Avoiding IRS Penalties: How to Master Estimated Tax Payments Like a Pro
Master estimated tax payments, avoid IRS penalties, and optimize your strategy with these smart, year-round tax planning tips.
April 11, 2025
Tax Planning
New Tariffs Drive Market Volatility
President Trump’s surprise tariffs on April 2 triggered historic market losses, sparking investor concern and highlighting long-term volatility risks.
April 10, 2025
A Comprehensive Guide to Calculating the Qualified Business Income (QBI) Deduction
The QBI deduction allows eligible taxpayers to deduct 20% of qualified business income, with complex rules, limits, and calculations.
April 10, 2025
Understanding Tax Relief Options for Married Couples: Injured Spouse vs. Innocent Spouse Relief
Learn about Injured Spouse and Innocent Spouse Relief to resolve tax issues for married couples facing unfair liabilities.
April 9, 2025
Millennials’ Guide to Modern Financial Planning: Building a Customized Strategy
Explore a modern financial strategy tailored for millennials—one that combines tax-saving tips and tech tools to build long-term security.
April 8, 2025
How to Master Cash Flow During Tax Season Without Burning Out
Master cash flow during tax season with smart strategies to balance expenses, meet obligations, and fuel long-term business growth.
April 8, 2025
Understanding Disproportionate Distributions in Partnerships
Disproportionate distributions in partnerships can trigger taxable income by reallocating unrealized receivables or appreciated inventory, per Section 751(b).
April 8, 2025
New Social Security Identity Verification Rule: Are You Affected?
Starting April 14, individuals without a My Social Security account must visit an office to verify identity for certain claims.
April 7, 2025
Understanding Partnership Distributions: A Comprehensive Guide
Partnership distributions impact tax liabilities and financial planning. This guide clarifies cash distributions, tax basis adjustments, and gain recognition strategies.
March 28, 2025
Switching from S to C and Back to S Corporations: Key Considerations
Switching between S and C corporations resets the Accumulated Adjustments Account (AAA), impacting taxation, distributions, and potential double taxation risks.
March 26, 2025