Every year, business owners and self-employed professionals find themselves in the same situation—scrambling to pull together tax documents at the last minute. It’s a stressful
Disasters can strike at any time, leaving individuals and businesses scrambling to recover. When a federally declared disaster occurs, the IRS provides tax relief, giving
In a move that benefits business owners involved in research and development (R&D) activities, the IRS has extended the transition period for revising claims for
Members of the U.S. Armed Forces and veterans often have unique tax situations and needs. Recognizing the sacrifices they make, the IRS provides specific tax
Cryptocurrency investors, businesses, and brokers are about to face a major shift in tax reporting. Starting January 1, 2025, the IRS will require brokers and
The Inflation Reduction Act of 2022 brought substantial enhancements to energy tax credits, creating opportunities for business owners to save on taxes while making energy-efficient
The IRS has recently rolled out several updates that are critical for business owners to understand, especially with regard to the Employee Retention Credit (ERC),