At My Accounting Now, we believe in empowering business owners with the knowledge and tools they need to thrive. Our blog serves as a resource hub, offering insights into critical aspects of business finance, from effective bookkeeping practices to strategic tax planning. By staying informed and proactive, business owners can avoid common pitfalls and leverage financial strategies to fuel their growth and success.
Scammers are becoming more aggressive and more sophisticated this tax season. Each year, the IRS releases its “Dirty Dozen”, a list of the most common tax scams targeting taxpayers, businesses, and even tax professionals. During peak filing season, these threats increase significantly.
More than 1.3 million taxpayers have unclaimed refunds for tax year 2022 and time is running out. The deadline to claim your money is April 15, 2026. After that, any unclaimed refunds become property of the U.S. Treasury.
The IRS has updated its Tax Withholding Estimator to reflect major changes under the One, Big, Beautiful Bill (OBBB), and it could directly impact your paycheck or tax refund.
New tax law changes are already in effect and many taxpayers haven’t adjusted their withholding or strategy yet. Because some provisions are retroactive to the start of 2025, your current tax setup could be costing you more than necessary.