Resources

Tax & Business Insights

Practical tax, bookkeeping, payroll, and small business guidance from the SK Financial team.

Child Tax Credit 2025-2026: Eligible Criteria and Expect Tax Refund
Tax Credits & Deductions

Child Tax Credit 2025-2026: Eligible Criteria and Expect Tax Refund

Learn the Child Tax Credit. families can get up to $2,000 per qualifying child. If your credit is larger than your tax bill, you may still get a refund of up to $1,700 per child.

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What is Comprehensive Financial Planning: What are its benefits?
Business Finance

What is Comprehensive Financial Planning: What are its benefits?

Explore the benefits of comprehensive financial planning. comprehensive financial planning is to set goals, evaluate your financial situation, and prepare for the future

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Earned Income Tax Credit 2025-2026: Who qualifies for EITC?
Tax Credits & Deductions

Earned Income Tax Credit 2025-2026: Who qualifies for EITC?

The Earned Income Tax Credit (EITC) is a refundable benefit for low- to middle-income workers. For 2025-2026, credit amounts vary by income, filing status, and dependents.

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Federal Income tax brackets for tax years 2025-2026
Tax Preparation

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
Tax Preparation

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?
Tax Preparation

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 1065: Partnership Income Tax Return : Who Needs to File?
Business Compliance

Form 1065: Partnership Income Tax Return : Who Needs to File?

Form 1065 reports the partnership’s income, deductions, credits, assets, and liabilities. The IRS uses it to match each partner’s Schedule K-1 to their personal return

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Form 1099-NEC: What things you need to know about the Form 1099-NEC
Tax Preparation

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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IRS Form 8829 : A Complete Guide to Expensing Your Home Office
Tax Preparation

IRS Form 8829 : A Complete Guide to Expensing Your Home Office

Form 8829 is the official IRS document that helps you calculate how much of your home expenses can be deducted for business. When you fill it out, the total deduction moves to Schedule C

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IRS Form 8938: Who Needs to File It?
Tax Preparation

IRS Form 8938: Who Needs to File It?

U.S. citizens, resident aliens, and certain non-resident aliens with foreign financial assets over $50K (end of year) or $75K must file IRS Form 8938.

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Form G-1145: Here's everything you need to know
Tax Preparation

Form G-1145: Here's everything you need to know

Form G-1145 is used to send an electronic notification to United States citizens when their immigration applications are accepted by immigration services.

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What is Gross Income? The formula and how to calculate it
Tax Preparation

What is Gross Income? The formula and how to calculate it

Gross income is the total amount of money you earn before any deductions such as taxes, retirement contributions, or insurance premiums.

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