Ojimmy Tax Solutions

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NEW TAX LAWS IN 2025: WHAT SMALL BUSINESS OWNERS NEED TO KNOW

As the calendar turns to 2025, small business owners are faced with a new wave of tax law changes that could significantly impact how they file, deduct, and plan financially. Whether you’re a...

JOINT FILING: THE TAX BENEFITS OF MARRIAGE

Lower tax rates, double deductions, and generous tax credits. Tax season is often met with a mixture of anticipation and trepidation. But what if we told you that there’s a financial silver...

ROTH IRA TAXATION: EXPLORING TAX BENEFITS AND WITHDRAWAL RULES

Unlocking the Tax Advantages of Roth IRAs When it comes to retirement savings, understanding the tax implications of your investment choices is crucial. A Roth IRA offers unique tax benefits that can...

COMMON REASONS FOR NOT RECEIVING A TAX REFUND

Is your tax refund playing hide and seek? Receiving a tax refund can be a financial boost, but what if you find yourself in a situation where you didn’t get a refund this year? Understanding the...

TAXATION OF RENTAL INCOME

FAQs and Tax Implications for Property Owners Are you a property owner wondering about the tax implications of rental income? Whether you’re a seasoned landlord or just starting your journey in...

GROSS INCOME VS. ADJUSTED INCOME

Dive in with us to understand these terms better and make smarter financial decisions! Income is the cornerstone of our financial lives, but not all income is created equal. For anyone navigating the...

HOW PAYING FOR STUDENT LOANS AFFECTS YOUR TAXES & WHEN TO EXPECT YOUR 1098-E FORM

Student loans can be a financial burden, but they also come with some tax benefits that can help ease the pain. If you’ve made payments on your student loans, you may be eligible for deductions...

5 COMMON MISTAKES THAT WILL GET YOU AUDITED

TAX season can be a daunting time, but having the proper knowledge can make the process easier. The Internal Revenue Service (IRS) will officially begin accepting and processing 2023 tax...

HEAD OF HOUSEHOLD STATUS

Are you single with a child, that you support for more than half the year? You may qualify* to lower the amount of taxes you owe. Filing your taxes as Head of Household (HOH) can be a powerful way to...
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