Taxes
How to Avoid Common Tax Mistakes That Could Lead to an Audit
Key Takeaways Tax mistakes that could lead to an audit often involve reporting issues, such as failing to report all income, entering...
5 Signs You’ve Outgrown Your Current Sales Tax Process
For most growing companies, the sales tax process evolves reactively. A tax engine is implemented. A filing calendar is built....
Berkshire Hathaway 2025 Annual Shareholder Letter by Greg Abel — My Money Blog
Berkshire Hathaway (BRK) recently released its 2025 Letter to Shareholders (also see full 2025 Annual Report). Usually, this is when...
Optima Tax Relief Unveils No-Cost Tax Identity Protection with New Optima Tax Shield Free Plan
Nation’s Leading Tax Resolution Firm Launches $0/Month Plan to Combat Rising IRS Fraud and Identity Theft Optima Tax Relief is...
IRS Notice CP501 vs CP503: What’s the Difference?
Key Takeaways CP501 vs CP503 comes down to escalation. CP501 is the first reminder that you owe a tax balance,...
Up to 3% ACAT Transfer Bonus — My Money Blog
Robinhood is running “HOOD Rewards Season” from 2/19-3/25, which includes the return of some competitive account transfer bonuses. Noteworthy are...
How the Big Beautiful Bill Could Affect Self-Employed Deductions
Key Takeaways Permanent QBI Deduction – The 20% Qualified Business Income deduction is now permanent, with an expanded phase-in range and...
Japan Airlines Transfer Bonus — My Money Blog
Bilt recently revamped their credit cards, leaving Wells Fargo and switching to Cardless. The good news is that they now...
What Documents Do I Need to File My Taxes?
Key Takeaways Gathering your SSN or ITIN, prior-year tax return, and all income documents before filing helps reduce errors, delays,...
What are “Above-the-Line” Deductions? | Optima Tax Relief
Key Takeaways Above-the-line deductions reduce your income before Adjusted Gross Income (AGI) is calculated, directly lowering taxable income and potentially...
Gold as 3rd Largest Asset Class? — My Money Blog
A market-capitalization weighted portfolio is one where assets are held in proportion to their total market value (share price *...
How to Respond to IRS Notice CP2000
Key Takeaways IRS Notice CP2000 is not an audit or a bill, it is a proposed adjustment based on income mismatches between...
