HIVE TAX AI
Lotus Li
Lotus Li is a CPA who has transformed 20 years of professional experience into building products with a mission to simplifying everyone’s tax journey. She is passionate about bringing cutting-edge AI into the world of tax and finance and is deeply immersed in designing, building, and launching innovative AI-powered tax solutions.
Why Small Business Owners Need a Specialized AI Tax Tool for the 2026 Tax Season
The 2026 tax season brings new opportunities and fresh challenges for small business owners across the United States. With ongoing tax code complexity, evolving deductions and credits, and heightened scrutiny on compliance
Case Study: From Discovery Call to Structured Tax Planning Opportunities
Case Study: From Discovery Call to Structured Tax Planning Opportunities, Using Hive Tax Planning to Accelerate Advisor Conversions
Tax Delays & the 2026 Filing Season: Will a Government Shutdown Affect Your Tax Return?
As we dive into the 2026 tax season, many Americans are asking a big question: Will government shutdowns and IRS staffing challenges cause tax delays and affect tax returns?
Why “No Tax on Tips” and “No Tax on Overtime” Are Not What They Sound Like in 2026
Millions of U.S. taxpayers have heard campaign taglines about “no tax on tips” and “no tax on overtime” — but the reality for the 2026 tax season is far more nuanced.
How CFP® Professionals Use AI Tax Planning Tools to Optimize Roth Conversions and RMDs for Retirees
For CFP® professionals, retirement planning is no longer just about asset allocation and withdrawal rates. In 2026 and beyond, tax strategy is the differentiator
What documentation should I keep in 2025 to substantiate childcare or dependent-care expenses on my 2026 return?​
Keep the care provider’s name, address, and taxpayer identification number (SSN/ITIN/EIN or “Tax-exempt,” as applicable); you can collect this using Form W-10 or other acceptable documentation listed in the W-10 instructions
How do education credits or deductions work for 2025 if I or my child is in college or a training program?​
For 2025, the main federal education tax benefits for college or many job-training programs are generally the two education credits (AOTC and LLC) plus a few “education-related” exclusions/deductions (student loan interest, employer assistance
Which parent can claim the child-related credits when parents are divorced or separated in 2025?​
Usually, the custodial parent (the parent the child lived with for more nights during 2025) is the parent who can claim the child as a dependent and, therefore, the child-related benefits tied to that dependent.
How do I determine who qualifies as my dependent for 2025, especially with shared custody or support situations?​
A child generally qualifies as your qualifying child if the relationship, age, residency, support, and joint return tests are met. In shared custody situations, the residency test is typically the deciding factor (where the child lived).
What are the main family-related tax credits available for 2025 returns (children, dependents, care, education)?​
Child generally must be under age 17 at year-end and meet relationship, residency, support, and dependency tests; the child must have an SSN valid for employment issued by the due date of the return (including extensions).