You have probably heard of the “One Big Beautiful Bill Act” which recently passed Congress and was signed by the President. This law has far-reaching effects in taxation for individuals, businesses, and beyond. This month we’re taking a close look at the key changes, so that you can see how Read more…
You have probably heard of the “One Big Beautiful Bill Act” which recently passed Congress and was signed by the President. This law has far-reaching effects in taxation for individuals, businesses, and beyond. This month we’re taking a close look at the key changes, so that you can see how Read more…
You have probably heard of the “One Big Beautiful Bill Act” which recently passed Congress and was signed by the President. This law has far-reaching effects in taxation for individuals, businesses, and beyond. This month we’re taking a close look at the key changes, so that you can see how Read more…
You might not realize it, but your summer fun could impact your taxes. Here are a few summertime activities and tips on how you should consider them for tax season. Marriage Wedding season is upon us, and newlyweds can make their tax filing easier by taking two simple steps now: Read more…
If you live and work abroad, you have until Monday, June 16, 2025, to file your 2024 federal income tax return and pay any tax due. This deadline applies to both U.S. citizens and resident aliens abroad, including those with dual citizenship. In general, on the regular due date of Read more…
So far in 2025, the Federal Emergency Management Agency (FEMA) has issued 12 major disaster declarations in nine states impacted by winter storms, flooding, tornadoes, wildfires, landslides and mudslides. With tax season over and peak periods for disasters approaching, now is a good time to think about protecting important tax Read more…
If you missed the April 15 filing deadline, you should submit your tax return as soon as possible. And if you missed the deadline to file but owe taxes, you should file your tax return as quickly as possible in order to avoid penalties and interest. Requesting an extension allows Read more…
The deadline for individuals to file their income tax return is April 15, 2025. If you have not yet made an appointment with our office to file your tax return, please contact us as soon as possible. At this late date it may not be possible to file your tax Read more…
In most cases, retirees who turned 73 in 2024 must begin receiving payments from Individual Retirement Arrangements (IRAs), 401(k)s and similar workplace retirement plans by Tuesday, April 1, 2025. Required minimum distributions (RMDs) are payments typically made by year end. However, if you turned 73 in 2024 you can delay Read more…
Mistakes can happen when preparing a tax return — and that can cause delays or even rejected returns. Knowing what to lookout for can help you help your tax preparer to avoid errors. Common errors Here are some common errors you should look out for: Missing or inaccurate Social Security Read more…