DeafTax.com
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ASL communication friendly! Tax planning & preparation services for the U.S Deaf Community. Our services are accessible through Video-Phone, IM, Email, and in-person appointments. All our tax preparers are experienced professionals and communicate in ASL with over 50 years combined experience!
05/28/2026
New change for 1099-Misc and 1099-NEC minimum amount to report.
In the past, 1099-Misc and 1099-NEC were required to make if paid someone over $600 for nonemployee contractor, rent, award, misc income, and certain business transactions.
Starting this year, the minimum is now $2,000 and is indexed for inflation starting next year 2027.
What that means?!
Check this ASL video to learn more about the BIG new change for 1099-Misc and 1099-NEC reporting.
Source: https://www.irs.gov/publications/p1099 under "What's New"
Publication 1099 (2026), General Instructions for Certain Information Returns | Internal Revenue Service A lock () or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.
DeafTax kept getting clients who did not understand the taxes on IRA withdrawals.
This is a repost of video we made in 2024.
This is a VERY IMPORTANT video to watch before you touch your IRA!!!!!!
Your financial advisors may not always give correct tax advice.
A doctor can not tell you how to fix your car. 👩🔬
Only mechanic knows how to fix your car. 🏎️
Please understand how taxes work on IRA withdrawal to avoid be upset or sad because you owe taxes on not enough tax withholdings on IRA withdrawals.
PLEASE PLEASE contact us first before touching your IRA to know how much taxes to pay!!! 😩😳😨😱🥶🫨
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1775 Tysons Boulevard FL 5
McLean, VA
22102
Opening Hours
| Monday | 10am - 5pm |
| Tuesday | 10am - 5pm |
| Wednesday | 10am - 5pm |
| Thursday | 10am - 5pm |
| Friday | 10am - 5pm |
| Saturday | 10am - 5pm |
| Sunday | 10am - 5pm |
