Tax Prep Archives - Solution 8020

Capital Gains Tax Rate 2025: What You Need to Know (Before It Hurts)

Let’s talk about capital gains tax rates for 2025. I know, I know… tax talk can be about as exciting as watching paint dry. But stick with me because this one matters. If you own stocks, real estate, or any investment that could make you money, this is for you. First, What Are Capital Gains? […]

Truth About Deducting Tax Prep Fees - Solution 8020

Did You Just Pay to Pay Taxes? Here’s the Truth About Deducting Tax Prep Fees

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So, you just paid someone to prepare your taxes (or maybe you’re about to), and now you’re wondering: Can I deduct this on my taxes? After all, it’s a business expense… right? Great question. And the answer? It depends. But don’t worry, I’ll keep it simple. The Bad News First If you’re filing your personal

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