Your 2025 Year-End Tax Planning Guide As we approach the end of 2025, there’s still time to take action and make a real difference in your tax outcome for the year.  With thoughtful planning and a few strategic steps, you can reduce your tax bill, strengthen your retirement savings, and position your finances for a better 2026. Below are some year-end moves to consider before December 31. Each one is practical, IRS-approved, and designed to help you keep more of what you’ve e

Strengthen Your Business Deductions Before December 31 Prepay Expenses Under the IRS Safe Harbor If you’re on the cash basis, you can prepay qualifying expenses up to 12 months in advance and deduct them this year. That includes office rent, equipment leases, and insurance premiums. For example, if your monthly office rent is $3,000, prepaying $36,000 on December 31 to cover your  2026 rent gives you a $36,000 deduction in 2025—and it provides the landlord with the income whe

As we enter the Fall season and prepare for the upcoming year-end, we are following the latest changes in tax regulations included in recent congressional legislation known as "One Big Beautiful Bill".  Please be sure that our associates are continually monitoring all updates and will apply all positive elements and deductions to the benefit and advantage of our clients. Please also note that the link from fxcassidy.com has expired and will no longer connect to www.shassocia

New Changes In Tax Law OBBBA Restores and Creates New 100 Percent Deductions for You, Now If you plan to buy equipment, furniture,...

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3rd Quarter (June 1 - August 31) payment due September 15, 2025 4th Quarter (September 1 - December 31) payment due January 15, 2026 You...

Harrisburg , PA – Secretary of the Commonwealth Al Schmidt reminded owners of businesses operating in Pennsylvania that a new annual...

All Tax Documents must be submitted by Saturday March 15 in order to process and file your personal Tax Returns by April 15 Contact our...

Stay Ahead Of Tax Deadlines  To insure a successful tax season, we want to remind you that critical tax-related deadlines are approaching...

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Stay Ahead Of Tax Deadlines  To insure a successful tax season, we want to remind you that critical tax-related deadlines are approaching...

Important Reminder For ShareFile Users!!!  Clean Up Your Files If you are a user of our ShareFile portal, please note that as of 1/31/25,...

Stay Ahead Of Tax Deadlines  As the year comes to a close, we want to remind you of some critical tax-related deadlines and important...

2024 Last-Minute Year-End Retirement Deductions The clock continues to tick. Your retirement is one year closer. You have time before...

The purpose of these strategies is to get the IRS to owe you money. Of course, the IRS will not likely cut you a check for this money...

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BOI Reporting Deadline Is Closing In The clock continues to tick. Here are the upcoming deadlines for filing your Business Ownership...

Businesses and Rentals Trigger FinCEN Filings Businesses and Rentals Trigger FinCEN Filings   If you have a business or you start a small...