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…
Tax mistakes can lead to severe consequences, including IRS audits, penalties, and even criminal investigations. This episode of Thurgood Tax Talk examines the most common errors taxpayers make, such as underreporting income, overstating deductions, commingling personal and business funds, and…