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Stay Alert: Tax Scams Are Becoming More Sophisticated
Tax scammers are using increasingly sophisticated tactics to steal personal and financial information. Learn how to recognize common IRS scams, protect yourself from fraud, and know what to do if you receive a suspicious tax-related communication.
5 hours ago


4 Common Myths: What Every Real Estate Investor Should Know About Section 1031 Exchanges
Selling investment or commercial real estate? A Section 1031 like-kind exchange can help defer capital gains taxes, but strict IRS rules apply. Learn More.
1 day ago


Don't Treat Your Side Hustle as a Hobby
Side hustles can create valuable income, but they also come with tax responsibilities. Learn how the IRS determines whether an activity is a business or a hobby, why that distinction affects deductions, and what steps taxpayers can take to document profit motive and protect eligible write-offs.
6 days ago


Will I Pay Taxes on My Social Security Benefits?
Social Security benefits are not always tax-free. This article explains how provisional income affects the taxability of your benefits and highlights planning strategies retirees can use to better manage their tax exposure.
6 days ago


VAAS Commercial Services: Bookkeeping & QuickBooks Support
We are now offering Bookkeeping & QuickBooks support for Small Business Owners. Let’s get your finances working for you.
Jun 22


Unlock Tax Savings with a Cost Segregation Study
Commercial real estate owners may be able to unlock significant tax savings through a cost segregation study. By identifying building components that qualify for shorter depreciation periods, businesses can accelerate deductions, improve cash flow, and take advantage of enhanced depreciation benefits.
Jun 12


What Is a Small Business for Tax Purposes?
Not all businesses are classified the same for tax purposes. Learn how the IRS defines a "small business" and discover five valuable tax benefits that could help simplify accounting and reduce your tax liability.
Jun 11


ACA Penalties Still Apply — And They’re Increasing for 2026
ACA penalties for employers are still in effect and increasing in 2026. Learn when your small business becomes subject to ACA rules and how to avoid costly compliance risks.
May 21


Why Your Business Should Stay Involved in Your 401(k) Plan
Managing a 401(k) requires more than setup; business owners must regularly monitor investments, review fees, oversee administrators, and ensure regulatory compliance. Proactive reviews reduce risk and keep the plan effective for both the company and its employees.
May 20


Gift Investments, not just Cash: A Smart Way to Reduce Taxes
Transferring appreciated stock to loved ones in lower tax brackets may help reduce federal capital gains taxes. Learn how this strategy works, who can benefit, and important tax rules to consider before making a gift.
May 15


New Itemized Deduction Limits Could Increase Taxes for High-Income Earners in 2026
New tax rules taking effect in 2026 could limit the value of itemized deductions for high-income earners. Here’s what taxpayers should know now and the planning opportunities to consider.
May 11


Businesses Should Prepare for New Information Reporting Rules in 2026
Several new information reporting changes are taking effect for businesses in 2026, including updated payroll reporting requirements and higher Form 1099 thresholds. Here’s what employers and business owners should know to stay prepared and compliant.
May 11


You May Need to Adjust your Tax Withholdings
If you receive a big refund or owe a lot at tax time, your withholding may need to be adjusted. Discover how to make your 2026 taxes match what you really owe.
May 5


What to Do After Filing Your 2025 Tax Return
Filing your tax return is only the first step. Learn how to check your refund, consider amending your return, organize records, and start planning for 2026 taxes.
May 4


Business Gift Deductions and What you Need to Know
Discover the $25 Rule, exceptions for gifts to businesses and married couples, and tips for recordkeeping to make your business gifts both meaningful and tax-efficient.
Apr 24


2026 Individual Tax Calendar: Key Deadlines for the Remainder of 2026
Review key tax deadlines beyond the April 15th deadline. Keeping up with these deadlines can significantly impact your tax situation.
Apr 21


How to File an Amendment on your Tax Returns
Mistakes on a tax return aren’t the end of the world. Learn how to amend a previously filed return, when it’s necessary, and what steps to take to ensure corrections are handled properly and efficiently.
Apr 20


Tax Implications of NIL (Name, Image, Likeness) for Student-Athletes
NIL has opened the door for college athletes to earn money through endorsements, social media, and brand deals. Learn NIL basics, tax rules, and smart money tips for college athletes and parents.
Apr 16


It's Time to Separate your Business from its Real Estate
Holding real estate separately from your business brings benefits like liability protection, tax savings, and estate planning options. This article explains why owners choose this approach, how it works, and if it's suitable for your business.
Apr 15


Family Tax Credits: What Parents Need to Know for 2025
Raising a family is expensive; however, there are tax credits designed for families to make things easier. Discover the 2025 credits available for children, adoption, dependents, and education.
Apr 13
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