Garage Sale Gains: Are They Taxable?
Summer is when many people clean out closets, hold yard sales and sell items online. Is that money taxable? If you sell personally owned...
Goodbye $600 Rule: New 1099 Threshold Eases Business Reporting Burden
A pesky reporting burden for businesses should be eased by a provision in the One, Big, Beautiful Bill Act, signed into law on July 4....
EV Buyers Beware: $7,500 Tax Credit Vanishes After Sept. 30, 2025
If you were planning to take advantage of the $7,500 tax credit for purchasing or leasing a new electric vehicle (EV) or $4,000 for...
Charity Gets a Boost — and a Barrier: What the New Tax Law Means for Donors
A provision of the One, Big, Beautiful Bill Act (OBBBA), signed into law on July 4, may increase the number of people who donate to...
$4.5 Trillion in Tax Cuts May Be COMING SOON!
On the evening of February 25, the U.S. House of Representatives passed a budget resolution that includes $4.5 trillion in tax cuts and...
BOI IS BACK!
ALERT: After another federal court ruling, the beneficial ownership information (BOI) reporting requirements under the Corporate...
Q4 Tax Payment Due January 15th!
Audio version available here (1 min. 10 sec.) URGENT: Your final 2024 quarterly estimated tax payment is due this Wednesday, January...
Get Ready for Tax Season 2025!
Audio version available here (1 min. 55 sec.) Now that the New Year has come and passed, it’s time to get ready to file your 2024 taxes....
Reckless Filing = IRS Penalties
Audio version available here (1 min. 50 sec.) As the 2025 tax season looms closer, it’s time to get ready to file. If you wait until the...
Zelle Scams Prompting Government Action
Audio version available here (1 min. 40 sec.) In a world where hundreds of payment apps exist, you’ve likely had personal experience...
