Can I Deduct HOA Fees?

Can I Deduct HOA Fees?

Can I Deduct HOA Fees?Lisa Marie Brugman, EA
Published on: 01/06/2026

HOA fees can be a significant part of homeownership costs, but are they tax deductible? It depends on how you use the property. Learn when HOA fees may be deductible for home offices, rental properties, and other qualifying situations

OtherDeductions
Missed a quarterly estimated payment

Missed a quarterly estimated payment

Missed a quarterly estimated paymentLisa Marie Brugman, EA
Published on: 01/04/2026

Missed a quarterly estimated tax payment? It’s not the end of the world—but it can lead to penalties and interest. This guide explains what happens, how the IRS calculates penalties, and what you can do to catch up and minimize the damage.

Estimated Taxes
Can I deduct IRA contributions on my taxes?

Can I deduct IRA contributions on my taxes?

Can I deduct IRA contributions on my taxes? Lisa Marie Brugman, EA
Published on: 23/03/2026

IRA rules don’t have to be confusing. This guide breaks down contribution limits, income phase-outs, and deduction rules so you can understand what you qualify for—and choose the right strategy to maximize your retirement savings.

TaxesDeductions
Does my child have to file a tax return?

Does my child have to file a tax return?

Does my child have to file a tax return?Lisa Marie Brugman, EA
Published on: 17/03/2026

Does your child need to file a tax return? It depends on how much they earned and whether the income came from wages, investments, or self-employment. This guide explains the key thresholds and situations where a dependent child may need to file—and when it may still make sense to file even if it’s not required.

IncomeTaxesIRS