deepdive.

Discover which states impose estate or inheritance taxes in 2025—and how these laws could impact your retirement and legacy planning. Get expert guidance to protect your estate and loved ones from costly surprises.

Struggling with an IRS wage garnishment? Learn the proven steps to stop it, protect your paycheck, and reclaim your financial future. Get expert insights and personalized help today.

The Saver’s Credit is a tax credit designed to encourage individuals to contribute to their retirement savings. It is available to low- and moderate-income taxpayers who make eligible contributions to retirement plans such as 401(k)s, IRAs, and other qualified plans.

The state and local tax (SALT) deduction limitation is set to expire after 2025, and the future of the SALT limitation is uncertain and heavily dependent on the political landscape.

The tax code provides significant tax benefits including deductions, tax credits, and income exclusions for disabled individuals, parents of disabled dependents, and businesses to accommodate individuals with disabilities.

Learn how to customize QuickBooks, automate transactions, and leverage reports to streamline your bookkeeping and prepare for a stress-free tax season.

Discover the most overlooked SMB tax deductions—from vehicle expenses to home office write-offs. Elevate your financial game with this comprehensive guide.

Explore the financial and tax decisions faced by the $1.26 billion Mega Millions winner, with expert advice on navigating sudden wealth.

Learn what makes a solid credit score, why it matters, and how to boost yours to secure better loans, lower interest rates, and greater financial freedom.

The IRS Identity Protection PIN (IP-PIN) is a crucial tool in the fight against tax-related identity theft.

Military service members face unique challenges and opportunities when it comes to taxation. The tax code provides specific provisions that recognize the sacrifices and circumstances of military life, offering various tax benefits and exemptions.

Many U.S. taxpayers find themselves with financial interests or assets located outside the United States. Whether through inheritance, investment, or business ventures, these foreign assets come with specific reporting requirements mandated by the Internal Revenue Service (IRS) and the Financial Crimes Enforcement Network (FinCEN). Failing to follow the reporting mandates can result in severe pena...

Experts discuss EV tax credits and sustainable transportation for all during the second Trump administration. Explore the future of these incentives.

Ready to retire in 2025? Start with these five must-do steps—like reevaluating your savings, navigating RMDs, and maximizing Social Security—to lock in a confident, stress-free retirement.

When parents go through a separation or divorce, one of the many complex issues they face is determining who gets to claim the children as dependents for tax purposes. This decision can significantly impact the financial situation of both parents, as it affects eligibility for various tax credits and deductions.

Discover the key rules for 1099 issuance, especially when payments cross into the new year. Learn how to avoid penalties and streamline your tax reporting with expert help from our firm. Perfect for small businesses looking to start the year right.

As lunar exploration ramps up, Kevin Brown’s moon tax proposes a way to ensure equitable benefits for all humanity. Learn how this bold idea could shape our future.

Are you curious about fractional hiring? Learn how small and mid-sized businesses can leverage on-demand experts—like fractional sales or marketing pros—while cutting costs and staying agile.

Big tax changes are coming in 2025! Learn how expiring TCJA provisions, IRS adjustments, and retirement updates may impact you. Contact us for guidance.

Did you miss the year-end tax deadline? Learn last-minute strategies—like funding a SEP-IRA or fixing bookkeeping errors—to recoup lost deductions and maximize tax savings.

Stop chasing empty revenue goals and start focusing on what really matters—your bottom line. Learn how a “profit first” mentality can boost your cash flow, guide smarter decisions, and kick off the New Year with real financial growth.

Tax preparation is not just about gathering documents and giving them to your tax preparer; it's about understanding your financial situation and ensuring compliance with tax laws. Proper preparation can lead to significant savings and prevent potential issues with the IRS.

Form 1099-K was introduced as part of the Housing and Economic Recovery Act of 2008, with its reporting requirements taking effect in 2011. The form was a response to the growing e-commerce sector and the IRS's need to ensure that income from online transactions was accurately reported. The reporting rules have changed significantly over the years, including new requirements for 2024.

You, like most taxpayers, probably dread the task of pulling together your records to prepare for your tax preparation appointment, but the effort usually pays off in the extra tax you might save! When you arrive at your appointment fully prepared, we’ll have more time to explore additional deductions and plan for the future.

Are you self-employed and wondering how to maximize your vehicle-related business deductions? This episode covers everything you need to know about the IRS standard mileage rates for 2024 (67.0 cents per mile) and 2025 (70.0 cents per mile), how these rates are determined, and when you might want to consider switching to the actual expense method for a potentially larger deduction. Learn the key r...