small business CPA is a financial professional with expertise in handling accounting, tax, and financial planning. Explore why every small business needs a CPA

The federal estate tax exemption 2025 is $13.99M per individual and $27.98M for couples. Inflation adjustments help families preserve wealth, protecting assets like businesses and property for future generations.

Lifetime Learning Credit is a federal tax credit to help with education cost. Taxpayers can claim 20% of the first $10,000 in qualified educational expenses.

You can claim your wife as a dependent: No, you can’t. Even if you provide 100% support, the IRS doesn’t classify your spouse as a dependent.

Finding out that you owe a lot in taxes can be a frustrating and confusing experience, especially if you were counting on a refund. Common reasons why do I owe so much in taxes

Learn the eligibility for the 2024-2025 Child Tax Credit and when to expect your refund. Get up to $2,000 per child, with $1,700 potentially refundable

Learn about IRS Form W-3, its purpose, and how to file it correctly. Essential for businesses, this guide covers key instructions for accurate W-3 Form submission.

Filing jointly offers wider tax brackets and bigger deductions, impacting your tax bill and financial health. Should I file jointly or separately?

Form 1099 is for used to report payments or income that are not from the employer. The primary purpose of these forms is to ensure that all sources of income are reported to the IRS, thereby facilitating accurate tax reporting and compliance.

If you have a bussiness that have totlay payment of 600$ you have to file Form 1099-NEC. Form 1099-NEC plays a crucial role for businesses and self-employed individuals