by PSA CPA | Feb 25, 2026 |
Recent federal tax changes have increased the SALT (State and Local Tax) deduction cap for certain taxpayers. For many homeowners and higher-income households across the D.C., Maryland, and Virginia region, this update may create new opportunities to reduce taxable...
by PSA CPA | Feb 18, 2026 |
Nonprofit Financial Readiness: Practical Steps to Stay Compliant For many nonprofit owners, financial compliance can feel overwhelming. In reality, readiness is not about scrambling at year-end. It is about maintaining strong financial systems throughout the year....
by PSA CPA | Feb 12, 2026 |
Federal tax law continues to evolve, and the One Big Beautiful Bill Act (OBBBA) represents one of the most comprehensive updates since the Tax Cuts and Jobs Act of 2017. For individuals and business owners working with a Maryland CPA or seeking Maryland tax planning,...
by PSA CPA | Aug 13, 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. In fact, the IRS warns that tax-related scams tend to spike between January and April, when individuals and businesses...
by PSA CPA | Aug 13, 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 health insurance more affordable for individuals and families. It works by limiting the percentage of your household income...
It’s interesting to see how Social Security benefits are taxed differently depending on income and location. I didn’t realize only…