TaxZilla and Financial Services

12/11/2025

📢 Child Tax Credit Update for This Year

The Child Tax Credit has increased — the maximum credit is now $2,200 per qualifying child, which is $200 more than last year.

If you have kids under 17, this change could mean a bigger refund when you file.

Want to check how much you might qualify for?
Comment “CTC” and I’ll help you.

11/18/2025

Tax Tip ✨

The PATRIOT Act Isn’t Just About Security It’s About Your Taxes Too!

The PATRIOT Act helps the government spot financial crime, including tax fraud. That means the IRS is paying close attention to anything that looks suspicious.

Applying credits to your refund that you don’t qualify for is cool until you get hit with penaties and fines because it’s for sure coming, so do it right the first time.

IT’S NOT WORTH THE RISK

Keep your tax return accurate and honest it’s the best way to protect yourself and your future.

10/31/2025

🎃👻 Happy Halloween! 👻🎃

Trick-or-treating is all about collecting goodies and making memories, so remember to keep those little ghouls and goblins safe out there tonight!

10/14/2025

🚨 Tax Tip!

Even if you only got a quote from the Health Insurance Marketplace and never actually enrolled, they may have still pushed your application through!

That means you could receive a 1095-A form and you’ll need it to file your taxes correctly.

✅ Be on the lookout for that document in your mail or online account.

10/07/2025

If you got a raise, had a baby, or changed jobs this year, your paycheck might not be withholding enough taxes. Take a Quick Look at your W-4 to make sure enough taxes are being taken out!

10/04/2025

🚨 Heads up! Starting next year, paper checks will no longer be an option for tax refunds. That means you’ll need a bank account or prepaid card to receive your money.

Don’t wait until tax season get your account set up now so your refund hits fast with no issues 💸

10/02/2025

💡 Roth IRA vs. 401(k): How They Can Help Your Taxes!

When it comes to saving for retirement, these two options don’t just grow your money, they can also help with your taxes:

✅ 401(k): Contributions are made before taxes. This lowers your taxable income now (which can mean a smaller tax bill today). You’ll pay taxes later when you withdraw the money in retirement.

✅ Roth IRA: Contributions are made after taxes. You don’t get a break today, but the big win is in the future – your withdrawals (including all that growth!) are tax-free in retirement.

✨ Think of it like this:
👉🏽 401(k) = Tax savings now, pay later.
👉🏽Roth IRA = Pay taxes now, tax-free later.

💭 Would you rather get a tax break today or enjoy tax-free withdrawals later?

09/12/2025

Planning to Buy a Home Soon?🏡

If homeownership is in your near future, it’s crucial to ensure your taxes are done correctly! Lenders will closely review your tax returns as part of the mortgage approval process, and any errors or discrepancies could delay or jeopardize your dream of owning a home.

Here’s why accurate tax filing matters:

Income Verification: Lenders use your tax returns to verify your income.

Debt-to-Income Ratio: Accurate tax information helps calculate your DTI, a key factor in loan approval.

-Tax Deductions: Ensure you’re taking the right deductions to reflect your true financial situation.

💡 if you’re looking to buy a house within the next 6 months and your credit is not in order DM me now to start your credit repair journey!

09/11/2025

📢 Attention Taxpayers!

Here’s an important update you should know:

Starting next year, the IRS has made it easier to view the documents that have been reported under your name. When you log in to your account at IRS.gov, you can now access the tax forms that employers and companies have submitted on your behalf.

👉 Beginning after January 31st, you’ll be able to download key documents such as W-2s and 1099s directly from your IRS account.

That means side hustle income from DoorDash, Uber, or other gigs will already be visible to the IRS. It’s important to make sure all of your income is properly reported to avoid unexpected tax notices later.

💡 Pro Tip:
✔️ Check your IRS account early
✔️ Confirm all your income is listed correctly
✔️ Prevent surprise IRS letters claiming additional taxes owed

Staying informed is the best way to stay compliant and stress-free during tax season. Check it. Know it. Report it correctly. ✅

And of course, if you need help understanding your documents or filing your return, I’m here to assist you every step of the way.

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.

08/22/2025

Tax Tip Thursday 💡

Did you know that even small purchases for your side hustle can add up to BIG deductions? ✨

📌 If you use your phone for business, a portion of your phone bill may be deductible.
📌 Bought office supplies, software, or even marketing materials? Save those receipts, they could lower your taxable income!

👉 The key is keeping good records. A simple folder (digital or paper) can make tax time stress-free and help you maximize your refund.

Don’t leave money on the table—every little deduction counts!

08/02/2025

💡 Tax Tip: Deduct That Side Hustle Space!

If you have a side hustle doing hair, baking, creating content, or running a small business from home, you might be able to write off a portion of your rent, internet, utilities, and more through the home office deduction.

🛑 But here’s what most people miss:

You don’t need a whole room. Even a small corner or dedicated desk that’s used only for business can qualify.

✅ To qualify:
👉🏽It must be used regularly and exclusively for your business.
👉🏽You must be self-employed (this doesn’t apply to W-2 employees).

📉 This deduction can lower your taxable income, which means more money in your pocket and most people overlook it!

07/30/2025

The IRS allows people to claim exempt on their W-4 form to prevent excessive tax withholding when they expect to owe little to no federal income tax for the year. Here’s why this option exists:

1. Low or No Tax Liability – If a taxpayer had no federal tax liability in the previous year and expects the same for the current year, they can claim exempt to avoid unnecessary withholding.

2. Prevent Over-Withholding – The IRS doesn't want people to overpay taxes throughout the year just to get a large refund later.

3. Cash Flow Flexibility – Some people prefer to have more take-home pay during the year instead of waiting for a refund.

🗣️ However, claiming exempt incorrectly can lead to penalties and unexpected tax bills. The IRS monitors this and may require individuals to justify their exempt status if it appears questionable.