income tax | CJ Smith CPA

IRS Goes Digital: Paper Tax Refund Checks to Be Phased Out

Earlier this year, we shared news about the U.S. Treasury’s directive to stop issuing and accepting paper checks. Now, the IRS has taken...

Sep 262 min read

The legislation being referred to as One Big Beautiful Bill was signed into law on July 4, 2025, and brings significant changes to the...

Jul 231 min read

The legislation being referred to as One Big Beautiful Bill was signed into law on July 4, 2025, and brings significant changes to the...

Jul 222 min read

The legislation being referred to as One Big Beautiful Bill was signed into law on July 4, 2025, and brings significant changes to the...

Jul 182 min read

As we move through 2025, the IRS is urging taxpayers to take a proactive step that could save them stress and money come tax season:...

May 292 min read

As we step into 2025, millions of Americans are set to experience a notable change in their Social Security benefits. The Social Security...

Oct 23, 20244 min read

Tax season can be stressful, especially if you're worried about penalties. Whether you're an individual or a small business owner, IRS...

Oct 14, 20244 min read

In the labyrinth of tax regulations, the self-employed health insurance deduction stands out as a beacon of relief for self-employed...

Jul 27, 20243 min read

Underpayment penalties are a common concern for taxpayers, and many are unaware of how substantial they can be. These penalties are...

Jun 15, 20246 min read

About 3 out of 4 American taxpayers receive a refund each year when they file their income tax returns, but there are those who for one...

Mar 20, 20244 min read

To ensure individuals properly report all their income, the IRS has an ever-expanding series of information-reporting forms used to...

Feb 2, 20245 min read

Back in late 2017 Congress passed the Tax Cuts & Jobs Act of 2017 (TCJA) that made enormous changes to income tax laws as outlined below....

Jan 19, 20246 min read

As published by the Tax Foundation, thirty-four states will ring in the new year with tax changes, including Indiana. They noted that...

Jan 13, 20241 min read

The IRS Tax law, since 2011, has required third-party settlement organizations such as Venmo, PayPal, CashApp, and Ebay to report...

Jul 20, 20224 min read

The House Ways and Means Committee has released an extensive list of proposed tax changes that impact individual, retirement,...

Sep 27, 202110 min read