In July 2025, the president signed the “One Big Beautiful Bill Act” into law. This new law makes many changes to how we all pay taxes. Some of these changes are significant, especially for people living in New York. Remember,…
Getting a letter from the Internal Revenue Service (IRS) can be scary. Your heart might beat a little faster. You might feel a knot in your stomach. Many people feel this way. It’s even more stressful when you owe taxes…
What are the most common IRS audit triggers? According to tax attorney Shamsey Oloko, the most common trigger for an IRS audit is underreporting income. When there’s a mismatch between what a taxpayer reports and what a third party (such…