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10 Common Accounting Errors to Avoid for a Smooth Tax Season
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Tips and Articles on Tax Advisory
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As we move through 2025, it’s more important than ever to stay proactive with your tax planning. A number of key tax credits, deductions, and lower rates are scheduled to expire at the end of the year, and if Congress does not act, many taxpayers … [Read more...] about Prepare Now for Tax Changes Ahead
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Key Strategies for Business Owners Many tax provisions introduced under the Tax Cuts and Jobs Act (TCJA) are set to expire at the end of 2025. These changes could have significant financial implications for business owners. Now is the time to … [Read more...] about Prepare for Higher Business Taxes
Accurate bookkeeping is the cornerstone of a successful tax season. For small business owners, even minor errors in your accounting records can lead to significant issues—from misstated financial statements and unpaid bills to compliance … [Read more...] about 10 Common Accounting Errors to Avoid for a Smooth Tax Season
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What You Need to Know Heading into 2025 Staying informed on the latest IRS updates can help you keep more of your hard-earned money and avoid surprises during tax season. As we head toward 2025, several key changes are on the … [Read more...] about 2025 IRS Updates
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Tax season often sparks confusion, especially when it comes to what’s taxable and what isn’t. Below are some of the most common tax myths and the facts you need to know. Myth #1: Retirement Money Is Always Tax-Free Reality: Many retirees assume … [Read more...] about Common Tax Myths to Avoid
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New Regulations Impacting Required Minimum Distributions (RMDs) Recent changes in tax law have brought significant updates to the treatment of Required Minimum Distributions (RMDs) from qualified retirement plans. The Treasury Department and IRS … [Read more...] about Keeping You Informed on the Latest RMD Update
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