Articles
At Perry & Associates CPAs, we recognize the growing importance of advanced technologies like AI in safeguarding the financial sector from fraud. According to recent
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At Perry & Associates CPAs, we often observe that non-corporate entities such as sole proprietorships, partnerships, and HUFs face recurring challenges in the preparation of
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Avoid IRS Penalties & Interest: If you owe taxes on Social Security or other income (like dividends or retirement withdrawals), you must make quarterly payments.
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Thousands of recent layoffs at the IRS — including 6,000 to 7,000 probationary employees in February — could significantly impact key agency functions during the
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As the 2025 tax season gets underway, taxpayers must decide between taking the standard deduction or itemizing their deductions — a choice that could significantly
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For LLC business owners, understanding what not to do is just as important as knowing what to do—especially when it comes to avoiding an IRS
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As tax season rolls around, it’s important for filers—especially small-business owners—to avoid common missteps that could trigger an IRS audit. While the IRS often corrects
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For months, taxpayers have been eyeing the end of tax cuts written into law in 2017 with the Tax Cuts and Jobs Act, enacted during
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In a move that wealthier taxpayers and their financial advisors will welcome, the Internal Revenue Service today announced inflation-adjusted increases to both the estate and
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Introduction As the 2024 fiscal year draws to a close, small businesses face the critical task of examining their financial strategies to maximize tax benefits.
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Age and wealth often make clients more charitably inclined. But it’s important for them to plan for how they’re going to gift their cash and
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Scammers steal funds from unsuspecting victims, making them financially unprepared for other “Grandma, I’m in jail and I need you to wire $10,000 for bail,”
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