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Category: Tax News

Get up to date on all tax news from the IRS. The IRS is constantly updating us with law changes and new rules. Sometimes, it’s too much to keep up with. We’ll decipher the confusing lingo while you focus on staying current  on what’s really important.

If you have more questions about staying up to date with the IRS, leave a comment. Our tax team is ready to help!

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tax interest rate

Tax Interest Rate For 2025 Q1

The tax interest rate is reassessed every quarter. Non-corporate taxpayers are subject to an overpayment and underpayment rate equal to the federal short-term rate plus an additional 3 percentage points. For the initial quarter of 2025, the latest tax interest rates have been unveiled by the IRS, introducing significant modifications that will affect individuals’ and […]

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tax policies

Impacts of Recent Tax Policies on Individual Tax and Business Tax

How do recent tax policies and legislation affect individuals, businesses, and different income groups? Recent tax policies and legislation have significant effects on individuals, businesses, and various income groups. Here’s a breakdown: Impacts on Individuals Tax Standard Deductions: In 2025, taxpayers will benefit from increased standard tax deductions. The Tax Cuts and Jobs Act (TCJA) […]

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tax scams

Top 5 Tax Scams for Taxpayers Should Know 

There has been a surge in tax scams, in misleading ads circulating on social platforms, asserting that taxpayers can receive free funds

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2025 small business tax

General Tax Updates for 2025 for Small Business Owners

For the 2025 Tax Season, Several Tax Changes will Impact Small Business Owners

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tax deduction 2025

Higher Standard Tax Deductions in 2025 

higher standard tax deductions in 2025 will provide taxpayers with the opportunity to allocate more of their income toward shielding it from future taxation

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E-Filing Your Business Income Tax Return in 2025

Every year, businesses face the task of tax returns. E-Filing business income tax return in 2025 involves submitting federal, and local taxes

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Marriage Tax

Did You Get Married this Summer or Plan to Marry This Year?

Upon entering matrimony or marriage, your tax circumstances transform. The tax filing options available for the whole year are contingent upon your marital status on December 31

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back to school tax saving

6 Back to School Shopping Ideas for Parents for Cost Saving and Tax Savings

As you gear up for back-to-school shopping, remember these tips to maximize your savings and make the most of your budget.

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Tax Cuts and Jobs Act

Good for Those Working From Home in 2025

With the anticipation of the expiration of the Tax Cuts and Jobs Act (TCJA), an important change may affect workers who spend part of their workweek at home

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2025 Tax Refund

How to Maximize My 2025 Tax Refund Today

Thinking about 2025 Tax Refund? Take a proactive approach and commence preparations for the upcoming 2025 tax season.

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