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 latest 2025 tax legislation brings some big news for workers who earn tips: qualified tips will be tax-free for tax years 2025 through 2028. This new provision is designed to provide relief for service…
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One of the standout features of the 2025 tax legislation is a new provision that makes qualified overtime pay tax-free for tax years 2025 through 2028. This change is expected to benefit millions of workers…
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Philadelphia business owners and residents, take note: important tax changes are on the horizon for 2025. Updates to the City of Philadelphia’s Business Income and Receipts Tax (BIRT), Net Profits Tax, Wage Tax, and School…
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The One Big Beautiful Bill: Key Business Tax Impacts at a Glance The One Big Beautiful Bill Act of 2025 introduces a number of business-focused updates, including enhanced tax breaks and eased compliance burdens. From…
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The One Big Beautiful Bill Act: 10 Tax Bill Tidbits that Impact Individual Taxpayers Tax laws are constantly evolving, and staying informed is key to making smart financial decisions. On July 4, 2025…
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Amended returns no longer required if ERC claim is received or denied in current year. When the regulations concerning the Employee Retention Credit (ERC) were first issued, they indicated that a taxpayer who received ERC…
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When you’re in your 20s or 30s, estate planning is probably the last thing on your mind. After all, you’re still building your career, managing student loans, and figuring out your financial future. And if…
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To help your business’s finances shine this summer, Alloy Silverstein’s Bookkeeping team has developed a comprehensive Mid-Year Bookkeeping Task Checklist [PDF]. This checklist is designed to help small businesses stay on top of their bookkeeping…
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