Resources
Tax & Business Insights
Practical tax, bookkeeping, payroll, and small business guidance from the SK Financial team.
If I Make Less Than $5,000 a Year, Do I Have to File Taxes
If I make less than $5,000 a year, do I have to file taxes? Here are the IRS filing rules, when low-income earners still need to file, and how you could claim tax refunds or credits even with very little income.
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Does Zelle report to the IRS? What Business Owners Need to Know
No, Zelle does not report transactions to the IRS and does not issue Form 1099-K even if you receive business payments through the platform.
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What are Estimated Tax Payments, and Who Must Pay It?
Estimated tax payments are quarterly payments you send to the IRS during the year to cover income that doesn’t have automatic tax withholding.
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Federal Estimated Tax Payments 2026 in the USA
If you need to pay estimated taxes in 2026? Learn who must pay federal estimated taxes in 2026, key deadlines, safe harbor rules, and how to avoid costly mistakes at tax time.
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What are Federal Income Tax Liabilities?
Not sure about your federal income tax liability or surprised by a tax bill? Learn how it’s calculated, why you may owe or get a refund, and smart ways to reduce your tax liability before filing.
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Is Health Insurance Tax Deductible?
When health insurance is tax-deductible and how IRS rules apply to you. Learn about the 7.5% AGI threshold, self-employed deductions, and ways to maximize your tax savings
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How Long to Keep Tax Records? Step-by-step guideline
How long to keep tax records? IRS generally recommends keeping tax records for three years, but in some situations you may need to hold on to them for 6 six years
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How to file a tax extension? Important tips for tax year 2026
How to file a tax extension with the IRS? Key deadlines, Form 4868, payment rules, and how to avoid penalties while getting more time to file.
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$3000 IRS Tax Refund Schedule 2025?
You're not the only one looking for the 2025 IRS tax refund schedule for $3,000. The IRS does not have an official schedule that says you will get a $3000 refund.
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Is Mileage Reimbursement Taxable?
If you follow IRS rules, mileage reimbursement is usually not taxable. Mileage reimbursement is money an employer pays an employee for using their personal vehicle for business purposes.
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If I use my Personal Phone for Work, what can I claim?
Yes, you can claim some of the cost of your phone if you’re using it for work. But that doesn’t mean you can write off your entire phone bill.
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What Qualifies You to be a Tax-Exempt Individual in the US?
Learn what qualifies you to be a tax-exempt individual, including IRS rules, income limits, tax-free income sources, and when you can claim exemption on Form W-4.
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