IRS 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...
Read MoreHow to Track Expenses to Maximize Deductions
Maximizing your tax deductions begins with one simple but powerful...
Read MoreIRS to Phase Out Paper Tax Refund Checks
The IRS has announced a major change: starting September 30,...
Read MoreIRS Releases Draft 2026 W-2, W-4, and New Schedule 1A: What It Means for Taxpayers
The IRS has released draft versions of key 2026 tax...
Read MoreCalifornia Expands Wildfire Settlement Tax Relief: What Taxpayers Need to Know
Wildfires have become a recurring challenge in California, leaving behind...
Read MoreSupporting Vehicle Expenses in an IRS Audit: How to Use a 90-Day Sample
When it comes to deducting vehicle expenses, everyone loves to...
Read MoreIRS Issues Guidance on “No Tax on Tips” Rule: What Workers and Businesses Need to Know
The recently passed One, Big, Beautiful Bill brought sweeping changes...
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