https://pack.tax/Tax tips, news and updates from Pack Taxhttps://pack.tax/business-of-the-year-pack-tax-press-release/https://pack.tax/business-of-the-year-pack-tax-press-release/Fri, 09 Oct 2026 17:49:21 GMTPRESS RELEASE October 9, 2026 North Ogden, UT — Pack Tax, Utah’s fastest-growing tax preparation firm, has been named the Business of the Year at the 2026 Davis Chamber of Commerce Business Awards Banquet, held Thursday, September 24, 2026 at the Davis Conference Center & Hilton Garden Inn in Layton, Utah. The annual awards banquet,…https://pack.tax/no-tax-on-tips-how-restaurant-servers-can-now-claim-up-to-25000-in-deductions/https://pack.tax/no-tax-on-tips-how-restaurant-servers-can-now-claim-up-to-25000-in-deductions/Wed, 24 Dec 2025 16:23:53 GMTBy The PackTax Team If you’re a restaurant server hustling through double shifts, chasing that end-of-night tip jar, you’ve probably wondered how much Uncle Sam takes from your hard-earned gratuities. Good news: The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, changes the game with its “No Tax on Tips”…https://pack.tax/packtax-and-turbotax-why-pay-185-when-turbotax-is-free/https://pack.tax/packtax-and-turbotax-why-pay-185-when-turbotax-is-free/Thu, 18 Dec 2025 00:00:46 GMTBy The PackTax Team You’ve seen the ads: TurboTax Free Edition — file your simple 1040 for $0. It’s tempting. But then there’s PackTax, where the average 1040 costs $185 — all in, with a real human CPA or EA reviewing every line. So… why pay $185 when TurboTax is free? Let’s cut through the…https://pack.tax/dependents-and-taxes/https://pack.tax/dependents-and-taxes/Wed, 02 Jul 2025 16:16:04 GMThttps://pack.tax/claiming-your-kids-on-taxes/https://pack.tax/claiming-your-kids-on-taxes/Wed, 02 Jul 2025 16:09:24 GMTBy: Taylor Miller It’s one of those things that seems straightforward… until it’s not. So let’s walk through some of the basics you should be aware of. Let’s start with a few ground rules: The child must be a U.S. citizen (or meet certain residency requirements). A child can only be claimed on one tax…https://pack.tax/independent-contractor-how-to-track-those-expenses-2/https://pack.tax/independent-contractor-how-to-track-those-expenses-2/Fri, 27 Jun 2025 16:24:08 GMThttps://pack.tax/independent-contractor-how-to-track-those-expenses/https://pack.tax/independent-contractor-how-to-track-those-expenses/Fri, 27 Jun 2025 16:18:01 GMTBy Lauren Gines Do you work for a company, but you’re contracted out? Do you receive at 1099? There are a couple of different types of tax documents you could receive from your employer. The first is a W2, which you get if you’re an “official employee.” If you’re an independent contractor or something…https://pack.tax/local-tax-firm-wins-best-of-state-for-the-2nd-time-in-3-years/https://pack.tax/local-tax-firm-wins-best-of-state-for-the-2nd-time-in-3-years/Wed, 18 Jun 2025 19:48:00 GMTPRESS RELEASE June 10, 2025 North Ogden, UT- Pack Tax began seven years ago out of necessity. Kristy Pack had just had her third baby and the tax firm she worked for no longer offered the flexibility she needed for her growing family. She ventured out on her own with a mission: make tax prep…https://pack.tax/tax-credits-vs-tax-deductions-2/https://pack.tax/tax-credits-vs-tax-deductions-2/Tue, 17 Jun 2025 18:18:10 GMThttps://pack.tax/tax-credits-vs-tax-deductions/https://pack.tax/tax-credits-vs-tax-deductions/Tue, 17 Jun 2025 18:11:01 GMTBy: Chase Howard Tax Deductions vs. Tax Credits Today we’re diving into something that could literally save you thousands of dollars—yep, we’re talking taxes. More specifically, tax deductions vs. tax credits—two terms you’ve probably heard tossed around a lot, but maybe not fully understood. Don’t worry, you’re not alone. A lot of people confuse the…https://pack.tax/understanding-education-tax-credits-2/https://pack.tax/understanding-education-tax-credits-2/Tue, 10 Jun 2025 20:59:42 GMThttps://pack.tax/understanding-education-tax-credits/https://pack.tax/understanding-education-tax-credits/Tue, 10 Jun 2025 20:52:16 GMTBy: Justin Parkinson When it comes to education tax benefits, there are three main tools at your disposal: Non-refundable tax credits: These reduce the amount of tax you owe. If your tax bill is lower than the credit, you won’t get the difference refunded. Refundable tax credits: These can actually give you money