by Bronswick Benjamin | Oct 16, 2024 | Blog
The Internal Revenue Service (IRS) has announced the annual inflation adjustments for tax year 2025, affecting numerous tax provisions that will impact taxpayers when filing their returns in 2026. This comprehensive update includes changes to standard deductions,...
by Bronswick Benjamin | Sep 11, 2024 | Blog
When you schedule a meeting with a CPA, you’re already making a smart move toward better financial management. But to get the most value for your time, it helps to come prepared. By addressing key topics, you’ll be better positioned to make informed...
by Bronswick Benjamin | Aug 7, 2024 | Blog
Most businesses will eventually encounter a customer debt that becomes wholly or partially uncollectible despite every effort to collect. While dealing with bad debts can be a nuisance, there’s a silver lining: in some cases, these losses can be...
by Bronswick Benjamin | Jul 17, 2024 | Blog
One of the most common questions taxpayers have about IRS audits is, “How far back can the IRS audit me?” Understanding the statute of limitations and the circumstances that may extend this period is crucial for maintaining proper tax records and ensuring...
by Bronswick Benjamin | Jun 12, 2024 | Blog
We’ve all seen those eye-catching pop-up ads while browsing the web: “Discover the One Major Tax Trick the IRS Hates!” Most of us recognize such blatant clickbait and either avoid clicking or take the content with skepticism. However, not all...
by Bronswick Benjamin | May 15, 2024 | Blog
The Tax Cuts and Jobs Act (TCJA) introduced many changes in late 2017, but many provisions were temporary, with an approaching expiration as early as January 1, 2026. The good news is that not everything will change. One of the most significant and lasting...
