by PSA CPA | Mar 4, 2026 |
Why Filing an Extension Can Be a Smart Move As tax deadlines approach, many taxpayers feel pressure to file as quickly as possible. However, filing on time should never come at the expense of accuracy. In many situations, requesting a filing extension can be a...
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 | Jan 8, 2026 |
Maryland’s PTE tax rules change in 2026. The “Resident Fix” allows significantly more federal tax savings for resident owners—but only if structured correctly. What Changed Starting January 1, 2026, Maryland PTEs can pay entity-level tax on all income allocated to...
by PSA CPA | Oct 15, 2025 |
Step 1. Get Organized & Review Your Records The best defense against a stressful tax season is a strong offense. Use this post-tax lull to establish a better system for your financial records. Organize and Store Your Tax Documents: Don’t just stuff this...
by PSA CPA | Aug 6, 2025 |
Top 7 Mistakes Startups Make with Their Finances (and How to Avoid Them) Launching a startup is exciting—but for many entrepreneurs, managing the financial side of the business can quickly become overwhelming. Without a solid financial foundation, even the most...
It’s interesting to see how Social Security benefits are taxed differently depending on income and location. I didn’t realize only…