IRS to Make Direct File Permanent for 2025 Tax Season

IRS to Make Direct File Permanent for 2025 Tax Season

For taxpayers seeking a simpler, no-cost way to file their federal tax returns, the IRS is making a significant move. After a successful pilot program, Direct File will become a permanent option starting in the 2025 tax season. This option, which allows for free, easy...
Understanding Schedule C: A Tax Guide for the Self-Employed

Understanding Schedule C: A Tax Guide for the Self-Employed

Self-employment offers many benefits, but it also brings additional tax responsibilities. One of the key forms you’ll need to file as a sole proprietor or single-member LLC is Schedule C, which reports your business’s profit or loss. What is Schedule C? Schedule C,...
Protecting Against Tax Scams: Be Vigilant

Protecting Against Tax Scams: Be Vigilant

As digital threats evolve, we face increasing risks from scams, even outside of the traditional tax season. It’s crucial to stay informed and build defenses against these cyberattacks. Some Key Issues Include: E-Signatures: While convenient, e-signature software can...

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