Tag Archives for " taxes 2024 "
Is Your IRS Tax Debt Growing? Why Proactive Resolution is Crucial
Few things cause more stress than a mounting IRS tax debt or an unexpected notice from the Internal Revenue Service. Many taxpayers mistakenly believe that ignoring the problem will make it disappear,
Read More2025 Tax Reform: What Taxpayers Need to Know About the “Big, Beautiful Bill”
As we navigate May 2025, discussions in Washington are buzzing around a sweeping piece of legislation affectionately dubbed the "Big, Beautiful Bill." This isn't just political chatter; it's a critical
Read MoreMastering Tax Compliance: Building Healthy Financial Habits
Do you ever feel a twinge of anxiety as tax season approaches? That subtle, or not-so-subtle, knot in your stomach when you think about deductions, deadlines, and the ever-present possibility of an IRS
Read MoreIRS Hiring Freeze: What It Means for You This Tax Season
In recent months, significant changes have emerged in U.S. tax policy under President Donald Trump's administration, directly impacting taxpayers, tax professionals, and businesses alike. Notably, the
Read MoreIRS Sent $2.4 Billion in Unclaimed Credits: Are You Eligible?
Find Out if You’re Owed Money from the IRS and How to Claim It.Could you have missed out on extra cash from the IRS? If you filed a tax return in 2021 and didn’t claim the Recovery Rebate Credit, the
Read MoreIRS Mileage Deduction for Business Use Increases to 70 Cents Per Mile
Get more back for your miles with the IRS’s updated rates.If you use your vehicle for business purposes, there’s good news. Starting in 2025, the IRS is increasing the standard mileage rate for business
Read More5 Tax-Savvy Charitable Donations That Can Lower Your Tax Bill
How to make your donations count for both those in need—and your taxes.’Tis the season for giving, and your generosity can give back to you by lowering your tax bill. With tax-savvy charitable
Read MoreTrump Tax Policy Changes: 11 Proposals and What They Mean for You
Key tax reforms could impact your income, savings, and investments starting in 2025.The 2024 elections are over, and President-elect Donald Trump is poised to introduce major Trump tax policy changes aimed
Read MorePickleball Taxes – Who Knew?
Could Your Favorite Sport Cost You More Than You Think?From California to Arizona, this popular sport is sparking debate in some communities. Could you be subject to ‘pickleball taxes’?In the last
Read MoreCharity Scams: Protect Yourself from Fraud After Disasters
The Internal Revenue Service (IRS) has issued a notice urging taxpayers to be on guard for scammers posing as charities in the wake of Hurricanes Milton and Helene. They are seeing a wave of charity scams
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