Category:

News Archives | Hinton Burdick

Tips for Taxpayers Who Make Money From a Hobby

February 3, 2020

By: HintonBurdick

Many people enjoy hobbies that are also a source of income. From soap making and pottery to calligraphy and designing jewelry, these activities can be sources of both fun and finances. However, taxpayers who make money from a hobby should know that the …

Continue Reading


Figuring out Your Correct Filing Status

February 3, 2020

By: HintonBurdick

Your filing status determines which tax forms you need to file, the amount of your standard deduction, eligibility for certain tax credits, and how much tax you owe. In some cases, it may even impact whether you need to file a federal income tax return …

Continue Reading


Student Loans: Cancellation of Debt Relief

February 3, 2020

By: HintonBurdick

Taxpayers who took out federal or private student loans to finance their attendance at a nonprofit or for-profit school now qualify for safe harbor with regard to cancellation of debt income for discharged student loans. Relief is also extended to any …

Continue Reading


Six Facts About Form 1040-SR

February 3, 2020

By: HintonBurdick

Taxpayers aged 65 or older now have the option to use Form 1040-SR, U.S. Tax Return for Seniors, thanks to the Bipartisan Budget Act of 2018, which required the IRS to create a new tax form for seniors. Here are six facts you should know: 1. Form 1040- …

Continue Reading


Do You Need to File a 2019 Tax Return?

February 3, 2020

By: HintonBurdick

Most people file a tax return because they have to, but even if you don’t, there are times when you should – because you might be eligible for a tax refund and not know it. The tax tips below should help you determine whether you’re one of them. Genera …

Continue Reading


Claiming an Elderly Parent or Relative as a Dependent

February 3, 2020

By: HintonBurdick

Are you taking care of an elderly parent or relative? Whether it’s driving to doctor appointments, paying for nursing home care or medical expenses, or handling their personal finances, dealing with an elderly parent or relative can be emotionally and …

Continue Reading


We're here to help.

Whether you have a question, want to connect with one of our professionals, or you're ready to get started, we're here for you. Send us a message to get started!

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team!

You have Successfully Subscribed!