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Article

25+ OBBBA Income Tax Strategies Still Hiding in Every 2025 Return on Your Desk

Taxes April 7, 2026 

25+ OBBBA Income Tax Strategies Still Hiding in Every 2025 Return on Your Desk

Before you file another return this week, pull one off the stack and run it through this checklist- you will likely find thousands in savings your software missed.

Jackie Meyer, CPA

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IRS to Share Immigrant Tax Data to Build Criminal Cases

Taxes April 8, 2025 

IRS to Share Immigrant Tax Data to Build Criminal Cases

The IRS will give taxpayer data about immigrants to U.S. authorities conducting criminal investigations, saying it will support President Donald Trump’s pledge to deport people illegally in the U.S.

Supreme Court Halts Lower Court Order to Rehire Probationary Workers at Six Agencies

General News April 8, 2025 

Supreme Court Halts Lower Court Order to Rehire Probationary Workers at Six Agencies

The Supreme Court on Tuesday paused an order from a federal judge in California that had required the Trump administration to reinstate 16,000 fired probationary federal workers at six agencies.

Trump Increases Tariffs on Some Chinese Products to 104%

Taxes April 8, 2025 

Trump Increases Tariffs on Some Chinese Products to 104%

That package includes previous levies applied because of the fentanyl crisis, his reciprocal tariffs, as well as an additional retaliation Trump announced after Beijing said it would tax U.S. exports to China.

Easter Spending Expected to Reach $23 Million

Payroll April 8, 2025 

Easter Spending Expected to Reach $23 Million

According to the survey, the most popular Easter purchasing categories include candy (92%), food (89%), gifts (65%), decorations (51%) and clothing (49%).

Isaac M. O'Bannon

Republicans Float Idea of a Top Tax Rate of 40% for Millionaires

Taxes April 8, 2025 

Republicans Float Idea of a Top Tax Rate of 40% for Millionaires

Republicans are reportedly mulling the idea of creating a new top tax rate that would be around 39% to 40% as a way to offset some of the costs of their tax package.

Jason Bramwell

Georgia Reforms CPA Licensure Process, Broadens Professional Mobility

Accounting April 8, 2025 

Georgia Reforms CPA Licensure Process, Broadens Professional Mobility

This legislation introduces significant reforms to the CPA licensure process and broadens practice privilege mobility, reflecting Georgia's commitment to a dynamic and accessible accounting profession.

Isaac M. O'Bannon

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Firm Management April 8, 2025 

Essential Cybersecurity Tips to Safeguard Your Clients During Tax Season

Cybercriminal activity like phishing emails, fake IRS scams and malware-infected software ramp up during this period, targeting both businesses and individual filers.

How Much Do the Top 1% Pay in Taxes in Each State?

Taxes April 8, 2025 

How Much Do the Top 1% Pay in Taxes in Each State?

The total income tax for the top 1% is more than $50 billion in four states, according to a GOBankingRates report—California ($122 billion), Florida ($96 billion), Texas ($81 billion), and New York ($79 billion).

Jason Bramwell

What to Do With Your 401(k) Amid Market Turmoil (Hint: Don’t Panic)

Payroll April 8, 2025 

What to Do With Your 401(k) Amid Market Turmoil (Hint: Don’t Panic)

Financial experts join President Trump in advising people to hold the line amid market fluctuations.

After $1.8B Accounting Error, South Carolina Looks to Change External Auditor

Accounting April 8, 2025 

After $1.8B Accounting Error, South Carolina Looks to Change External Auditor

South Carolina lawmakers want to move on from outside independent auditor CliftonLarsonAllen after a 20-year relationship.

us-congress1

Accounting April 8, 2025 

Trump Administration Wants $1 Trillion Budget for Defense, Cuts to Social Security

President Donald Trump said his administration had approved a defense budget in the “vicinity” of $1 trillion.

5 Big Mistakes to Avoid During a Market Sell-Off

Payroll April 8, 2025 

5 Big Mistakes to Avoid During a Market Sell-Off

When stocks plunge, it can be difficult to keep an even keel. But sell-offs are not the time to start jumping in and out of stocks, or worse yet, panic and sell everything.

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