IRS Offers 2025 Penalty Relief for Employers on New Tip and Overtime Reporting Rules
The Department of the Treasury and the Internal Revenue Service...
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The One Big Beautiful Bill Act has introduced a new...
Read MoreOBBB Tax Changes 2025-2026: A Guide for Los Angeles Professionals
The One, Big, Beautiful Bill (OBBB) recently introduced several important...
Read MoreCalifornia’s New Alimony Tax Rules: What SB 711 Means for 2025 and Beyond
If you’re a Los Angeles professional — a doctor, dentist,...
Read More📅 Missed the 2025 Tax Filing Deadline? Here’s What Happens Next and How to Fix It
If you didn’t file your 2025 tax return by October...
Read MoreCalifornia’s New Retirement Contribution Deduction Conformity: What It Means for You
If you’re a professional in Los Angeles — whether a...
Read MoreNew Car‐Loan Interest Deduction & Reporting Rules: What You Should Know
If you’re thinking of buying or refinancing a car, or...
Read MoreFringe and Benefits Plan Updates for 2026: What Los Angeles Employers and Professionals Need to Know
As 2026 approaches, several important updates from the federal budget...
Read MoreYear-End Tax Planning for 2025: What Los Angeles Professionals Should Do Before December 31
As 2025 draws to a close, it’s time for professionals...
Read MoreForm 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,...
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