

Bad Tax Advice from social media can lead to frozen refunds
Don’t get your tax advice from social media. The IRS had to issue a consumer alert addressing concerns about a series of tax scams and...


IRS audit changes in SOP
The IRS has unveiled an eagerly awaited update to its Strategic Operating Plan (SOP), a comprehensive blueprint delineating the pivotal...


Tax Relief is the American Dream
The Tax Relief for American Families and Workers Act of 2024 was passed earlier this year. A resulting change for individuals is an...


What Happens as the Tax Cuts and Jobs Act of 2017 Expires?
The Tax Cuts and Jobs Act of 2017 is set to expire at the end of 2025. This expiration will lead to some serious tax changes, some of...


More Money in Your Pocket: Tax-Free and Tax-Reducing Investments
Investors need to minimize their tax liability. This allows for higher levels of disposable income, as well as higher net investment...


Changes for the 2024 Tax Year to Look out for
There is a surplus of tax changes to account for as both individuals and businesses alike plan for the 2024 tax year ahead. Some of these...


Should a Redemption Funded by Life Insurance Increase Estate Tax Liability? The Supreme Court Will Decide.
The Supreme Court has just heard the oral arguments in Connelly v. Internal Revenue Service. In this case, Thomas Connelly had become the...


A New Form 1099-K Reporting Threshold is Coming
Under the American Rescue Plan (ARP), the IRS plans to lower the Form 1099-K reporting threshold for third-party platform payments. The...


L.A. Mansion Tax Revenue
The mansion tax in California went into effect on April 1, 2023. The mansion tax is a form of property tax that is imposed on high-value...


Dirty Dozen
The Dirty Dozen is a list that the IRS compiles of the most common scams that taxpayers might come across. Taxpayers might come across...
































