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The Ultimate 2024 Tax Filing Guide (Filing 2025)

Navigating tax season can be daunting, but with the right information, you can file confidently. This guide breaks down everything you need to know for the 2024 tax year (filing in 2025), from income thresholds to filing options and avoiding common mistakes.

Business Owners: How to Stay Compliant with BOIR and Avoid Penalties

The Beneficial Ownership Information Report (BOIR) is a crucial part of the Corporate Transparency Act (CTA) that all U.S. businesses must comply with. Failure to file BOIR can lead to costly penalties — here's how to stay compliant.

Understanding Section 179: Tax Benefits for Businesses

Section 179 of the IRS code allows businesses to deduct the full purchase price of qualifying equipment and software purchased or financed during the tax year. This deduction helps businesses reduce their taxable income, offering immediate tax relief and encouraging investment.

Navigating the Visa and Mastercard Settlement: How to Report Your Earnings

This guide outlines the key steps to report your earnings on your taxes and successfully navigate the Visa and Mastercard claims process.

Understanding IRS Passport Revocation or Denial for Unpaid Taxes

If you owe over $64,000 in unpaid taxes, the IRS may certify your debt to the State Department, leading to passport denial or revocation. Read how to resolve this.

How Does the ERTC Work: Understanding the Employee Retention Tax Credit

In the ever-evolving landscape of business incentives, understanding the mechanisms behind the Employee Retention Tax Credit (ERTC) can be a game-changer.