Understanding Financial Statements: A Guide for Non-Accountants Unlock the secrets behind financial statements and boost your financial literacy! Perfect for entrepreneurs, small business owners, and anyone eager to understand the numbers. No accounting experience needed….

The IRS typically offers relief, such as extending tax filing and payment deadlines, for areas designated by the Federal Emergency Management Agency (FEMA). Individual and business taxpayers in these disaster-affected regions automatically receive this extension,…

As 2024 draws to a close, it’s an ideal time to take proactive steps to minimize your tax burden. By shifting income and making strategic moves before year-end, you can reduce your taxable income and…

Tax season can feel overwhelming with documents arriving from employers, financial institutions, and others. As tax time approaches, here is a list of important documents to keep organized: W-2s and 1099-NECs Ensure you receive W-2s…

January 1, 2025 – ON HOLD Deadline to file initial beneficial ownership information (BOI) for reporting companies created or registered prior to January 1, 2024. [Update: FinCEN’s BOI requirements were suspended in early December, reinstated…

A timely knowledge of this definition is pretty important. If you have problems getting to sleep at night and you turn to the IRS tax code for help, you might find some vocabulary that is…

With the Tax Cuts and Jobs Act (TCJA) from 2018 set to expire at the end of 2025, significant tax changes are on the horizon. Here’s what you need to know and plan for: Tax…

Money is a leading cause of stress in relationships. Here are some tips to avoid conflict: Be Transparent Share your financial status openly. Knowing each other’s debts, income, and assets prevents surprises and conflicts. Discuss…