What is an Excess IRA Contribution?
An excess IRA contribution occurs when you deposit more into...
Read MoreInterest rates remain the same for third quarter of 2025
IR-2025-59, May 12, 2025 The Internal Revenue Service announces that...
Read MoreYour Platform Sent You a 1099-K. Now What?
A 2025 Tax Guide for YouTubers, TikTokers, Amazon Sellers, and...
Read MoreWhat Creators Should Do After Tax Season: 5 Smart Moves to Start Now
Tax season is over — but if you’re a YouTuber,...
Read MoreTraditional IRA vs. Roth IRA: Which One Should You Choose?
Our previous article was about how planning for retirement isn’t...
Read MoreThink Retirement Is Too Far Off to Plan For? Think Again—2025 Changes You Need to Know
Planning for retirement isn’t just about the future—it’s about making...
Read MoreHow Payroll Taxes Affect Your Bottom Line
As a business owner, payroll isn’t just about writing checks—it’s...
Read MoreMaximizing Deductions: Smart Strategies for Small Business Owners
When it comes to running a small business, every dollar...
Read MoreThe Pros and Cons of Outsourcing Your Accounting: What Business Owners Need to Know
Managing your business’s accounting can be overwhelming—especially when you’re also...
Read MoreWhat to Do When Your Business is Facing Financial Trouble: A Tax Perspective
Running a business comes with inevitable ups and downs. When...
Read MoreBreaking Down Your Business’s Financial Statements
If you’re a business owner, understanding your financial statements is...
Read MoreHow to Avoid IRS Audits: Common Tax Mistakes to Watch For
Nobody wants a letter from the IRS saying, “You’re being...
Read MoreWhy Accurate Bookkeeping is the Key to Business Success
At Velin & Associates, Inc., we believe that accurate bookkeeping...
Read MoreThe Future of Tax Filing: Why Human Expertise Still Matters in the Age of AI
As artificial intelligence (AI) and automation continue to reshape the...
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