Seniors Could Save Thousands with This New Tax Deduction in 2025
If you’re 65 or older, there’s a brand-new tax break that could put real money back in your pocket over the next few years—thanks to the One Big Beautiful Bill. It’s called […]
Permanent Tax Code Changes You Need to Know: What the Big Beautiful Bill Locked In
Big news for taxpayers: Several major provisions from the 2017 Tax Cuts and Jobs Act (TCJA) have just been made permanent, thanks to the recently signed Big Beautiful Bill. These changes impact […]
Breaking Down the One, Big, Beautiful, Bill: Bonus Depreciation Changes
The “Big Beautiful Bill,” signed into law last month, has stirred up major discussion in policy and business circles—and for good reason. Among its many provisions, one of the most impactful is […]
Breaking Down the One Big Beautiful Bill: What it means for your wallet
President Trump’s “Big Beautiful” Bill is officially law, signed on July 4th. But despite the fanfare, most Americans won’t feel the effects immediately. While a few provisions are already in effect, many […]
IRS Penalties for Late or Insufficient Tax Payments: What Business Owners Need to Know
Failing to file or pay your taxes on time can result in costly penalties and interest from the IRS—costs that can quickly snowball if left unaddressed. Whether you’re a business owner or […]
2025 IRS 1099 Filing Rules for Business Owners
Each tax season, one question always comes up from business owners: “Do I need to file a 1099 for this vendor?” Even seasoned entrepreneurs find the rules confusing. If you’ve ever been […]
Out-of-Pocket Health Insurance Tax Deduction Misconception
Think your out-of-pocket health expenses are fully tax-deductible? Not so fast! Myth: Every dollar I spend on health insurance reduces my taxes.Reality: You only get a deduction if you itemize and your […]
IRS to Send Automatic Payments to Eligible Taxpayers Who Missed Recovery Rebate Credit
Hey, taxpayers! Big news from the IRS! If you missed claiming the Recovery Rebate Credit on your 2021 tax return, you could be getting money sent your way; automatically! Here’s what you […]
What Happens if Trump Takes Away the IRS?
Nobody enjoys paying taxes, and let’s face it; most people aren’t exactly fond of the IRS either. But we’ve always heard that the only certainties in life are death and taxes. So, […]
CFO of Paragon Accountants, Erica Martinez, releases a children’s book: “What Are Taxes?”
Bordista Press’ New Children’s Book “What Are Taxes?” Makes Financial Literacy Fun for Elementary Students In a world where money matters in everything we do, a new children’s book is helping kids […]
What Happens When You Change Tax Brackets in California?
Ever wondered what it really means to move into a higher tax bracket in California? Let’s break it down—because understanding how the state’s tax system works can help you make smarter financial […]
The IRS and How They’re Using AI: A New Era of Tax Enforcement
The IRS is stepping into the future—and AI is leading the charge. But as artificial intelligence becomes a bigger part of tax enforcement, the big question is: Is this a win for […]