by PSA CPA | Oct 9, 2025 |
Major Tax Savings: A Guide to Immediate Business Write-Offs As your business grows, so does your opportunity for major tax savings. The recent passage of the One Big Beautiful Bill Act (OBBBA) has created powerful incentives to invest in your company right now, using...
by PSA CPA | Oct 9, 2025 |
1. Mixing Business and Personal FinancesThis is perhaps the most fundamental and frequent error for sole proprietors and small businesses. Using your personal bank account for business expenses or vice-versa creates a MESSY financial picture that’s nearly...
by PSA CPA | Oct 1, 2025 |
Expiring Credits and Deductions Energy efficient home improvement credit (Section 25C) will not be allowed for any property placed in service after December 31, 2025 Residential clean energy credit (Section 25D) will not be allowed for any expenditures made after...
by PSA CPA | Oct 1, 2025 |
The IRS is issuing a major warning about a rise in fraudulent tax scams spreading on social media. These schemes, promoted by scammers posing as tax experts, are tricking people into filing false claims for tax credits they don’t qualify for, such as the Fuel...
by PSA CPA | Sep 26, 2025 |
Meaning… In the simplest terms, cryptocurrency is a form of digital money. But unlike the money in your bank account, which is controlled by a central bank and a government, crypto is decentralized. This means it doesn’t rely on any single bank or...
It’s interesting to see how Social Security benefits are taxed differently depending on income and location. I didn’t realize only…