Steven de la Fe, CPA

January 21, 2026 • 7 min read

How to avoid common tax filing mistakes with clear IRS guidance, practical tips, and tools to simplify your tax season efficiently.

January 12, 2026 • 6 min read

Explore LLC vs S Corp and C-Corp differences to optimize tax efficiency, protect assets, and plan sustainable business growth in 2026.

January 8, 2026 • 6 min read

2026 tax season preparation brings new brackets, deductions, and deadlines. Discover how to plan smarter and reduce your tax burden.

November 19, 2025 • 3 min read

Taxfyle and PrismHR launch embedded AI tax filing, giving worksite employees secure, seamless access to CPAs directly inside their HRO.

August 19, 2025 • 13 min read

The U.S. Treasury ends paper checks by Sept 30, 2025—impacting Social Security, tax refunds, and federal benefit payments.

August 1, 2025 • 10 min read

A breakdown of what’s in the Big Beautiful Bill and how it changes taxes, credits, and deductions for small business owners.

August 1, 2025 • 9 min read

The One Big Beautiful Bill Act exempts up to $25K in tips from federal tax—here’s what tipped workers need to know before 2025.

June 20, 2025 • 14 min read

Discover who qualifies as a dependent adult for tax purposes. Learn the IRS requirements for claiming a dependent and unlock tax breaks.

May 9, 2025 • 9 min read

Struggling with tax debt? The IRS Fresh Start Program helps business owners reduce penalties and set up affordable payment plans.

May 6, 2025 • 8 min read

Maximize your savings with the Energy Efficient Home Improvement Credit! Upgrade to energy-efficient systems and qualify for tax credits.

May 2, 2025 • 8 min read

Find out how the Child Tax Credit increases in 2025 and how much more you can claim per child under updated tax break rules.

May 1, 2025 • 10 min read

Discover how capital gains tax on real estate impacts your home sale. Learn about exemptions, strategies to reduce taxes, and IRS rules.

May 1, 2025 • 8 min read

Navigate the complexities of filing IRS Form 1041 for estates and trusts. Learn about income tax returns, Schedule K-1, and the roles of ben

April 30, 2025 • 8 min read

Discover how long you can postpone filing your tax return without penalties. Learn about tax extensions, IRS deadlines, and payments.

April 30, 2025 • 8 min read

Discover how far back the IRS can audit your taxes. Learn about the statute of limitations, specific tax years, and time limits of the IRS.

April 28, 2025 • 6 min read

Discover what the "death tax" means, how estate and inheritance taxes are imposed, and when they apply to your estate.

April 28, 2025 • 8 min read

Discover how Form 5695 can help you claim tax credits for energy-efficient home improvements, covering up to 30% of qualifying costs.

April 23, 2025 • 10 min read

Navigate the complexities of inheritance tax with ease. Learn what heirs need to know about exemptions and strategies.

April 23, 2025 • 9 min read

Discover how self-employed individuals can maximize retirement savings with a tax-advantaged Solo 401(k).

April 4, 2025 • 5 min read

Discover how the Child Tax Credit can benefit your family. Learn about eligibility, credit amounts per child, and what to expect.

April 4, 2025 • 10 min read

Learn about IRS Form 5498, its significance for IRA contributions, required minimum distributions, and how it impacts your retirement.

March 12, 2025 • 12 min read

Learn how to navigate out-of-network billing as a therapist, including understanding reimbursement and provider options.

March 11, 2025 • 14 min read

Looking for funding for your restaurant dream? Explore various loan options and financing solutions for different types of eateries.

March 10, 2025 • 13 min read

Discover how to claim the federal tax credit for heat pumps under the Inflation Reduction Act. Learn eligibility and rebates.

March 10, 2025 • 14 min read

Discover the secrets of effective restaurant marketing and learn how to attract loyal customers with comprehensive restaurant marketing.

March 10, 2025 • 14 min read

Create a great restaurant business plan with our free, customizable template. Attract investors and turn your dream of opening a restaurant.

March 7, 2025 • 10 min read

Discover how bonus depreciation in real estate can help you, as a real estate investor, deduct costs and reduce taxable income.

