TRM Tax Solutions

TRM Tax Solutions, is a small family oriented tax firm, providing competent tax service to the public with over 18 years of professional experience.

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A lawsuit involving a $21 million donor-advised fund is raising new questions about donor rights, charitable giving, and tax planning.

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Here are the July 2026 Individual Due Dates

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[TRM Tax Solutions @trmfinancial]

Trump Accounts launch July 4, 2026. Learn about activation, the $1,000 seed contribution, Form 4547, eligibility, and contribution rules.

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[TRM Tax Solutions @trmfinancial]

Learn how Health Savings Accounts and High-Deductible Health Plans can lower taxes, reduce healthcare costs, and help build long-term savings.

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[TRM Tax Solutions @trmfinancial]

Here are the June 2026 Individual Due Dates

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[TRM Tax Solutions @trmfinancial]

Learn the tax risks and benefits when transferring a home to a child or beneficiary, including gift tax, life estates, and capital gains issues.

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[TRM Tax Solutions @trmfinancial]

Here are the May 2026 Individual Due Dates

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Learn when medically necessary home improvements may qualify as tax deductions and how AGI limits and home value impact eligibility.

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Some disabled veterans qualify for full property tax exemptions. Here's how the programs work and what New York's new law changes.

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Sold your home early? You may still qualify for a partial tax exclusion due to job changes, health issues, or unforeseen events.

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[TRM Tax Solutions @trmfinancial]

Here are the April 2026 Individual Due Dates

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Can't pay your taxes? Learn IRS payment plans, installment agreements, and other options to manage tax debt while avoiding penalties and interest.

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[TRM Tax Solutions @trmfinancial]

Here are the March 2026 Individual Due Dates

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[TRM Tax Solutions @trmfinancial]

The IRS issued proposed regulations outlining eligibility for deducting interest on loans for qualified passenger vehicles used personally.

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Learn how to spot ghost tax preparers, avoid refund scams, understand PTIN rules, and protect yourself from penalties when filing your 2025 return.

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[TRM Tax Solutions @trmfinancial]

With so many people moving for tax reasons, it is easy to miss the full picture. Here is a tax conversation every family should have.

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[TRM Tax Solutions @trmfinancial]

Scholarships and grants support student-athletes, while NIL income and direct college payments have different tax rules.

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[TRM Tax Solutions @trmfinancial]

Understand the tax and financial impacts of drug and alcohol addiction, including medical deductions, employment issues, benefits, and charitable contributions.

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[TRM Tax Solutions @trmfinancial]

Here are the February 2026 Individual Due Dates

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[TRM Tax Solutions @trmfinancial]

Please take a look at Newark based TRM Tax Solutions latest blog post covering the employee retention credit via

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