Alloy Silverstein’s articles and insights are updated weekly. Stay tuned for the latest tips and news on managing your business, the latest tax law, preventing fraud, preparing your taxes, and more.
The One Big Beautiful Bill Act of 2025, or OBBBA, has officially arrived, and it’s packed with new tax breaks aimed at helping parents and families. From expanded credits to larger deductions, these changes could mean significant…
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If you’ve been clocking extra hours, 2025 brings a tax break worth celebrating. With the recent passage of the One Big Beautiful Bill Act (OBBBA) of 2025, eligible workers can now claim a brand-new deduction…
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Yes, it’s true. The IRS has been sending out inaccurate CP59 notices for 2024 tax returns. If you’ve recently received one, don’t panic. You may not have done anything wrong. The IRS is issuing CP59…
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In today’s digital world, tax advice is just a scroll away. TikTok, Instagram, YouTube, and other platforms are full of self-proclaimed “tax experts” promising hacks that will save you thousands of dollars. While some tips…
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Under the newly enacted One Big Beautiful Bill Act, many tax provisions from the Tax Cuts and Jobs Act (TCJA) have been extended or made permanent. However, not all favorable deductions are here to stay….
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The recently passed One Big Beautiful Bill Act (OBBBA) addresses some tax law uncertainty while creating several benefits impacting your 2025 tax return. One of these benefits is a new $6,000 deduction for seniors. Here…
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Starting September 30, 2025, the IRS will stop issuing paper check refunds and will no longer accept paper checks for tax payments. If you have questions about how this impacts you or your clients, you’re…
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If you’re a small business owner, you’re no stranger to rising costs. Between inflation, supply chain hiccups, and the impact of new tariffs, your margins may be feeling tighter than ever. But don’t panic –…
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