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…
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…
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…
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…
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…
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…
Volume 11 Issue 6, Blog, eNewsletter
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…
Volume 11 Issue 6, Blog, eNewsletter
The Employee Retention Credit (ERC) was introduced as a part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020 to help businesses keep employees on their payroll…
Volume 11 Issue 6, Blog, eNewsletter
Dealing with the IRS can be a daunting experience, especially when you receive an audit notice. Understanding the different types of IRS audits and what each entails can help you…
Volume 11 Issue 6, Blog, eNewsletter
Proper accounting is the backbone of any successful small business. It ensures that your financial records are accurate, helps you make informed decisions, and keeps you compliant with tax regulations….
