Tag Archives for " taxes 2025 "
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 More5 Common IRS Audit Triggers in 2025 (And How to Avoid Tax Trouble)
Let's Talk About IRS Audit Triggers Worried about an IRS audit? Let's make sure you stay in the clear by understanding the most common IRS audit triggers that could put you on their radar.Nobody wants
Read MoreBeware of IRS “Dirty Dozen” Tax Scams This Season
Each tax season, scammers become more active, attempting to exploit taxpayers and tax professionals alike. The Internal Revenue Service (IRS) has released its annual "Dirty Dozen" list, highlighting 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 MoreTax Planning for TCJA Expiration: What You Need to Know
It’s that time of year when tax professionals begin reaching out to clients to plan for the upcoming tax season. This year, however, tax planning for TCJA expiration presents unique challenges due to
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