March 7, 2025 • 6 min read

Discover how to incorporate your business with our step-by-step guide. Navigate the process of forming a corporation.

March 5, 2025 • 8 minute read

Learn about tax shelters, legal examples, and considerations for reducing tax liabilities in this comprehensive guide for taxpayers.

March 5, 2025 • 8 Minute Read

Discover the essential elements of managing accounting & bookkeeping services for startups in 2025. Find solutions for small businesses.

February 6, 2025 • 8 min read

Looking for the best IRS Direct File alternative? Explore top tax filing options with low fees, fast refunds, and IRS compliance.

February 5, 2025 • 10 Minute Read

Discover the 2024 list of vehicles over 6000 lb that qualify for the Section 179 deduction. Maximize your small business benefits now!

January 15, 2025 • 11 min read

Discover essential insights on excise taxes for small business owners, including how they're imposed on goods.

January 13, 2025 • 14 min read

Master the 2025 W-4 form with our guide! Understand how to withhold correctly for 2024 and 2025 to optimize your tax situation.

January 10, 2025 • 15 min read

Maximize your 2025 meal and entertainment deduction with our guide. Learn which business meals are tax deductible.

January 9, 2025 • 12 min read

Need more time to file with the IRS? Need help filing an extension for your small business tax return? We can help!

January 9, 2025 • 7 min read

Get 2025 IRS Form 8832 instructions. Learn to file your Entity Classification Election and ensure your entity is properly classified.

January 8, 2025 • 12 min read

Discover the 2025 gift tax limit, including IRS exclusion amounts, exemptions, and answers to common questions about gift and estate taxes.

January 7, 2025 • 9 min read

Get essential IRS instructions for filing W-2 forms in the 2025 tax season. Learn deadlines and avoid penalties.

January 7, 2025 • 12 min read

Find out when the IRS starts accepting 2025 tax returns, key filing dates, and deadlines to ensure you maximize your tax refund.

December 18, 2024 • 11 Minute Read

Check information about your Massachusetts state tax refund status and find information about your personal income tax.

December 13, 2024 • 10 minute read

Maximize your deductions and credits with our top 20 tax planning tips. Learn essential year-end strategies to reduce your tax liability.

November 5, 2024 • 12 min read

Learn how the Corporate Transparency Act’s ownership reporting affects US businesses. Stay compliant—file your reports today!

October 16, 2024 • 11 min read

Find the best inventory costing method for your coffee shop. Explore FIFO, LIFO, and WAC to manage inventory and maximize profits.

October 11, 2024 • 5 min read

Wondering about the enrolled agent vs CPA debate? Discover the key differences between these tax professionals for your tax needs!

October 10, 2024 • 9 min read

Explore how a CPA supports small businesses with key accounting services. Learn the education and experience needed to become a CPA.

August 29, 2024 • 10 minute read

Discover the best work vehicles for HVAC contractors! From work vans to trucks, learn what best fits your HVAC business's needs.

August 21, 2024 • 3 Minute Read

Outsourcing your existing services to teams of accountants may be the ideal solution to solve your firm’s workflow problems.

August 13, 2024 • 7 minute read

Get the latest updates and instructions on filing Form 1095 C for employer-provided health insurance offer and coverage.

August 13, 2024 • 8 minute read

Learn how to maximize your tax benefits with education tax credits and deductions.

August 12, 2024 • 6 minute read

Learn all about the different types of IRS 1099 forms, how to file them, and the crucial information needed for reporting your taxes.

August 8, 2024 • 11 Minute Read

Revolutionize auto dealership accounting with tailored software, optimizing efficiency and accuracy for robust financial management.

August 7, 2024 • 15 Minute Read

Understand the difference between 1099 vs W-2 employee forms for contractors and employees. Learn whether to use 1099 or W2 and how to...

August 7, 2024 • 7 minute read

Learn how to maximize your tax benefits by understanding the different filing statuses between filing jointly or separate when married.

August 7, 2024 • 7 minute read

Discover the essential guide to understanding debit and credit in the world of accounting. Learn the basics with this blog.

August 7, 2024 • 9 miinute read

Learn about the taxable nature of disability benefits, including disability income and disability insurance.

