High-income earners, you already know the harsh reality. The more money you make, the more you pay in taxes. While that might seem inevitable, you don’t have to accept an excessive tax burden. With strategic planning, you can legally reduce…
It’s hard to believe, but the tax season for 2025 has been in full swing for a while, and the clock is ticking toward the April 15, 2025, filing deadline for your 2024 tax return. But before you rush to…
For many people, the moment they file their taxes is followed by the long wait for that refund check or deposit to hit their account. But how long will you have to wait in 2025? Knowing when the IRS will…
How much of your rental income will actually make it into your pocket in 2025? That’s the big question for property owners who want to stay ahead of the game. The tax rules around rental income are complex, and many…
If you're a U.S. business owner, you’ve mastered the grind—long hours, tough calls, and the nonstop balancing act of running a business. But there’s one challenge that keeps throwing you off course: taxes. No matter how much you plan, they…
We all know the drill: new year, new you… and then, “Oh no, it’s tax time again!” But here’s the secret: if you get a jump start on tax season 2025 now, you can avoid that last-minute scramble. So, while…
Understanding how the Affordable Care Act (ACA) impacts taxes is a huge deal for many business owners and individuals during tax season. If you’re unprepared, your ACA-related taxes could leave you scrambling when you file. But don’t worry; with the…
You might think that getting paid to play sports or entertain is a dream job, but Uncle Sam has something that can turn that dream into a paperwork nightmare. Surprised? Well, welcome to the world of Jock Tax, where working…
Ever wondered why your paycheck is smaller than you anticipated? You’re not alone. Many people are caught off guard by how much is deducted from their paychecks for federal taxes. Understanding the deductions that shrink your take-home pay can help…
Business loans can be a lifesaver when you need to grow or sustain your company, but when tax season rolls around, you might ask questions like: Are there any benefits to taking business loans? Are business loans tax deductible? The…
Hiring a tax strategist might seem like an unnecessary expense—until you realize how much they can save you. Whether you’re a business owner or have a more complicated tax situation, tax strategists help you reduce your liability and keep more…
If you live in Florida and feel extra generous, you might wonder: is there a gift tax in Florida? The answer is no! But don’t relax just yet—there’s more to the story regarding federal tax rules that apply in the…
Let’s face it—nobody jumps out of bed in the morning excited about paying taxes. But if you're a Californian with investments, real estate, or a thriving business, understanding capital gains tax is crucial to keep as much of your hard-earned…
We all know the drill: new year, new you… and then, “Oh no, it’s tax time again!” But here’s the secret: if you get a jump start on tax season 2025 now, you can avoid that last-minute scramble. So, while…
IRS interest rates aren’t exactly the hottest topic of conversation. But here’s some good news that might interest you: the IRS is lowering its interest rates for the first quarter of 2025. If you’ve got unpaid taxes or overdue refunds,…
