by Edwin del Carpio | Feb 6, 2025
Effective High-Income Tax Strategies in 2025 High-income taxpayers face additional tax considerations, including higher tax rates, deduction phaseouts, and investment income taxes. Proper planning is essential to minimize tax liabilities and take advantage of... 
by Edwin del Carpio | Feb 6, 2025
How to Maximize Your Education Tax Benefits in 2025 Education is an investment but can also provide valuable tax benefits that reduce your financial burden. Whether paying for tuition, student loan interest, or saving for future education expenses, understanding the... 
by Edwin del Carpio | Feb 5, 2025
LLC Formation and Taxation: Everything you need to know in 2025 A Limited Liability Company (LLC) is one of the most popular business structures due to its flexibility, liability protection, and tax advantages. Whether you’re a single-member LLC or a multi-member LLC,... 
by Edwin del Carpio | Feb 5, 2025
Essential 1099-MISC & 1099-NEC Reporting Guidelines for 2025 Accurate 1099-MISC and 1099-NEC reporting is critical for businesses that pay independent contractors, vendors, and service providers. The IRS requires specific reporting based on the payment type, and... 
by Edwin del Carpio | Feb 5, 2025
Understanding the Tax Implications of Employing Family Members Hiring family members can offer both financial and tax advantages, but it’s essential to understand how employment tax rules apply. Whether you’re employing a child, spouse, or parent, payroll tax...
