Why Did I Owe Taxes This Year? Common Reasons for a Surprise Tax Bill 
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Why Did I Owe Taxes This Year? Common Reasons for a Surprise Tax Bill 

Jul 4, 2025

Key Takeaways:   Unexpected tax bills often result from not updating your W-4 form after major life changes or income shifts, causing insufficient withholding during the year.  Multiple income sources...

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How to Track Business Expenses for Taxes
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How to Track Business Expenses for Taxes

Jul 3, 2025

Key Takeaways:  Tracking business expenses helps reduce taxable income and ensures IRS compliance.  Deductible expenses must be “ordinary and necessary” as defined by the IRS.  Common business expenses include office...

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Understanding IRS NFT Reporting Requirements and Compliance 
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Understanding IRS NFT Reporting Requirements and Compliance 

Jul 1, 2025

Key Takeaways:  The IRS classifies NFTs as digital assets and requires brokers to report NFT transactions under new tax rules beginning with the 2025 filing season.  Form 1099-DA is mandatory...

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