Jacks' Tax

01/06/2026

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01/04/2026

Tax Girlies 🧾✨ listen up

If you filed ZERO clients today, do NOT get discouraged.👇🏾

This is DAY TWO of tax season. Not the whole season.

What matters is what you do NEXT.
Hit the ground running. Be visible. Be consistent.

Tell people:
• WHO you are
• WHAT you do
• WHY you’re different from every other tax companies

Closed mouths don’t get clients.
Invisible tax pros don’t get booked.

Post. Comment. Educate. Show up. ✅

Somebody is watching you RIGHT NOW deciding who to trust with their refund.🤏🏾

Tax Girlies apply pressure🔥Your season is loading 💰

Drop a 💼 if you’re locked in‼️

01/04/2026

Let’s talk about education credits, the 1098-T, AND how many times you can actually claim them, because this gets misunderstood every tax season.

First things first 👇🏾
📌 Receiving a 1098-T does NOT automatically mean you qualify for a school credit.

If financial aid, grants, or scholarships paid most or all of the tuition, there is often little to no qualified out-of-pocket expense left to claim. Education credits are based on what YOU paid, not what the school charged.

Now let’s talk about limits ⬇️

🎓 American Opportunity Tax Credit (AOTC)
• Can only be claimed 4 times TOTAL per student
• Must be for the first 4 years of post-secondary education
• Requires at least half-time enrollment
• Max credit: $2,500 per year
• If you’ve already claimed it 4 times ❌ you’re done

🎓 Lifetime Learning Credit (LLC)
• No limit on the number of years
• Credit is 20% of up to $10,000 in qualified expenses
• Not refundable
• Must still have qualified expenses you personally paid

🚨 Important compliance facts 🚨
• You cannot double-dip education credits
• You cannot claim expenses paid with tax-free aid
• Claiming credits without eligible expenses can cause IRS delays, audits, or repayment

This is why:
✔️ Refunds are explained upfront
✔️ 1098-T forms are cross-referenced with account statements
✔️ Credits are only claimed when legally allowed

📌 Bottom line:
1098-T ≠ guaranteed credit
Financial aid matters
AOTC has a hard 4-time limit
Ethical filing protects your refund long-term

Facts only. No hype.

12/26/2025

Yes, 2 parents can claim the SAME child in the SAME year, for DIFFERENT tax benefits 💸 and it’s totally legal.

The IRS allows it under specific rules. Not everyone qualifies but many do when it’s cooperation between two parents.

💎 This helps the BOTH parents during tax season and also helps those in separate households avoid conflict.

STRATEGIC tax prep > regular tax prep

12/26/2025

Filing early is the one move most taxpayers regret skipping. 👇🏾

12/26/2025

The hustle never stops, and neither do we! 🚗💨
Gig workers, freelancers, and side-hustlers: Don’t leave your hard-earned money on the table. At Jacks’ Tax Financial Services, we know exactly how to handle your 1099s to get you the maximum refund you deserve.
🗓 Starting January 2nd, we are officially open for filing!
💰 Need cash now? Ask about our Refund Advance Loans to get money in your pocket before the IRS even processes your return.
Get the GOAT treatment this tax season. 🐐✨
🔗 File with us: https://form.jotform.com/jackstax.prep/jacks-tax-client-intake-form

📸 Follow for tips:

12/05/2025

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12/03/2025

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11/26/2025

11/14/2024