Introduction for independent adult-industry workers: This piece reviews the IRS’s Federal Scholarship Tax Credit process and state participation steps as described by federal guidance. It is provided for educational purposes and does not constitute tax advice. Election to participate in the Federal Scholarship Tax Credit Beginning Jan. 1, 2027, individual taxpayers may be able to […]
Author: SW Tax Guy
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Welcome to the refreshed SWT website
Greetings, our refreshed SWT website is here! Explore the new design, income and expense workbook, tax resources, and secure portal guidance. SWT serves clients in all 50 states. Visit the website to see what’s new.
Get ready for tax preparation with SWT: gather your previous year’s filed return, valid photo ID, income and expense records, and use your secure portal for documents.
Cybersecurity basics for taxpayers and small businesses Independent adult-industry workers and small business owners can use practical cybersecurity habits to protect client information, tax records, and online accounts. Here are the IRS reminders to help keep your information secure. Simple cybersecurity habits can help taxpayers and organizations stay safer online IR-2026-119 Oct. 2, 2026 WASHINGTON […]
The new IRS app replaces IRS2Go and adds selected account services. Read the launch announcement, available features, and official-download precautions.
Learn what the new IRS app can do, how existing IRS2Go users get it, and how to find official download links while avoiding scams.
Learn who may qualify for IRS Automatic Exemption from Penalty, the First Time Abate transition, and why tax and interest may still be due.
For 2026 payments, the general federal 1099-NEC threshold increases to $2,000. Learn what changes for contractor payments, why income remains taxable, and which exceptions still apply.