Articles

Social Security
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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Audit Triggers For LLC Business Owners To Avoid
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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Tax Planning Shifts After Election
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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IRS Hikes Estate, Gift Tax Exemptions; Boosts Standard Deduction
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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End-of-Year Financial Planning: Maximizing Your Tax Benefits in 2024
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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Older Clients' Charitable Vehicles Require Extra Tax Planning
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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How To Protect Yourself And Your Family From Financial Scams
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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Clients Must Consider Taxes Before Moving Overseas, Advisors Say
The political turmoil of the U.S. may be inspiring some wealthy clients to move abroad. Logistics aside, what should be their tax questions? One important
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