Do I need to report child support payments on my tax return?

By |2025-07-14T11:05:51-05:00June 27th, 2025|Categories: Transportation|Tags: , , |

Great question, and one that trips up a lot of people. Let’s break it down. If you’re making child support payments, those payments are not tax-deductible. The IRS considers child support a personal expense. So, even if you pay a significant amount each month, you won’t be able to claim any of it on your tax [...]

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What Happens If You Don’t Pay Your Quarterly Estimated Payments

By |2025-07-14T10:58:35-05:00June 27th, 2025|Categories: Transportation|Tags: , |

If you own a business, managing taxes can be difficult. The 2025 deadlines for 1st and 2nd quarter were April 15, 2025 and June 16, 2025. Now that we’ve passed those estimate deadlines, you may be thinking, “I haven’t paid anything for 1st or 2nd quarter” or, “I think I made a 1st quarter payment, but [...]

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