August 6, 2024 • 5 Min Read

The worlds of tax law and financial regulations are always changing. Pursuing your accounting education can help make sure you keep up.

August 6, 2024 • 11 Minute Read

Not everyone has to file a tax return. It depends on your age, tax filing status, how much income you earn, and much more.

August 6, 2024 • 11 minute read

Learn about the key differences between an invoice and a receipt, including their purposes, use in transactions, and proof of payment.

July 31, 2024 • 5 minute read

Becoming an IRS enrolled agent could advance your tax practitioner career. This blog details how to become an IRS enrolled agent.

July 31, 2024 • 11 minute read

Learn about capital gains tax rates, use our calculator to calculate your tax, and understand the impact of real estate sales on your taxes.

July 24, 2024 • 5 Min Read

The FBAR is an annual report, much like your federal income tax return. It is due April 15 of the year following the calendar year being...

July 18, 2024 • 12 minute read

Learn how to settle your IRS tax debt for less with Offer in Compromise and forgiveness programs.

April 9, 2024 • 9 minute read

Track your Wisconsin state tax refund and find out the status of your refund with our helpful guide.

April 5, 2024 • 7 Min Read

Form 1099, in general, is an IRS tax form used as an informative document to report income other than wages, salaries, and tips.

April 5, 2024 • 7 minute read

Know how to check the status of your Iowa state tax refund with the Iowa Department of Revenue.

April 5, 2024 • 7 minute read

Learn how to check the status of your District of Columbia tax refund with the Office of Tax and Revenue.

April 4, 2024 • 8 minute read

Learn how to track your Indiana tax refund status and get your refund faster.

April 2, 2024 • 8 Minute Read

Learn about the differences between IRS Tax Form 1099-NEC and Form 1099-MISC. Understand how they apply to independent contractors.

March 27, 2024 • 9 Minute Read

Dentists: Need expert accounting? Our CPA firm specializes in your unique needs, offering tailored solutions for your growing practice.

March 19, 2024 • 11 Minute Read

Maximize small biz potential with a deep dive into income statements, essential alongside balance sheets & cash flows. Tailored templates.

March 14, 2024 • 9 minute read

Download a free balance sheet Excel template to streamline your financial reporting.

March 12, 2024 • 6 minute read

Discover opportunities for small business growth with local grants available in Arizona. Learn about stability grants and how to apply.

February 29, 2024 • 15 minute read

Discover the essential steps to preparing a successful restaurant profit and loss statement with this comprehensive income statement guide.

February 29, 2024 • 12 minute read

Discover the key differences between trial balance vs balance sheet in accounting. Understand their roles and importance.

February 29, 2024 • 10 minute read

Learn the fundamentals of small business bookkeeping financial management with our comprehensive guide to the bookkeeping basics.

February 29, 2024 • 15 minute read

Learn how to create a balance sheet in QuickBooks Online to gain valuable insights into your business's financial health.

February 23, 2024 • 12 minute read

Explore a classified balance sheet example to understand how it reports assets, liabilities, and equity.

February 6, 2024 • 13 minute read

Discover the tax benefits of marriage and the advantages it brings for married couples.

January 18, 2024 • 11 minute read

Learn how to maximize your dividend returns with tax strategies for Real Estate Investment Trusts (REITs).

January 17, 2024 • 8 minute read

Learn how to maximize your tax savings with the Section 199A deduction and understand the ins and outs of Qualified Business Income.

January 16, 2024 • 11 minute read

Learn about partnership taxation and Form 1065 for small businesses. Understand your tax obligations and how to file for partnership income.

January 8, 2024 • 9 minute read

Learn how to deduct health insurance premiums as a medical expense. Find out if your insurance premiums may be tax-deductible.

January 3, 2024 • 8 minute read

Simplify your small business 1099 prep and filing with our secure and cost-effective service.

December 29, 2023 • 9 minute read

Learn about the taxable implications of short-term disability benefits and how disability insurance can impact your tax situation.

December 19, 2023 • 8 minute read

Discover the importance of calculating cost of goods sold (COGS) for your business. Learn how to determine this vital financial metric.

