Taxes

Our blogs on tax-related topics, including tips for maximizing your deductions, updates on changes to tax laws, and strategies for minimizing your tax liability.

2025 IRS Tax Year Changes

Taxes

November 5, 2024

IRS annual inflation adjustments for tax year 2025

IRS penalty for underpayments soars to 8%

Taxes

December 4, 2023

IRS penalty for tax underpayments is now 8%

2024 Tax Brackets

Taxes

November 5, 2024

Tax brackets for 2024 have been posted!

2024 Tax Adjustments Highlights

Taxes

November 10, 2023

IRS Revenue Procedure 2023-34 outlines key adjustments for the 2024 tax year affecting income tax returns filed in 2025.

Moratorium issued by IRS on new claims for the Employee Retention Credit (ERTC)

Taxes

November 5, 2024

The IRS has put a halt on processing new claims for the Employee Retention Credit (ERC) until at least December 2023, citing concerns about the eligibility of a significant number of recent submissions.

The benefits of having a professional prepare your tax return

Taxes

May 10, 2023

Why having a tax professional is a better idea than doing taxes on your own...