Taxes

2025 IRS Tax Brackets and Standard Deductions 

With 2025 on the horizon, taxpayers are beginning to plan for how they will file their returns. The IRS updates...

Marketplace Facilitator Sales Tax Questions Answered

We talk a lot about nexus and compliance processes in our content, but what about marketplace facilitators? For many small...

Tax Pros and Cons of Hiring Family in Your Business

Key Takeaways:   Hiring family in your business can provide trust, reliability, and flexibility, making it easier to fill roles...

Own the Businesses — My Money Blog

We are surrounded by predictions about the imminent effect of AI. The CEO of Anthropic says that AI could wipe...

Canadian Sales Tax Requirements for U.S. Sellers

The worldwide market is the commanding draw of eCommerce. For American online businesses looking to go international, it’s natural to...

Capital One 360 Savings Class Action Settlement Thoughts — My Money Blog

Capital One settled a class action settlement involving alleged deceptive marketing because it kept the interest rate on customers with...

Truck Drivers: Over-the-Road Tax Deductions 

Key Takeaways:  Owner-operators can deduct a wide range of business expenses, including fuel, maintenance, insurance, depreciation, and per diem meals....

Lower Expense Ratios (Still) Predict Higher Performance — My Money Blog

The reason that low-cost index funds continue to grow in popularity each year is simple – they make you more...

TaxConnex Named to Inc. 5000 List of America’s Fastest-Growing Private Companies

TaxConnex has been recognized on the prestigious Inc. 5000 list of the fastest-growing private companies in America for the first...

Air Canada x Chase Sapphire Reserve 5,000 Point Flight Reward Certificate — My Money Blog

Air Canada is offering Chase Sapphire Reserve cardholders a free 5,000 Point Flight Reward Certificate, which reduces the costs of...

What You Need to Know About IRS Bank Levies 

Key Takeaways: An IRS bank levy allows the agency to seize funds in your account up to the amount owed,...

Choose an Automated Cost Basis Method (MinTax Warning) — My Money Blog

Vanguard has been sending out letters to clients with SpecID as their default cost basis tracking method. This letter has...