Latest Blog & Articles
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Smart Tax Planning Strategies for Businesses
Tax planning is a crucial aspect of financial management for any business. A well-structured tax strategy can help maximize deductions, reduce liabilities, and ensure compliance with tax laws. Business owners often overlook key investment opportunities and retirement planning tools that can significantly impact their tax situation. Below are some powerful tax planning strategies that businesses…
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Tax inflation adjustments for tax year 2025
The Internal Revenue Service announced today the annual inflation adjustments for tax year 2025. Here’s a summary of the IRS’s inflation adjustments for tax year 2025: Unchanged: Reference: https://www.irs.gov/newsroom/irs-releases-tax-inflation-adjustments-for-tax-year-2025
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ERC Voluntary Disclosure Program reopens
ERC Voluntary Disclosure Program reopens; special discount available through November 22 Thousands of new recapture letters going out for improper ERC claims made for Tax Year 2021, some Tax Year 2020 Separate ERC Claim Withdrawal Program remains available for those with pending claims The IRS continues analyzing ERC claims, intensifying audits and pursing promoter and…