by Admin | Nov 3, 2025 | Individual Taxes, Tax Planning
Owning a second home can be a cherished asset, providing a haven for relaxation, a profitable rental, or a long-term investment. However, as life circumstances evolve, so might the reasons for holding onto or getting rid of this property. Here are a few scenarios that...
by Admin | Oct 20, 2025 | Entrepreneurial, Individual Taxes, Tax Planning
Your team’s remote. They’ve got internet bills, home office gear, maybe extra phone costs. And you – being the good boss you are – want to cover these costs. But here’s the catch: how you reimburse them changes everything. There are really only...
by Admin | Oct 18, 2025 | Individual Taxes
In a move set to redefine the refund process, the Internal Revenue Service (IRS), in collaboration with the U.S. Department of Treasury, has announced the gradual phasing out of paper tax refund checks starting September 30, 2025, as mandated by Executive Order 14247....
by Admin | Oct 16, 2025 | Individual Taxes
In the complex world of tax deductions, understanding the distinctions between above-the-line deductions, below-the-line deductions, and standard and itemized deductions is crucial for effective tax planning. Each category serves a distinct purpose within the tax...
by Admin | Oct 14, 2025 | Individual Taxes, Retirement
As retirement approaches, many older Americans seek strategies to maximize their savings and ensure financial stability. Retirement plans often provide “catch-up” contributions, a frequently overlooked opportunity to significantly boost retirement funds....
by Admin | Oct 13, 2025 | Business Taxes, Individual Taxes
The IRS has updated its contingency lapse plan, detailing how operations will proceed past the first five days of the federal government shutdown. The plan, which took effect on Oct. 8, 2025, outlines which functions will continue, which will pause and how employees...
