President Donald Trump has offered a significant IRS Overhaul which will simplify and accelerate the IRS's work-in time for the 2025 tax year. His supporters point out these 2025 reforms might make...
Notably, almost one-third of all tax auditors (revenue agents) have left the agency, and some estimates suggest total layoffs could be as much as 40–50% by the end of...
This blog goes into the 2025 impact of IRS budget reductions. Let’s break down this tax revenue crisis and see what the enforcement cuts mean for your...
industry estimates indicate that as many as 90% of these small business owners never use relevant tax deductions to help lower their tax liability and thus end up paying an unnecessary amount in...
Did you know that almost 1 in 3 small business owners state that managing finances is their greatest tax season stress? The IRS says over 200 million tax returns are filed every year - many delayed...
Running a business in the USA isn’t easy, and managing finances can feel like a part of the challenge. QuickBooks Online for Business Accounting Needs promises to simplify...
This is exactly where bookkeeping and accounting come in. But what’s the difference between bookkeeping and accounting? Many business owners mix them up, thinking they’re the...
This blog explores when and how you can file business taxes on your own. Let’s understand the details of business taxes and see if you can skip hiring an accountant in...
Do you know that 30% of small businesses admit to filing taxes late because they did not know which forms to use? The IRS files over 200 million tax returns each year, a lot of them are postponed due...
