Taxes

TaxConnex Named to the 2026 Inc. 5000 List of America’s Fastest-Growing Private Companies

We’re proud to share that TaxConnex has been named to the 2026 Inc. 5000 list, Inc.’s annual ranking of the...

Do Widows Pay Taxes on Life Insurance Payouts? 

Key Takeaways   Most widows do not pay federal income tax on life insurance payouts. Death benefits paid to a named...

What Does IRS Notice CP53E Mean? A Complete Guide for Taxpayers 

Key Takeaways   IRS Notice CP53E means the IRS could not issue your tax refund by direct deposit due to incorrect,...

Your Sales Tax Expert Left. Now What?

Employee turnover is a reality for every organization. But when the person responsible for sales tax compliance leaves, the impact...

Can You Have Multiple Payment Plans With the IRS? 

Key Takeaways  No, you generally cannot have multiple payment plans with the IRS. Most taxpayers are limited to one active installment agreement,...

SALT Deduction Changes 2026: What’s New and Who Benefits 

Key Takeaways  The SALT deduction 2026 limit increased to $40,400 under the One Big Beautiful Bill Act (OBBBA), allowing many...

Tax Relief Now: How to Get Tax Help ASAP

Key Takeaways  Tax relief includes IRS programs that help taxpayers manage or resolve tax debt, such as installment agreements, Offers...

You Received a Sales Tax Audit Notice. What now?

No business wants to receive a sales tax audit notice. Whether you've been expecting it or it comes completely out of...

Bonus Depreciation for Real Estate Explained 

Key Takeaways  Bonus depreciation for real estate allows investors to immediately deduct the cost of qualifying property components instead of depreciating them over...

State Tax Refund Seized. Now What? 

Key Takeaways   A state tax refund seized means all or part of your refund was intercepted through a refund offset...

What Businesses Need to Know Before 2027

For years, one of the biggest challenges for technology companies has been the lack of consistency in how states tax...

What are Education Credits and Deductions Every Student Should Claim? 

Key Takeaways  Education tax credits directly reduce your tax bill, while education deductions reduce your taxable income. Credits generally provide greater tax...