Category Archives: Tax Tips

1 December 2025

Year-End Tax Planning Strategies for Individuals

Year-end tax planning often involves navigating expiring provisions and adjusting to late-breaking legislative changes. This year, however, there is an unusual level of legislative certainty in the air. The One Big Beautiful Bill Act (OBBBA) became law on July 4, … Continue reading

25 November 2025

Year-End Tax Planning Opportunities for Businesses

With greater predictability built into the tax code, year-end tax planning for businesses becomes more about strategic planning and less about rushing to use expiring incentives. Among its nearly 900 pages, the One Big Beautiful Bill Act (OBBBA), signed in … Continue reading

20 November 2024

Year-End Tax Planning for Individuals

As we approach the 2025 “tax cliff,” future tax policy remains a pressing focus for individuals. With election results in, the direction of upcoming legislative changes is beginning to take shape, providing a clearer framework for strategic decisions. However, tax … Continue reading

10 March 2024

Launching a New Company or Need a New Business Structure? The Differences Between LLCs, C Corps and S Corps

As you meet with your accountant this tax season and consider the swirling number of legislative changes over the past few years, you may be looking at your business with a fresh set of eyes and realizing that it may … Continue reading

22 February 2022

What You Need to Know About the Child Tax Credit and Economic Impact Payment Notices

Many of you probably already received IRS Letters 6419 and 6475 containing details about your 2021 advance child tax credit (CTC) payments and economic stimulus payments. Here’s what you need to know about the letters, this year’s CTC refund, and … Continue reading

12 January 2022

Q4 Taxes Due Next Week: Here’s What You Need to Know

We’re coming up on the final estimated tax payment of 2021 next week! Since the standard quarterly deadline of January 15 falls on a Saturday this year, and Martin Luther King Jr. Day will be celebrated on Monday, all self-employed individuals … Continue reading

15 November 2021

Year-End Tax Planning for Businesses

2021 brought a wave of new tax changes for businesses, and 2022 could bring yet another surge. With the end of year in sight, there’s a window of opportunity in the fourth quarter to make strategic tax planning moves that … Continue reading

8 November 2021

Year-End Tax Planning for Individuals

As we near the end of another turbulent year, it’s time to discuss the steps you need to take to reduce your tax burden for 2021 (and beyond). Unlike other years, 2021 presents many unique moving parts to the tax … Continue reading

12 July 2021

Child Tax Credit Monthly Payments Start July 15

On July 15, 2021, the IRS will start sending monthly child tax credit payments to qualifying families around the country. Thanks to the American Rescue Plan Act passed in March 2021, families claiming the child tax credit in 2021 will … Continue reading

4 May 2021

Tips for Your E-Commerce Business from a CPA

E-commerce marketplaces popped up in the early 1990s and have been on the rise ever since. In the last decade, there’s also been a surge of businesses leveraging multiple consumer channels to sell their products. Not to mention, traditional brick-and-mortar … Continue reading

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