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Tax Insights

Explore expert blogs, guides, and advice tailored for small business owners and individuals.

IRS Red Flags in 2025: What Triggers an Audit Now?
Tax Compliance, Small Business Taxes, Audit Defense, Tax Planning, Tax Audits & Compliance, Tax Law Changes, Business Tax Guidance, IRS Updates Paul Armstrong Tax Compliance, Small Business Taxes, Audit Defense, Tax Planning, Tax Audits & Compliance, Tax Law Changes, Business Tax Guidance, IRS Updates Paul Armstrong

IRS Red Flags in 2025: What Triggers an Audit Now?

The IRS audit rate may be low, but certain red flags dramatically increase your chances of scrutiny. From unreported income discrepancies to excessive business deductions, understanding what triggers audits in 2025 helps you file confidently and avoid costly complications.

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5 Common Tax Mistakes High-Income Professionals Make — And How to Avoid Them
Tax Planning, Professional Services, Small Business Paul Armstrong Tax Planning, Professional Services, Small Business Paul Armstrong

5 Common Tax Mistakes High-Income Professionals Make — And How to Avoid Them

High-income professionals often leave thousands on the table due to preventable tax mistakes. From overlooking retirement plan limits to poor entity structure choices, these costly errors can significantly impact your wealth. Discover five common pitfalls and actionable strategies to maximize your tax savings.

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Navigating the New 1099 NEC Audit Landscape for Gig Workers
Taxes for Freelancers, IRS Audit Preparation, Gig Economy Tax Tips, 1099 Filing Guidance, Self-Employment Taxes, Record-Keeping Strategies, Tax Deductions, Tax Compliance for Freelancers, Financial Management for Freelancers Paul Armstrong Taxes for Freelancers, IRS Audit Preparation, Gig Economy Tax Tips, 1099 Filing Guidance, Self-Employment Taxes, Record-Keeping Strategies, Tax Deductions, Tax Compliance for Freelancers, Financial Management for Freelancers Paul Armstrong

Navigating the New 1099 NEC Audit Landscape for Gig Workers

Navigating tax season can be tricky for gig workers, especially with the 1099 NEC forms now under greater IRS scrutiny. Discover common audit triggers, expert tips for record-keeping, and practical steps to correct errors. Minimize your audit risk and take control of your taxes with this essential guide! Read more to stay informed.

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What You Need to Know About the New SALT Deduction Changes
Tax Deductions, Legislative Tax Changes, Small Business Taxes, Personal Finance Tips, Tax Compliance, Tax Policy Paul Armstrong Tax Deductions, Legislative Tax Changes, Small Business Taxes, Personal Finance Tips, Tax Compliance, Tax Policy Paul Armstrong

What You Need to Know About the New SALT Deduction Changes

Discover how the One Big Beautiful Bill Act reshapes the SALT deduction. Learn about the higher cap, income-based phase-outs, and how to optimize your tax strategy. This guide breaks down key changes and offers actionable advice to ensure you're maximizing savings. Don’t miss out on important tax updates—read the full article now!

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Taxpayer Bill of Rights: What Every Taxpayer Should Know
Taxpayer Rights and Protections, IRS Regulations and Guidelines, Tax Education and Resources, Resolving Tax Disputes, Tax Filing and Compliance, Financial Literacy for Taxpayers, Legal Representation in Tax Matters, Privacy and Confidentiality in Taxation, Understanding Tax Systems Paul Armstrong Taxpayer Rights and Protections, IRS Regulations and Guidelines, Tax Education and Resources, Resolving Tax Disputes, Tax Filing and Compliance, Financial Literacy for Taxpayers, Legal Representation in Tax Matters, Privacy and Confidentiality in Taxation, Understanding Tax Systems Paul Armstrong

Taxpayer Bill of Rights: What Every Taxpayer Should Know

Understanding your taxpayer rights is key to fair treatment by the IRS. The Taxpayer Bill of Rights outlines protections, from privacy to representation, empowering you to handle tax matters confidently. Learn how these rights work for you—explore the full guide today!

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How Outsourcing Payroll Can Save You Time and Money
Payroll Management, Small Business Tips, Time and Cost Savings, Tax Compliance, Business Operations, Financial Efficiency, HR and Payroll Solutions, Outsourcing Services, Employee Management, Business Growth Strategies Paul Armstrong Payroll Management, Small Business Tips, Time and Cost Savings, Tax Compliance, Business Operations, Financial Efficiency, HR and Payroll Solutions, Outsourcing Services, Employee Management, Business Growth Strategies Paul Armstrong

How Outsourcing Payroll Can Save You Time and Money

Outsourcing payroll can save your business time, reduce costs, and eliminate compliance headaches. By delegating complex calculations and staying updated on tax laws, you can focus on growing your business while professionals handle the details. Find out how outsourcing can make payroll stress-free and efficient for your small business.

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Tax Planning Tips for New Business Owners
Tax Planning, Small Business Finance, Tax Compliance, Self-Employment Tips, Financial Management, IRS Guidelines and Updates Paul Armstrong Tax Planning, Small Business Finance, Tax Compliance, Self-Employment Tips, Financial Management, IRS Guidelines and Updates Paul Armstrong

Tax Planning Tips for New Business Owners

Struggling with tax planning as a new business owner? This guide breaks down essential tips to help you stay compliant, maximize tax savings, and avoid costly errors. Whether it's understanding deductions or keeping accurate records, we’ve got you covered. Read on to take control of your taxes with confidence!

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