“Don't Let PenaltiesCatch You Off Guard” To get my complete articlewith all the details… Missing an estimated tax payment can lead to non-deductible penalties that add up quickly. But you have options to mitigate the impact—and even avoid penalties in the future. Our latest article, "Missed an Estimated Tax Payment—Now What?", breaks down: Steps to take … [Read more...]
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Do You Need to Report Your Home Sale to the IRS?
“Don't Let a Simple OversightLead to IRS Complications” To get my complete articlewith all the details… Selling your home can be an exciting milestone, but it also comes with important tax considerations. Did you know: If your home sale gains qualify for the $250,000/$500,000 exclusion, you might not need to report it. Even so, reporting when not required to … [Read more...]
Stay Ahead in 2025: Download Your State Tax Contact Guide Now
“Your Essential State TaxContact Guide for 2025” To get my complete articlewith all the details… As 2025 begins, staying organized and informed is key to simplifying your tax season. That’s why we’ve created the 2025 State Tax Department Contact Information PDF—a must-have resource for tax professionals, business owners, and individuals alike. Here’s what makes … [Read more...]
New IRS Rules for Inherited IRAs in 2025—What You Need to Know
“Don’t Let IRS Rule ChangesCatch You Off Guard” To get my complete articlewith all the details… Big changes are coming for inherited IRAs in 2025, and understanding these updates is critical to protecting your retirement savings. Key highlights: Required Minimum Distributions (RMDs) are now mandatory for most beneficiaries. Missing them could cost you up to 25% … [Read more...]
URGENT: Dec. 31 Deadline – Deduct Prepaid 2025 Rent Paid by Your Corporation to You
“Surprise: Related Party RulesDo Not Kill Prepaid Rent Strategy” To get my complete articlewith all the details… Time-Sensitive Tax Alert: Only weeks remain to implement this powerful tax strategy before December 31, 2024! You need this on your calendar. Just Discovered: A game-changing interpretation that allows your corporation to deduct prepaid rent it pays … [Read more...]