What Is an ITIN and Who Needs One.

June 2026

Every year thousands of individuals throughout the United States earn income — owe taxes — and want to comply with the law. But they do not have and cannot obtain a Social Security Number. The Individual Taxpayer Identification Number — ITIN — exists specifically to solve this problem. Here is everything you need to know.

What Every Small Business Owner in Central Mississippi Needs to Know About Taxes

June 2026

Starting and running a small business in Central Mississippi is one of the most rewarding things a person can do. Taxes are the part most small business owners dread. Not because they are unwilling to pay their fair share — but because the rules are complicated the deadlines are numerous and the consequences of getting it wrong can be costly. Here is everything you need to know.

The Difference Between a W2 and a 1099 — What Every Worker and Small Business Owner Needs to Know

June 2026

Every year millions of Americans open an envelope and find a tax form waiting for them. For most employees that form is a W2. For contractors and freelancers it is a 1099. The difference between a W2 and a 1099 is not just a matter of which piece of paper you receive — it determines how your income is reported to the IRS — how much tax you owe — who is responsible for paying it — and what deductions you may be entitled to claim. Here is everything you need to know.

The Difference Between a W2 and a 1099 — What Every Worker and Small Business Owner Needs to Know

July 1

Discovering after the fact that something was wrong on your tax return — a missing form — an unreported income source — a deduction you forgot to claim — can feel overwhelming. The question most people ask is the same one we hear at Legacy Financial Haven regularly — do I have to fix this? And if so how? In most cases the answer is yes. Here is exactly what a tax amendment is — when you need one — and what the process involves.