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Welcome back to our series on how the One Big Beautiful Bill Act (OBBBA) is reshaping the tax landscape.
Yesterday, we covered the higher SALT deduction cap. Today, we’re focusing on a change that’s generating buzz among millions of workers: no federal income tax on tips.
It’s great news for service employees—but there’s important fine print you should know.
Tax season is in full swing, and as the April 15 deadline approaches, many taxpayers are feeling the pressure to get everything filed on time. If you're struggling to gather your documents or need more time to ensure accuracy, you may be considering filing an extension.
At Simply Balanced Accountants, we’re here to help late filers navigate tax season smoothly and avoid costly mistakes. Whether you need a last-minute tax strategy or an extension, here’s what you need to know before the deadline.
At Simply Balanced Accountants, we help small business owners navigate tax season with confidence. Here are four key deductions you don’t want to overlook:
At Simply Balanced Accountants, we believe that tax planning is not just about filing a return—it’s about taking proactive steps to minimize your tax liability, maximize deductions, and create a strategy that aligns with your financial goals. Whether you're an individual, a small business owner, or someone with a complex financial portfolio, our three-tiered tax planning services are designed to fit your needs.
There are a number of areas in the tax code that cause confusion as to the taxability of money received. Here are some of the most common areas of confusion.
