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Want to be prepared for tax time? Get this tax checklist to help ensure you stay organized during that stressful time!

Want to be prepared for tax time? Get this tax checklist to help ensure you stay organized during that stressful time!

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Keep an eye on your mail if you qualified for, but did NOT claim, the Recovery Rebate Credit on your 2021 tax return. 📬⁠ ⁠ The Recovery Rebate Credit is a refundable credit that you may qualify for if you didn't receive one (or more) of your stimulu Let's address this common misconception when it comes to home office write-offs:⁠ ⁠ If you have a qualifying home office in a home that you own, the business-use portion of your mortgage interest payments is deductible.⁠ ⁠ However, the principal paym 🚨HEADS UP - the standard deduction has gone UP for 2025! 🚨⁠ ⁠ Swipe to find out how much you'll automatically be able to deduct.⁠ ⁠ Don't forget to follow @thrashercpa to stay up-to-date on the latest tax changes!⁠ ⁠ #TaxPlanning #PersonalBudgeting January 31st is a double-whammy deadline! 💥⁠ ⁠ Here's what you can do to prepare:⁠ ⁠ If you have employees, you’re responsible for filing Form W-2 and Form W-3 by January 31st. You’ll also need to make sure you send each employee a copy Will you be working from home in 2025? 🏡⁠ ⁠ There are two methods to calculate your home office deduction, and each method has its pros + cons!⁠ ⁠ Swipe to learn how to calculate your home office deduction on your own, or click the link in my bio to

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Thrasher CPA, LLC

Kansas City Business Tax and Finance Expert

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