WASHINGTON — The Internal Revenue Service today announced its annual Dirty Dozen list of tax scams for 2025 with a warning for taxpayers, businesses and tax professionals to watch out for common schemes that threaten their tax and financial information. Ranging from email schemes to misleading tax credits, many of the Dirty Dozen items peak during filing… Read More

Federal Tax Brackets for 2025 vs. 2024 Standard Deduction amounts 2025 vs. 2024 Married couples filing jointly $29,200 (2024) – $30,000 for 2025 Single taxpayers and married filing separately $14,600 (2024) – $15,000 for 2025 Head of Household $21,900 (2024) – $22,500 for 2025 Additional standard deduction for over 65 or blind $1,600 Capital Gain… Read More

Here is our engagement letter for Individual Tax Preparation for 2024. Feel free to print it, and then submit it to us after signing and dating it.  Download the Engagement letter for Individual Tax Preparation for 2024… Read More

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‘Everyone wins except the IRS’ with this legal charitable donation strategy, advisor says https://www.cnbc.com/amp/2024/12/03/giving-tuesday-donate-cash.html  … Read More

Download the entire document: Am I Ready For Thanksgiving?… Read More

Kelly wants you to be aware of a new IRS Compliance Unit https://www.irs.gov/newsroom/irs-announces-launch-of-pass-through-compliance-unit-in-lbi-new-group-brings-together-teams-of-specialists-from-across-the-agency-to-tackle-large-or-complex-exams… Read More