Author name: Cecilia Gulizia

Navigating the U.S. tax system can be complex, particularly when understanding critical concepts like Adjusted Gross Income (AGI), Modified Adjusted Gross Income (MAGI), and Taxable Income. These definitions impact your tax liability and eligibility for various deductions and credits, playing a pivotal role in financial planning. Empower yourself with the knowledge to make informed tax decisions by decoding these essential terms in our latest article.

When market conditions change and unforeseen events test your business’s resilience, having a structured risk management process in place helps you respond with agility and foresight. This guide outlines practical steps for identifying financial vulnerabilities, selecting the right mitigation strategies, and adapting as risks evolve. With the right approach, you’ll not only defend against setbacks but also set the stage for steady, long-term growth.

Beginning in tax year 2024, eligible Nebraska families may qualify for a refundable tax credit if they incur expenses for child daycare.

The reinstated injunction on the Corporate Transparency Act (CTA) halts enforcement, but uncertainty remains. Learn what beneficial ownership information (BOI) your business needs to gather and why staying connected with your CPA is essential to navigating this shifting legal landscape.

The Corporate Transparency Act, designed to prevent financial crimes, is back in effect after the lifting of an injunction. This article outlines recent developments and provides updated deadlines for Beneficial Ownership Reporting to help businesses stay compliant.

Significant changes to the IRS’s 1099-K reporting thresholds are on the horizon, affecting anyone who uses payment apps or online marketplaces. Starting in 2024, more of your transactions could be reported to the IRS, potentially impacting your tax obligations. Find out what these updates mean for you and how to navigate the new requirements.

Learn about President-elect Trump’s proposed tax changes and how they could affect your financial strategy. This nonpartisan article discusses the potential impacts of extending and expanding the Tax Cuts and Jobs Act of 2017, among other proposed changes. Stay informed about potential tax changes and learn how to prepare for them.

The Corporate Transparency Act (CTA) is facing significant legal challenges, leading to a temporary halt in its enforcement. This development has created uncertainty for businesses that are required to disclose beneficial ownership information. Learn about the court ruling and how to navigate the evolving situation.

Your business, in all likelihood, already faces numerous challenges in today’s tech-driven world. 
However, the aftermath of an unexpected disaster can push your organization to breaking point. This 
unintentionally creates opportunities for cybercriminals to launch devastating attacks, amplifying 
the chaos caused by such events.

As the year-end approaches, it’s time to for strategic tax planning. From assessing your current tax situation and understanding deductions to maximizing retirement contributions and managing investment gains, this guide offers valuable insights to help minimize your tax burden.