuel, and upcoming IRS system maintenance windows.
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IRS VITA and TCE Programs Offer Free Tax Help for Florida Residents
The IRS is recruiting volunteers for its VITA and TCE programs ahead of the 2026 filing season. These initiatives provide free tax preparation for eligible groups, but complex cases often require professional CPA assistance.
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When Does No Tax on Tips Start? Detailed timeline
When does no tax on tips start? No Tax on Tips deduction applies starting with the 2025 tax year meaning the tax return most people filed in early 2026. Tips you earned in 2024 don't qualify; they're taxed under the old rules. Tips earned from January 1, 2025 onward are the first to be eligible.
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1040 Tax Form: What Is It and How Does It Work?
Form 1040 is a federal income tax form that most people use each year to report their tax information to the IRS. Learn what is a 1040 tax form, and how it works.
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Form 1099 : How It Works, Who Gets One
1099 form is an IRS information return used to report various types of non-wage income such as freelance earnings, dividends, interest, or rent. It ensures all income sources are properly reported and taxed.
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Average Cost of Tax Preparation by a CPA in the USA (2026 Update)
average cost of tax preparation by a CPA? Know the average cost of tax preparation by CPA, key pricing factors, and how to choose the right service for your budget.
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Best Tax Software in 2026
Best tax software in 2026 helps you prepare and file your taxes quickly, accurately, and affordably no CPA license required. Whether you’re self-employed, or student filing.
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Can You Claim Yourself as a Dependent? What Are the Benefits?
Can You Claim Yourself as a Dependent? who can claim, how dependent status affects your tax refund and standard deduction, and what happens if your parents claim you on their tax return.
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Federal Income tax brackets for tax years 2025-2026
Explore the federal tax brackets for 2025-2026, Knowing your tax bracket helps you plan bills, savings, and investments without surprises
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How to Find the Best CPA Near Me
How to find a tax professional or the best CPA near your location in the US. Check qualifications, experience, and client reviews for your financial needs.
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Florida Income Tax: How it Works in 2026?
Does Florida have state income tax? Learn which types of income Florida does not tax, including wages, Social Security, retirement income, and capital gains, plus other taxes Florida residents still pay.
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Form 1099-NEC: What things you need to know about the Form 1099-NEC
If your business makes total payments of $600, you must file Form 1099-NEC. This form is crucial for businesses and self-employed individuals.
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