Essential Tax Season Preparation Tips for 2025

tax season preparation tips

Tax season is upon us once again, and while it may seem daunting, being prepared can transform what is often considered a stressful period into an opportunity for financial clarity and smart planning.  Whether you’re an individual taxpayer, a freelancer, or a business owner, knowing the latest updates, organizing your documents, and understanding the new […]

IRS PUTS A HALT TO ERC APPLICATIONS FOR NOW!

Well hello!  We focus on resolving tax issues in Eastern Prince William County and throughout the lower Northern Virginia area. The Internal Revenue Service (IRS) has taken action to address concerns about improper Employee Retention Credit (ERC) claims and to protect honest small business owners from scams. Here are the key points from the IRS […]

LOOK, MORE FILING REQUIREMENTS FOR SMALL BUSINESS OWNERS!

Well hello!  We focus on resolving tax issues in Eastern Prince William County and throughout the lower Northern Virginia area. Beginning on January 1, 2024, many companies in the United States will have to report information about their beneficial owners, i.e., the individuals who ultimately own or control the company. They will have to report […]