Tag: IRS

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Understanding the IRS and the U.S. Tax System: A Beginner’s Guide

U.S. Tax System: Taxes are a fact of life in the U.S., but the system doesn’t have to feel overwhelming. This guide will break...

C Corp to S Corp Transition: Tax Considerations You Need to Know Before Making the Switch

C Corp to S Corp Transition: Thinking of switching your business structure from a C Corp to an S Corp? You're not alone! Many...

IRS Stimulus Checks May 2024: Which States Are Sending Payments?

IRS Stimulus Checks May 2024: In response to the COVID-19 pandemic, many states, along with the federal government, gave money to people to help...

IRS Tax Tips: Emergencies, Disaster Relief, and Protecting Your Financial Records

IRS Tax Tips for Emergency: Disasters can happen suddenly, causing a lot of chaos and problems. For businesses, being ready for emergencies is super...

$2400 Stimulus Checks May 2024: Eligibility, Payment Dates & Facts

$2400 Stimulus Checks May 2024: In May 2024, the Internal Revenue Service (IRS) is set to distribute a $2400 monthly stimulus check as part...

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Real Estate Tax Deductions: Repairs vs Improvements Explained

Real estate tax deductions can significantly reduce your taxable...

Trump sues IRS, Treasury Department $10 billion for tax return leak

On January 29/30, 2026, former U.S. President Donald J....

Form 1099-NEC and Reporting Nonemployee Compensation

Form 1099-NEC plays a critical role in U.S. tax compliance...

IRS faces stiff challenges in 2026 tax season due to new laws

As the 2026 U.S. tax filing season officially got...

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