Could your overtime soon be tax-free? A new proposal aims to put more money in workers' pockets by eliminating federal income tax on overtime pay. It’...
New 'Super' Catch-Up Contributions Now Available for Ages 60–63
As of 2025, workers aged 60–63 can make up to $11,250 in catch-up contributions to 401(k)s—thanks to a new rule under the SECURE 2.0 Act. It's a power...
Gambling can be an exciting pastime for some, but many overlook the tax consequences. The IRS considers all gambling winnings taxable income, and rece...
Tax Season Scam Alert: Protect Yourself from IRS Impersonation Fraud
Scammers are getting smarter—and tax season is prime time for fraud. Learn how to spot IRS impersonation scams, protect your personal information, and...
Former President Trump is renewing his push to eliminate federal income tax on tips, a move that could significantly impact millions of service indust...
What Trump’s Immigration Crackdown Means for Business Owners
The Trump administration has intensified immigration enforcement, and business owners need to pay attention. A recent article from the St. Louis Busin...
Drive Like a Pro: Racing Techniques for Safer Streets
Racecar drivers make split-second decisions to stay safe and in control—now you can too! Learn how situational awareness, smart focus, and smooth driv...
The Real Cost of Cheap Bookkeeping: Lessons from Bench's Abrupt Shutdown
When Bench suddenly closed—to be acquired by Employer.com—small businesses got a hard lesson in the risks of low-cost bookkeeping. Learn to protect yo...
2025 Pay Transparency Laws: What Small Businesses Need to Know
If your business has fewer than 100 employees, upcoming pay transparency laws could sti...
A QSEHRA allows small businesses to reimburse employees for medical expenses, including health insurance premiums, on a tax-free basis. Here's how to...
Holiday Gifts That Offer Tax Benefits for You and Your Loved Ones
The holiday season is a time of giving, and while the joy of gifting is often its own reward, there are ways to make your generosity even more impactf...
Don't Leave Money on the Table: Essential Tax Credits You Might Be Missing
As tax preparers, we often encounter clients who are confused about the various tax credits available to them. Understanding these credits can signifi...
Top Year End Tax Strategies to Boost Your Business Bottom Line
As the year draws to a close, small business owners have a unique opportunity to implement strategies that can significantly reduce their tax liabilit...