nataliej51

Caring for a loved one is one of the most meaningful acts a person can take on — but when payment is involved, the tax responsibilities can get complicated. The IRS recently released updated guidance explaining how taxes work when a family member is paid to provide care. These rules affect thousands of households, especially those receiving payments from insurance companies, Medicaid waiver programs, or state agencies. Here’s a clear breakdown to help families understand their...

Introduction Every tax season, thousands of people leave money on the table — not because they don’t qualify for deductions, but because they simply don’t know they exist. At JBI Tax Service, our goal is to help you file confidently, maximize your refund, and stay compliant. Here are five commonly overlooked deductions that could make a meaningful difference in your tax outcome. 1. The Home Office Deduction If you work from home — even part‑time — you may qualify for the home office...