What’s New on Your 2025 W-4? Here’s What to Watch For
What’s New on Your 2025 W-4? Here’s What to Watch For Introduction Starting a new job? Adjusting your withholdings? The […]
IRS
Pass-Through Entity Tax Reforms in the “One Big Beautiful Bill”
Pass-Through Entity Tax Reforms in the “One Big Beautiful Bill” Introduction The “One Big Beautiful Bill” (H.R. 1) is a
2025 Payroll Tax Changes: What Employers Need to Update Now
2025 Payroll Tax Changes: What Employers Need to Update Now Introduction As the calendar turns to 2025, Employers are facing
Using Personal Credit Cards in an S Corporation and the Impact on Shareholder Basis
Using a personal credit card to pay for S corporation expenses is a nuanced topic that can affect shareholder basis
Eleventh Circuit Denies Alimony Deduction: Key Takeaways and Tax Planning Insights
In a recent case before the Eleventh Circuit Court of Appeals, a taxpayer was denied an alimony deduction after the
Will You Be Subject to Taxes on Venmo, Cash App, or PayPal Transactions?
If you’ve been using Venmo, Cash App, or PayPal to receive payments for goods or services, it’s important to know
Top IRS Audit Triggers and How to Avoid Them: A Business Owner’s Guide to Staying Compliant
Facing an IRS audit can be a daunting experience for any business. Understanding the common triggers and implementing strategies to
Are You Freelancer or Self-Employed? What You Need to Know
These days, there are several phrases that can be used to mean self-employment, terms such as: “gig worker”, “working for
How To File Taxes As an Uber Driver (or any other gigs!)
Rather than being a normal employee, gigworkers for ridesharing services like Uber and Lyft, and other types of gig jobs,
What is Form 8995? A Small Business Owner’s Guide to the QBI Deduction
As a small business owner, you qualify for a significant tax break known as the Qualified Business Income Deduction (QBID).