The Impact of IRS Layoffs
The Impact of IRS Layoffs Published: 3/3/2025 During the recent chaos of Federal employment moves over the past couple of weeks, two actions will impact how filing your tax return this year could go and how to prepare accordingly. Voluntary termination After being offered voluntary termination, approximately 75,000 employees across all departments of the federal […]
Simple Ideas to Help Your Small Business
Simple Ideas to Help Your Small Business Published: 2/28/2025 Here are several ideas to help your business grow and thrive this year. Understand your cash flow. One of the biggest causes of business failure is lack of understanding cash flow. At the end of the day, you need enough cash to pay your vendors and […]
Aiming for Financial Goals as a Couple
Aiming for Financial Goals as a Couple Published: 2/25/2025 Financial goals make it possible for you and your partner to work toward achieving your dreams. Here are several action items to create – and achieve – financial goals as a couple: Start talking sooner rather than later. Finances can be hard to talk about. People […]
High School Students! Here’s How You Can Make College More Affordable.
High School Students! Here’s How You Can Make College More Affordable. Published: 2/20/2025 With the cost of college rising rapidly, it can be overwhelming to think about how to pay your way through school for either yourself or your kids. Fortunately, saving hundreds, or even thousands, is possible. Teenagers can help keep down the cost […]
Help! My tax form is wrong!
Help! My tax form is wrong! Published: 2/17/2025 You may receive a tax document with incorrect information. You may also discover that a tax form you’re expecting was never delivered. Here are several situations you may encounter with incorrect information and what you can do about it. Situation: You receive a tax document with wrong […]
When to Consider Filing Early
When to Consider Filing Early Published: 2/13/2025 The tax filing season for 2024 tax returns is now officially open per the IRS. So when is the best time to file your tax return? Sometimes it makes sense to delay filing as long as possible, but on other occasions an early filing of your return makes […]
2025 Mileage Rates are Here!
2025 Mileage Rates are Here! Published: 2/11/2025 Mileage rates for travel are now set for 2025. The standard business mileage rate increases by 3 cents to 70.0 cents per mile. The medical and moving mileage rates stay at 21 cents per mile. Charitable mileage rates remain unchanged at 14 cents per mile. 2025 New Mileage […]
IRS Proactively Issues One Million Rebate Payments!
IRS Proactively Issues One Million Rebate Payments! Published: 2/5/2025 In late December, the IRS announced plans to issue automatic payments to eligible people who did not claim the Recovery Rebate Credit on their 2021 tax returns. The payments should be received in late January. No action is needed for eligible taxpayers to receive the credit […]
Contractor versus Employee
Contractor versus Employee Published: 2/3/2025 As informational tax forms start flowing in, you are reminded to review the forms and determine the correctness of the form. One of the keys is whether your employer (or contractor) sends you the correct form. Getting it wrong could cost you plenty in the way of Social Security, Medicare […]
Small Business: Keep Your Customers Coming Back
Small Business: Keep Your Customers Coming Back Published: 1/30/2025 Happy, satisfied customers are essential to the health of every business. Increasing competition, online review opportunities, and unlimited access to information up the ante on the importance of quality customer service. Here are some tips to help your business thrive by meeting and exceeding your customers’ […]
