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Nine Expenses You Can’t Deduct On Your Tax Return

January 23, 2017

If you can't prove your deductions are valid if audited, you could end up having to pay additional taxes, penalties and interest. For some expenses you can't deduct in most cases, CLICK ON THE HEADLINE

5 Signs You Need Professional Tax Help

January 9, 2017

Today's tax software can make it simple to fill out forms, but there are life circumstances when it's best to consider professional help. CLICK ON THE HEADLINE FOR MORE

Your Chances Of Being Audited By The IRS Are About To Go Up

May 9, 2016

It is estimated that the government is losing $4 billion to $5 billion a year in collections because the IRS doesn't have enough people. That's about to change. CLICK ON THE HEADLINE FOR MORE

IRS Reveals The Top Tax Scams Of 2016

April 25, 2016

Each year, the Internal Revenue Service releases a list of the "Dirty Dozen" tax scams. This year's list includes classic scams as well as some new twists. CLICK ON THE HEADLINE FOR MORE

7 Things To Do If Your Tax Refund Is Stolen

April 18, 2016

If thieves come after your tax return, experts say there are a few steps you’ll need to take to deal with the damage. CLICK ON THE HEADLINE FOR MORE

7 Money Lessons From Lottery Winners Who Lost Everything

January 18, 2016

Everyone can learn a little something from those hapless souls whose lives took a turn for the worse when their lottery dreams came true. CLICK ON THE HEADLINE FOR MORE

Recent Posts

IRS Cracks Down On Travel And Meal Deductions: What Expenses Won’t Fly In 2025October 13, 2025 - 8:25 pm
Inflated or unsupported business travel and meal write-offs could trigger audits or penalties. Experts say this move reflects the IRS’s broader effort to curb abuse of business expense claims.
New Tax Rules: Income The IRS Won’t Touch In 2025October 6, 2025 - 8:31 pm
While the OBBB tax and spending law will offer potential breaks for many, it also introduces confusion about what’s truly non-taxable. Here’s a breakdown of income the IRS won’t tax and how the new law might impact your next return.
Major 401(k) Tax Break For Certain Earners Is Coming To An EndSeptember 29, 2025 - 7:49 pm
The IRS has issued final regulations for a 2022 law, which will require high-earning workers aged 50 and up to make pre-tax catch-up contributions.
Florida Braces For Health Care Changes As Obamacare Tax Credits Set To ExpireSeptember 22, 2025 - 8:55 pm
Unless Congress steps in, the subsidies will end on December 31—leaving millions of Americans, and especially Floridians, in limbo.
IRS Issues Urgent Warning About Social Media Tax ScamsSeptember 15, 2025 - 7:28 pm
The IRS reports that misleading social media posts and self-proclaimed “tax experts” have caused widespread confusion, resulting in over $162 million in penalties and more than 32,000 enforcement actions.
Workers In 68 Jobs May Soon Be Exempt from Paying Taxes On Tips — Including Some Unexpected OnesSeptember 8, 2025 - 8:42 pm
According to the White House, the new ‘No Tax On Tips’ provision could save eligible workers around $1,300 per year. However, the value of the tax break may be limited depending on income, tip levels, and the nature of the job — particularly for those in roles not commonly associated with receiving tips.
Important IRS Update To The $7,500 EV Tax Credit DeadlineSeptember 1, 2025 - 9:18 pm
This adjustment will significantly ease pressure on buyers, manufacturers, and dealers by allowing more time for vehicle deliveries.
One Big Beautiful Bill Extends Many Business-Friendly Tax ProvisionsAugust 25, 2025 - 6:31 pm
The key provisions of the One Big Beautiful Bill Act could affect your tax planning strategy. While a few changes may increase tax liability for some, the overall impact is likely positive for many businesses.