The Most Common Tax Filing Mistakes (And How to Avoid Them)
Filing taxes can be confusing, and even a small mistake can lead to delays, penalties, or extra stress. Here are…
What You Need to Know When You’re an Independent Contractor and Filing Taxes
Being an independent contractor comes with a unique set of responsibilities, especially when it comes to taxes. Unlike traditional employees,…
IRS Names Third Acting Commissioner in One Week Amid Internal Power Struggle
The Internal Revenue Service (IRS) has a new acting commissioner: Michael Faulkender. He’s the third person to take over the…
What You Need to Know Before Tax Day 2025
Tax season is here, and it’s important to know when everything is due. For both federal taxes (IRS) and California…
Will California Join Other States in Offering Tax Exemptions to Veterans?
For many years, California has debated whether to provide tax exemptions for military retirement income, similar to other states. After…
IRS Tax Forms 1120 and 1120S: A Complete Guide
In the United States, corporations must file specific tax forms that detail their financial activity throughout the fiscal year. The…
The Essential Checklist for Filing Your Nonprofit’s IRS Form 990
Form 990 is an essential tax document that the Internal Revenue Service (IRS) requires nonprofit organizations to file annually. This…
What Every Employer Must Know About Filing Form 941
IRS Form 941, also known as the “Employer’s Quarterly Federal Tax Return,” is a form that most employers must file…
Rising Refunds: Average Tax Refunds Increase by 7.5% in Early 2025
The Internal Revenue Service (IRS) is currently experiencing a challenging period filled with publicly discussed issues such as significant job…
IRS Scam Alert: How to Spot Fraudulent Calls and Protect Your Information
Recent headlines have sparked alarm with news that as many as 15,000 Internal Revenue Service (IRS) employees could face layoffs.…