Blogs
Tax Season Scams to Watch Out For in 2025
Tax Season Scams to Watch Out For in 2025 Every year, as tax season approaches, scammers ramp up their efforts to take advantage of busy taxpayers....
Understanding the Premium Tax Credit (PTC) and How It’s Changing After 2025
Understanding the Premium Tax Credit (PTC) and How It’s Changing After 2025 The Premium Tax Credit (PTC) is a refundable credit designed to make...
When Should You Outsource Your Accounting (and How PSA CPA Can Help)
Running a business means wearing a lot of hats—but trying to wear all of them can quickly lead to burnout. One of the first responsibilities many...
Top 7 Mistakes Startups Make with Their Finances (and How to Avoid Them)
Top 7 Mistakes Startups Make with Their Finances (and How to Avoid Them) Launching a startup is exciting—but for many entrepreneurs, managing the...
Understanding the New IRS Regulations: What They Mean for Your Business
As a business owner, staying compliant with ever-evolving tax regulations is critical—not only for avoiding penalties but also for optimizing your...
Benefit LLCs: A Smart Choice for Socially Driven Business Owners
Benefit LLCs: A Smart Choice for Socially Driven Business Owners By PSA CPA Accounting Firm For today’s entrepreneurs, success means more than just...
Bookkeeping vs. Accounting: What’s the Difference—and Which Do You Need?
Bookkeeping vs. Accounting: What’s the Difference—and Which Do You Need? When you're running a business, keeping your finances in order isn’t just...
What Is A CPA And Why Your Business Needs One
When most business owners think of a CPA (Certified Public Accountant), they immediately picture someone buried in tax returns each April. While tax...
Mid-Year Tax Planning Strategies: How to Set Your Business Up for Year-End Success
Mid-Year Tax Planning Strategies: How to Set Your Business Up for Year-End Success Effective tax planning shouldn’t wait until the end of the year....
Estate Tax Planning 101: How to Protect Your Wealth and Secure Your Family’s Future
Understanding Estate Tax Planning: Why It Matters More Than You Think When it comes to planning for the future, most people focus on retirement or...
Understanding DAO Taxes: What Maryland Investors Need to Know
The crypto world is constantly evolving, bringing new structures like Decentralized Autonomous Organizations (DAOs). If you're a Maryland investor...
Your Maryland 529 Plan: A Smart Tool for Your Education & Debt
Education is a valuable investment, and for Marylanders, managing its costs efficiently is key. While often associated with saving for a child's...
Tax Implications of Gambling
Whether you're hitting the slots in Vegas, buying scratch-offs at the gas station, or playing online poker from your couch, there's one thing all...
Understanding the Taxation of Social Security Benefits
Social Security benefits play a vital role in retirement planning for many Americans, providing financial stability during their later years....
What to Do If You Haven’t Received Your W-2 Form
When Should You Expect Your W-2? By law, employers must send out IRS Form W-2, Wage and Tax Statement, by January 31. If you had multiple employers...
Understanding the Tax Implications of Unemployment Benefits
Unemployment benefits can serve as a financial lifeline for those facing unexpected job loss. If you received unemployment compensation for the...
Understanding Business Tax Write-Offs and How They Work
Every business must file taxes, but knowing how to leverage business tax write-offs can significantly reduce your tax liability. Business tax...
Residency and Tax Benefits for Military Spouses: Understanding Your Rights
Relocating frequently is a reality for military families, bringing with it many logistical and legal challenges. Fortunately, two key laws—the...