Be Our Guest | Kimberly Furrh, CPA – Tax Season 2026 (Part 2) скачать в хорошем качестве

Be Our Guest | Kimberly Furrh, CPA – Tax Season 2026 (Part 2)

Be Our Guest | Kimberly Furrh, CPA – Tax Season 2026 (Part 2) In Part Two of Be Our Guest, we continue our conversation with Kimberly Furrh, CPA of Furrh Accounting in Lawton, Oklahoma, diving deeper into retirement contributions, itemized deductions, audit risk, and what taxpayers should look for when choosing a tax professional. This segment moves beyond filing basics and focuses on strategy, compliance, and protecting your financial information in an increasingly digital tax environment. Topics include: • Making prior-year IRA and Roth IRA contributions before the April 15 deadline • Traditional vs. Roth retirement strategies and tax bracket considerations • Standard deduction vs. itemizing — what actually makes sense • Medical expenses, property taxes, charitable giving, and Oklahoma-specific deductions • Gambling income and losses under federal and Oklahoma law • Audit risk — what triggers scrutiny and what doesn’t • Questions to ask before hiring a CPA or tax preparer • Cybersecurity standards and IRS WISP requirements • Reporting side income and cash work • Military families, contractors, and Oklahoma residency considerations • Retirement-friendly features of Oklahoma tax law • Tax refunds vs. withholding strategy — are you giving the government a free loan? As always, this discussion is informational and educational in nature. Viewers should consult a qualified tax professional regarding their individual situation. Kimberly Furrh, CPA (Furrh Accounting) website: https://furrhcpa.com/ Read the Lawton Town Crier article and summary: https://lawtontowncrier.com/2026/02/r... CHAPTERS 00:00 Introduction – Tax Strategy Beyond Refunds 00:59 IRA Contributions & April 15 Deadline 02:40 Traditional vs. Roth IRA Basics 03:44 Standard Deduction vs. Itemizing Explained 04:54 Oklahoma Property Tax & SALT Deduction Changes 05:41 Charitable Deductions & Volunteer Expenses 06:27 Gambling Losses & Oklahoma Considerations 06:58 Does Itemizing Increase Audit Risk? 07:41 Choosing a Tax Professional – What to Ask 08:44 IRS WISP Plan & Cybersecurity Requirements 09:08 Technology Changes in Tax Preparation 10:30 IRS Compliance & Identity Verification 11:00 Reporting Side Income & Cash Work 11:44 2026 Income Threshold Changes 12:06 IRA Contributions & Earned Income Rules 12:50 Military Families & Oklahoma Residency Rules 14:42 Oklahoma Retirement-Friendly Tax Policies 15:23 Oklahoma 529 Plan Tax Benefits 15:51 Gambling Loss Limits in Oklahoma 16:05 Tax Refunds vs. Withholding Strategy 17:03 Adjusting Your W-4 & Take-Home Pay This conversation is for general informational purposes only and does not constitute tax advice. Individual circumstances may vary. Consult a qualified tax professional regarding your specific situation. Recorded in Lawton, Oklahoma. ABOUT LAWTON TOWN CRIER Teacher by day, Town Crier by night. Lawton Town Crier provides independent, on-the-record coverage of local government, city council meetings, economic development, public safety, and community events across Lawton–Fort Sill and southwest Oklahoma. 👇 STAY CONNECTED 📘 Facebook:   / lawtontowncrier   🌐 Website: https://www.lawtontowncrier.com ☕ Support on Ko-fi: https://ko-fi.com/lawtontowncrier 📩 Email: newsroom@lawtontowncrier.com 🐦 X (Twitter): https://x.com/lawtoncrier ⸻