Default
How the IRS Layoffs are Affecting Small Businesses and Taxpayers
The IRS is facing significant staffing challenges in 2025, with thousands of employees, including revenue agents and auditors, being laid off or resigning. This has the potential to impact how audits are conducted and how efficiently the IRS handles tax-related matters. As a small business owner or taxpayer, you might be wondering what this means […]
How to File Your Taxes in 2025 for Last-Minute Filers
Tax season is fast approaching, and if you find yourself scrambling to file your taxes at the last minute, don’t worry—you’re not alone. Whether you’re a procrastinator or simply didn’t realize how much you still need to do, you can still get your taxes filed correctly, even under time pressure. Here’s your essential guide on […]
A Guide to Filing Taxes for Freelancers and Gig Workers in 2025
Are you a freelancer, gig worker, or independent contractor preparing to file your taxes for the2024 tax year? Whether you drive for Uber, Lyft, DoorDash, or Grubhub, sell goods online, or offer professional services through platforms like Fiverr and Upwork, understanding how to file your taxes as a freelancer is crucial. Here’s everything you need […]
News: IRS to End Surprise Visits to Homes and Businesses
The Internal Revenue Service announced recently that it will immediately scale back its practice of sending unarmed agents to make surprise visits to homes and businesses. The visits were a core part of the agency’s efforts to collect unpaid taxes for the last few decades. The change came about, in part, due to the prevalence […]
Congress Approves $900 Billion Covid-19 Relief Package. Here’s What You Need to Know
Update: As of 12/29, President Trump has officially signed the second round of Covid-19 relief into law. But, the Senate still may vote this week to increase direct payments from $600 to $2,000. Congress reached a deal on Sunday approving a $900 billion Covid-19 relief package. The long-awaited stimulus will provide billions of dollars in […]