Tax Preparation, Insurance, Payroll, Medicare and Business Advisement in Jamestown NY
As the year draws to a close, it’s the perfect time to review your finances and take advantage of opportunities that could positively impact your 2025 tax return. Here are fifteen tax-saving ideas worth considering before December 31st: 🧾 Income, … [Read more...] about Year-End Tax Planning Tips from Gleason Tax Advisory
Major tax changes are here for 2025—and they could significantly impact your business strategy, expenses, and reporting requirements. The latest federal tax law introduces permanent deductions, larger write-offs, and streamlined compliance. Here's … [Read more...] about 2025 Tax Law Changes Every Business Owner Should Know
The IRS has postponed the new Form 1099-K reporting requirements once again. Originally, starting in 2022, third-party settlement organizations (TPSOs) like PayPal, eBay, Etsy, and Venmo were supposed to issue Forms 1099-K if an individual received … [Read more...] about Update on New Form 1099-K Reporting Requirements
A well-prepared client makes a tax preparer's day, so gather all your documents before your appointment. Start by reviewing last year’s tax return to refresh your memory on your income sources and expenses. Collect all relevant 1099 forms from your … [Read more...] about Preparing for your Tax Appointment
