Form 1099-K Reporting Threshold Returns to $20,000 and 200 Transactions: What You Need to Know
If you sell products, provide services, or receive payments through...
Read MoreTurning Your Home into a Rental: Tax Insights from Velin & Associates, Inc.
If selling your home quickly isn’t possible in today’s market,...
Read MoreEmployee Retention Credit (ERC) Deadlines Tighten Under the One Big Beautiful Bill: What Businesses Need to Know
The Employee Retention Credit (ERC) has been one of the...
Read MoreNew Car-Loan Interest Rules: What You Need to Know (and How It Could Affect You)
Now that the IRS and Treasury have issued Notice 2025-57...
Read MoreMissed the Tax Deadline? What Happens If You Filed Late for 2024 (and What to Do Now)
It’s October 17, 2025 — two days after the October...
Read MoreAccountable Plans: How Your Business Can Reimburse Employees (or Yourself) the Tax-Smart Way
If you run a business — whether you’re a YouTuber,...
Read MoreIRS Announces 2026 Tax Adjustments: What Creators, Small Business Owners, and High-Income Professionals Need to Know
The IRS recently released the annual inflation adjustments for tax...
Read MoreTips for California Taxpayers as the Wildfire-Extended October 15 Deadline Approaches
California taxpayers who received wildfire-related filing extensions — especially in...
Read MoreNew IRS Penalty Relief for Remittance Transfer Providers: What Businesses Need to Know
In October 2025, the U.S. Department of the Treasury and...
Read MoreCalifornia Tax Deadline Approaching: What to Do Before October 15, 2025
California taxpayers, take note: October 15, 2025, is fast approaching....
Read MoreWhy Good Bookkeeping Saves Money at Tax Time
When tax season rolls around, many business owners and self-employed...
Read MoreIRS Extends Feedback Period on Form 6765: What Businesses Need to Know About the R&D Credit
At Velin & Associates, Inc., we closely monitor tax law...
Read MoreNew Tax Benefits for Investing in Rural Opportunity Zones Under the One, Big, Beautiful Bill
The One, Big, Beautiful Bill (OBBB) has introduced important updates...
Read MoreIRS Grants Extended Tax Relief for Taxpayers Affected by Ongoing Events in Israel
The IRS has announced new tax relief for individuals and...
Read MoreCalifornia’s 2026 Market-Based Sourcing Changes: What Service Professionals Need to Know
Beginning with the 2026 tax year, California is simplifying how...
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