by Gilbert CPA | Dec 19, 2025
IRS grants employers penalty relief for 2025 tip and overtime reporting The IRS is offering employers a break for 2025, easing penalties as businesses work to comply with new reporting rules for tips and overtime pay. In Notice 2025-62, released November 5, the...
by Gilbert CPA | Dec 1, 2025
Individuals & Families: 2025 year-end tax moves As 2025 draws to a close, individual taxpayers face a familiar but evolving tax landscape. Many provisions from the Tax Cuts and Jobs Act (TCJA) have been preserved or extended under the One Big Beautiful Bill Act...
by Gilbert CPA | Dec 1, 2025
Businesses: 2025 year-end tax moves As 2025 draws to a close, business owners have more certainty regarding many tax provisions that were previously set to expire. The One Big Beautiful Bill Act (OBBBA), signed into law mid-year, preserved many provisions from the Tax...
by Gilbert CPA | Nov 4, 2025
How to Prepare for your Audit Preparing for an audit can feel overwhelming but, "Relax. We got this!" In this video, we walk you through what to expect and how to get organized so your audit process runs smoothly and efficiently. Whether it’s your first audit or...
by Gilbert CPA | Nov 3, 2025
Beyond basis: understanding at-risk limits on loss deductions Most business owners and investors are familiar with the concept of tax basis - the figure used to determine how much loss they can deduct and how distributions are treated. But basis is only part of the...
