Blog
Why Updating Beneficiaries is Crucial After Life Changes
In the realm of estate planning, naming beneficiaries is a critical step that ensures your assets are distributed according to your wishes after your passing. However, the process doesn’t end…
BOI Update
On February 18, 2025, the U.S. District Court for the Eastern District of Texas reinstated the beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act. For the majority…
The Key Differences Between Traditional and Roth IRAs You Need to Know
Individual Retirement Accounts (IRAs) are essential tools for retirement planning, offering tax advantages that can help you grow your savings over time. Two of the most popular types of IRAs…
Essential Tax Credits Every Parent Should Know About
Parents have special tax situations and benefits. Tax breaks for parenting expenses can result in a lower tax bill and a higher refund. Here are some key things new parents…
Start Off on the Right Foot for the 2025 Tax Year
Individuals and small businesses should consider various ways of starting off on the right foot for the 2025 tax year. W-4 Updates – If you are employed, then your employer…
BOI Injunction
On Tuesday December 3, 2024, Judge Amos L. Mazzant III of the US District Court of the Eastern District of Texas, issued a nationwide injunction which preliminarily blocks the initial…
Submission of Beneficial Ownership Information (“BOI”) to FinCEN
The Corporate Transparency Act requires many small businesses to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). Both domestic and foreign reporting entities are required…
Lutz, Selig & Zeronda, LLP recognizes Melissa
At Lutz, Selig & Zeronda, LLP, we take pride in recognizing the achievements of our team members. As a Senior Associate at Lutz, Selig & Zeronda, LLP, Melissa Badon, CPA…
Boost Your Income: How Renting Your Vacation Home Can Maximize Your Earnings and Minimize Your Taxes
Owning a dwelling unit that is used as a vacation home can be a dream come true, offering a personal retreat and potential rental income. However, the tax implications of…
Zero-Based Budgeting: The Bold Way to Stop Wasting Money and Start Growing
Picture this: You’re hunched over last year’s budget, crossing out line items you think you can live without. And then what happens? The same stuff makes it back on the…