by Admin | Jul 23, 2025 | Individual Taxes, Tax Planning
Losing a job is a challenging event that can have significant financial and tax implications. As individuals navigate the transition, understanding these implications and the resources available can mitigate some of the stress that accompanies such situations. This...
by Admin | Jul 22, 2025 | Business Taxes, Individual Taxes, Tax Planning
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBBA), a reconciliation package that includes a broad array of tax provisions affecting individuals, businesses and international taxpayers. We want to highlight the key provisions and...
by Admin | Jul 21, 2025 | Individual Taxes
Here’s something the IRS doesn’t advertise:Success gets expensive fast, especially when there are two high earners under one roof. You both worked hard. You both climbed your career ladders. And now you’re living in that post-promotion, post-bonus, equity-vesting...
by Admin | Jul 18, 2025 | Individual Taxes
For taxpayers facing IRS penalties, understanding the pathways to request penalty abatement can provide relief both financially and emotionally. From reasonable cause abatement to First-Time Abatement (FTA), this article explores these options, detailing the...
by Admin | Jul 16, 2025 | Business Taxes, Individual Taxes
You’ve probably seen the headlines: “IRS funding slashed.” “Audit rates down.” “Staffing cuts.” If you’re a business owner, investor, or part of a high-earning household, you may be thinking: Finally, some breathing room. But here’s the reality:The IRS...
by Admin | Jul 16, 2025 | Business Taxes, Individual Taxes, Tax Planning
As we approach the closing chapters of the Tax Cuts and Jobs Act (TCJA), implemented during President Trump’s first term, taxpayers find themselves at a crossroads. With many of the TCJA’s provisions set to expire after 2025, the introduction of the One...
