by angieduran | Oct 3, 2025 | Uncategorized
For many taxpayers, receiving a letter from the IRS can feel intimidating. The envelope arrives with the IRS seal, and immediately, worry sets in: Did I make a mistake? Am I in trouble? The truth is, IRS notices aren’t uncommon, and most of them can be resolved fairly...
by angieduran | Sep 29, 2025 | Uncategorized
Are you age 50 or older? You’ve earned the right to supercharge your retirement savings with extra “catch-up” contributions to your tax-favored retirement account(s). And these contributions are more valuable than you may think. IRA contribution amounts For 2025,...
by angieduran | Sep 29, 2025 | Uncategorized
Operating a construction business requires actively and comprehensively addressing workplace safety. The well-being of your employees depends on how successfully leadership creates, deploys and upholds comprehensive policies and procedures for a safe work environment....
by angieduran | Sep 22, 2025 | Uncategorized
For years, employer-provided meals — such as free lunches, breakroom snacks, and food offered to staff working late shifts or overtime — enjoyed fairly beneficial tax treatment. However, for most organizations, the tax rules will tighten considerably beginning in...
by angieduran | Sep 17, 2025 | Uncategorized
In a 2024 National Association of Manufacturers (NAM) survey, 93% of respondents who operate as pass-through entities stated that the impending expiration of the Section 199A qualified business income (QBI) deduction would negatively impact their ability to grow,...
by angieduran | Sep 16, 2025 | Uncategorized
Before the One Big Beautiful Bill Act (OBBBA), tip income and overtime income were fully taxable for federal income tax purposes. The new law changes that. Tip income deduction For 2025–2028, the OBBBA creates a new temporary federal income tax deduction that can...
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