back, even…https://pack.tax/retirement-taxes-iras-401ks/https://pack.tax/retirement-taxes-iras-401ks/Mon, 09 Jun 2025 15:47:01 GMThttps://pack.tax/tax-deadlines-and-payment-plans/https://pack.tax/tax-deadlines-and-payment-plans/Mon, 02 Jun 2025 18:37:17 GMThttps://pack.tax/tax-deadlines/https://pack.tax/tax-deadlines/Mon, 02 Jun 2025 18:28:52 GMTBy: Lauren Gines Tax season can be… a lot. So let’s break it down—one deadline at a time. If you’re running a business and you don’t file your taxes on your personal return, this one’s for you. We’re talking about partnerships (which file a 1065) and S Corporations (which file an 1120-S). The big date…https://pack.tax/retirement-and-taxes-2/https://pack.tax/retirement-and-taxes-2/Thu, 29 May 2025 19:29:06 GMThttps://pack.tax/retirement-and-taxes/https://pack.tax/retirement-and-taxes/Thu, 29 May 2025 18:48:56 GMTTaylor Miller Two Ways to Save A 401(k) is a retirement plan that allows you to take money from your paycheck and save it before it’s taxed—or, if you prefer, after it’s taxed. When you contribute pre-tax, the money goes into your 401(k) without being taxed. Then, when you retire and take that money out,…https://pack.tax/common-tax-questions-answered/https://pack.tax/common-tax-questions-answered/Wed, 28 May 2025 22:00:31 GMThttps://pack.tax/can-i-deduct-that/https://pack.tax/can-i-deduct-that/Wed, 28 May 2025 21:10:03 GMTBy Diamond Womack “Can I deduct my student loan interest?” This is a question we get all the time. And the short answer is: yes—but it depends on your income. If you’re single (or a single mom, or just filing solo), the student loan interest deduction starts phasing out at $80,000 of income. For married…https://pack.tax/why-do-i-owe-taxes-while-everyone-else-gets-a-refund-lets-break-it-down/https://pack.tax/why-do-i-owe-taxes-while-everyone-else-gets-a-refund-lets-break-it-down/Wed, 21 May 2025 23:04:02 GMTBy Devin Irvine Ever hear someone say, “My brother got a big refund, but I owe—why is that?” Or maybe, “I don’t even make that much, so how do I still owe money?” Yeah, we hear those questions a lot, and if you’ve asked yourself the same thing, you’re not alone. So let’s dive into…https://pack.tax/tax-refunds-and-owing-what-you-need-to-know/https://pack.tax/tax-refunds-and-owing-what-you-need-to-know/Wed, 21 May 2025 22:45:41 GMThttps://pack.tax/self-employment-taxes/https://pack.tax/self-employment-taxes/Tue, 20 May 2025 17:47:30 GMThttps://pack.tax/understanding-tax-brackets-2/https://pack.tax/understanding-tax-brackets-2/Tue, 20 May 2025 17:46:32 GMThttps://pack.tax/itemized-deductions/https://pack.tax/itemized-deductions/Tue, 20 May 2025 17:43:48 GMThttps://pack.tax/self-employment-taxes-everything-you-need-to-know/https://pack.tax/self-employment-taxes-everything-you-need-to-know/Tue, 20 May 2025 17:23:34 GMTBy Chase Howard Whether you’re running your own business, picking up side gigs, or freelancing on the weekends, self-employment can bring a lot of freedom—but also a lot of tax questions. So let’s break it all down in a way that’s easy to understand. What Is Self-Employment? The IRS defines self-employment as any income you…https://pack.tax/understanding-tax-brackets/https://pack.tax/understanding-tax-brackets/Mon, 12 May 2025 17:36:35 GMTBy: Katie Malan How do Tax Brackets Work? Tax brackets are hugely misunderstood. Most people don’t have a full understanding of how tax brackets work. Today, we’re going to map out tax brackets and give you some examples to help you understand them. First, what is a tax bracket? The brackets are simply that.…https://pack.tax/understanding-itemized-deductions/https://pack.tax/understanding-itemized-deductions/Fri, 09 May 2025 20:58:52 GMTWhat they are and why they matter. Today, I want to walk you through itemized deductions—what they are, when they apply, and how they can help reduce your tax bill. When we file our taxes, we start with all our income—W-2s, 1099s, self-employment income, rental income, and more. We subtract the adjustments the IRS allows…https://pack.tax/episode-15-highlight-reel/https://pack.tax/episode-15-highlight-reel/Tue, 11 Mar 2025 22:18:06 GMThttps://pack.tax/episode-14-being-curious-and-loving-people/https://pack.tax/episode-14-being-curious-and-loving-people/Tue, 11 Mar 2025 22:16:51 GMThttps://pack.tax/episode-13-not-compromising-your-integrity/https://pack.tax/episode-13-not-compromising-your-integrity/Tue, 11 Mar 2025 22:15:11 GMT