Mary M. Hudgens, PLLC

If you're anticipating a tax refund this year but end up owing money instead, here are some of the likely reasons.

Here's a simple idea to avoid late payment penalties if you miss a quarterly estimated tax payment (form 1040 ES).

Here is what you need to know about the late-breaking, end-of-year change for 1099-K reporting for the 2022 tax year.

Tax credits are valuable tools to help cut your tax bill, but figuring out how to use these credits on your tax return can be complicated.

Are your forgiven debts considered taxable income? Learn about the most common debt cancellation situations.

Cryptocurrency often flew under the radar as digital assets started going mainstream, but the IRS is now paying much closer attention.

There are 9 states with no individual state income tax. Learn what other taxes these states collect in lieu of taxing income.

All virtual currency transactions can have tax implications. Be prepared for some of the unforeseen tax consequences of cryptocurrency.

The Social Security Administration announced their 2021 Cost-of-Living Adjustment (COLA) changes. Here is what you need to know.

While details are still being decided, those who received unemployment benefits in 2020 are in for a welcome surprise.