Planning for Q3 Estimated Taxes: What to Know Before You Pay
Tracy Mathews Tracy Mathews

Planning for Q3 Estimated Taxes: What to Know Before You Pay

For many self-employed individuals and small business owners, quarterly estimated taxes are a constant part of life. But let’s be honest—Q3 payments can feel especially challenging. You’re deep into the year, often focused on summer travel, client work, or trying to recover from Q2 chaos. But skipping Q3 or underpaying can lead to penalties that really sting come tax time.

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2024 Tax Season Recap: Key Takeaways for Tax Pros and Taxpayers
Tracy Mathews Tracy Mathews

2024 Tax Season Recap: Key Takeaways for Tax Pros and Taxpayers

As we officially wrap up the 2024 tax season, it’s the perfect time to look back and reflect on what we learned—both as tax professionals and everyday taxpayers. Each filing season brings new rules, surprises, and opportunities for growth. This year was no different.

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Understanding the Latest Beneficial Ownership Information (BOI) Reporting Updates
Tracy Mathews Tracy Mathews

Understanding the Latest Beneficial Ownership Information (BOI) Reporting Updates

The Corporate Transparency Act (CTA) has brought significant changes to how businesses report their Beneficial Ownership Information (BOI). If you own or operate a small business, you may be required to report key ownership details to the Financial Crimes Enforcement Network (FinCEN). Failing to comply could lead to penalties, so staying informed is crucial.

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Spotlight on the 1099-DA: What You Need to Know
Tracy Mathews Tracy Mathews

Spotlight on the 1099-DA: What You Need to Know

The tax landscape is evolving, and one major change on the horizon is the introduction of the 1099-DA form. Starting in 2026, this new requirement will affect taxpayers and businesses dealing with digital assets. Here’s what you need to know to stay ahead of the curve.

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Maximizing Your Year-End Tax Savings: Tips for Individuals
Tracy Mathews Tracy Mathews

Maximizing Your Year-End Tax Savings: Tips for Individuals

As the year draws to a close, now is the time to review your finances and take advantage of year-end tax strategies. Whether you are looking to reduce your taxable income or maximize deductions, these tips can help you save money come tax season.

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