<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Tax questions answered | Prem Tax and Accounting</title><link>https://smalltax.com/tax-questions/</link><atom:link href="https://smalltax.com/tax-questions/feed.xml" rel="self" type="application/rss+xml"/><description>Short, sourced answers to common tax questions from a CPA firm in Aurora, Illinois.</description><language>en-us</language><lastBuildDate>Sat, 24 Oct 2026 12:00:00 +0000</lastBuildDate><item><title>Where is my refund?</title><link>https://smalltax.com/tax-questions/where-is-my-refund/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/where-is-my-refund/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Refunds</category><description>Check a federal refund with the IRS tool and an Illinois refund with the state tool. What you need, what the three stages mean, and when it is time to call.</description></item><item><title>Why is my refund different this year?</title><link>https://smalltax.com/tax-questions/why-is-my-refund-different-this-year/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/why-is-my-refund-different-this-year/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Refunds</category><description>A refund can change for ordinary reasons: an IRS correction, an offset for a debt, a credit review, new withholding or 2025 law changes. How to tell which.</description></item><item><title>How long does a tax refund take?</title><link>https://smalltax.com/tax-questions/how-long-does-a-tax-refund-take/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/how-long-does-a-tax-refund-take/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Refunds</category><description>The IRS says most e-filed returns with direct deposit are refunded in under 21 days. Paper, amended and reviewed returns take longer. Timing by return type.</description></item><item><title>When are taxes due?</title><link>https://smalltax.com/tax-questions/when-are-taxes-due/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/when-are-taxes-due/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Deadlines</category><description>Federal and Illinois due dates for 2025 and 2026 returns, estimated tax and common forms. The 2027 dates are our own math until IRS publishes its calendar.</description></item><item><title>How do I file a tax extension?</title><link>https://smalltax.com/tax-questions/how-to-file-a-tax-extension/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/how-to-file-a-tax-extension/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Deadlines</category><description>Pay online and mark it as an extension, e-file Form 4868, or mail it by the due date. You get six more months to file, not to pay. Steps, penalties, Illinois.</description></item><item><title>When does tax season start?</title><link>https://smalltax.com/tax-questions/when-does-tax-season-start/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/when-does-tax-season-start/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Deadlines</category><description>The 2026 filing season opened January 26, 2026. The 2027 date is not announced as of October 2026. Recent opening dates, free filing options, how to prepare.</description></item><item><title>How much do you have to make to file taxes?</title><link>https://smalltax.com/tax-questions/how-much-do-you-have-to-make-to-file-taxes/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/how-much-do-you-have-to-make-to-file-taxes/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Filing</category><description>Filing thresholds for tax year 2025 by filing status and age, when you must file at any income, and why filing can pay off. Includes dependents and Illinois.</description></item><item><title>How do I calculate adjusted gross income (AGI)?</title><link>https://smalltax.com/tax-questions/how-to-calculate-adjusted-gross-income-agi/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/how-to-calculate-adjusted-gross-income-agi/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Income</category><description>AGI is total income minus adjustments like student loan interest, HSA and half of self-employment tax. Steps for 2025, an invented example, last year's AGI.</description></item><item><title>Should I itemize or take the standard deduction?</title><link>https://smalltax.com/tax-questions/should-i-itemize-or-take-the-standard-deduction/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/should-i-itemize-or-take-the-standard-deduction/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Deductions</category><description>Take the larger of the two. Standard deduction amounts for 2025 and 2026, what goes on Schedule A, the SALT cap, an invented example, a new 2026 charity rule.</description></item><item><title>Who gets the new $6,000 senior tax break?</title><link>https://smalltax.com/tax-questions/who-gets-the-new-6000-senior-tax-break/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/who-gets-the-new-6000-senior-tax-break/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Deductions</category><description>A deduction of up to $6,000 per person aged 65 or older, for 2025 to 2028, phased out at higher incomes. Who qualifies, how it works, and common mix-ups.</description></item><item><title>What is the 1099-K threshold?</title><link>https://smalltax.com/tax-questions/what-is-the-1099-k-threshold/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/what-is-the-1099-k-threshold/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Income</category><description>Payment apps and marketplaces file Form 1099-K only above $20,000 and 200 transactions. The 2025 law reversed the $600 rule. How to report income either way.</description></item><item><title>How are crypto and digital assets taxed (Form 1099-DA)?</title><link>https://smalltax.com/tax-questions/how-are-crypto-and-digital-assets-taxed/</link><guid isPermaLink="true">https://smalltax.com/tax-questions/how-are-crypto-and-digital-assets-taxed/</guid><pubDate>Sat, 24 Oct 2026 12:00:00 +0000</pubDate><category>Income</category><description>Digital assets are property: sales and swaps create gains or losses, while staking and pay are income. What Form 1099-DA reports and what to keep for taxes.</description></item></channel></rss>