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Getting a message from the IRS—especially out of the blue—can make anyone nervous. Unfortunately, there are scammers who are experts at pretending to be IRS agents. Learning how to recognize the difference between legitimate IRS outreach and a scam attempt is essential for keeping your sensitive information and finances safe. Below, you’ll discover key tips […]

The IRS is set to experience significant budget and staffing reductions between fiscal years 2025 and 2026, according to the Treasury’s annual Congressional Budget Justification released on May 30. The agency’s budget is projected to decrease by 37%, while its workforce is expected to shrink by 20% during the same period. The report indicates that […]

The IRS is set to experience significant budget and staffing reductions between fiscal years 2025 and 2026, according to the Treasury’s annual Congressional Budget Justification released on May 30. The agency’s budget is projected to decrease by 37%, while its workforce is expected to shrink by 20% during the same period. The report indicates that […]

For many small business owners and self-employed individuals in Miami, using a vehicle for business is a necessity. Understanding how to properly write off vehicle expenses can lead to significant tax savings. This post will guide you through the process of claiming vehicle expenses on your taxes, ensuring you get the most out of your […]