December 18, 2023 • 8 Min Read

Learn how to maximize your tax deductions by deducting medical expenses on your tax return to lower your tax bill.

December 18, 2023 • 10 Minute Read

Learn about the common tax breaks available to homeowners, including deductions for mortgage interest, and property taxes.

December 18, 2023 • 5 minute read

Learn how to report income by entering IRS Form 1099 Composite in your tax return.

December 13, 2023 • 10 minute read

Learn the best practices for managing remote employees and teams. Discover how to lead and work with your remote team effectively.

December 13, 2023 • 8 minute read

Learn about New York State income tax rates and how to estimate your taxes in NYC. Understand your tax responsibilities and residency rules.

December 4, 2023 • 10 minute read

Learn about the balance sheet, equity, and financial statement definition, elements, and examples.

November 29, 2023 • 7 Min Read

Learn about the financing of Social Security taxes and benefits, including how it is taxable and its impact on self-employment income.

November 28, 2023 • 7 minute read

Discover how to properly file IRS Form 720 for quarterly federal excise tax returns, including important deadlines and instructions.

November 28, 2023 • 5 minute read

Discover the meaning and significance of the Federal Employer Identification Number (FEIN) and learn if you need to apply for one.

November 28, 2023 • 13 minute read

Learn about the current ratio, a liquidity ratio that measures a company’s ability to cover short-term obligations with current assets.

November 28, 2023 • 8 minute read

Learn how to prevent tax-related identity theft and what to do if you're a victim of identity theft using IRS Form 14039.

November 28, 2023 • 6 minute read

Learn how to navigate IRS Form 1099-DIV and understand dividends, distributions, and capital gains for your taxes.

November 27, 2023 • 5 minute read

Learn how to maximize your retirement savings contributions by understanding IRS Form 8880 and the Savers Credit.

November 27, 2023 • 6 minute read

Learn how to maximize your Health Savings Account benefits by understanding IRS Form 8889 and HSA tax forms. Find tips with this blog.

November 22, 2023 • 8 minute read

Whether you want to freelance permanently, or just pick up jobs on the side, contract accounting can be your solution to earning more.

November 20, 2023 • 8 minute read

Learn the advantages and disadvantages of cash vs accrual accounting for small businesses. Understand when to use which one.

November 15, 2023 • 6 minute read

Discover the importance of year-over-year (YOY) metrics and calculations for analyzing financial performance and detecting growth trends.

November 13, 2023 • 6 minute read

Learn how to avoid Form 2210 penalty for underpayment of estimated tax. IRS Form 2210 applies to individuals, estates, and trusts.

November 13, 2023 • 8 minute read

Learn about IRS Form 5498, IRA contribution information, and tax tips for your individual retirement account.

November 13, 2023 • 11 minute read

Get all the information you need to file Form 1041: Income Tax Return for Estates and Trusts.

November 10, 2023 • 11 minute read

Learn how to analyze SG&A and control general and administrative expenses, also known as overhead costs.

November 10, 2023 • 5 minute read

Do you need to request a missing tax refund check or direct deposit? Learn how to use IRS Form 3911 to address the issue.

November 8, 2023 • 7 minute read

U.S. persons whose finances extend overseas may face a tax situation that few other country’s nationals do. Learn more with this blog.

November 6, 2023 • 10 minute read

Increase your cash flow with cost segregation. Learn about cost segregation services for real estate owners.

November 2, 2023 • 8 minute read

Learn how to properly report your restricted stock units (RSUs) on your tax return and navigate the complexities of RSU stock option taxes.

November 2, 2023 • 8 minute read

Understand how capital loss carryover affects your taxes and capital gains and losses.

November 2, 2023 • 7 minute read

Track the status of your Georgia tax refund with the Department of Revenue.

November 2, 2023 • 7 minute read

Track the status of your Michigan state tax refund and find detailed information on how to check your income tax return and tax refund.

November 2, 2023 • 8 minute read

Learn how to check the status of your Ohio state tax refund.

November 2, 2023 • 7 minute read

Understand how to check the status of your New York State tax refund status online now.

October 30, 2023 • 5 minute read

Adding value to your firm's services is essential for sustained growth. Oftentimes, clients can benefit from the help of a CFO.

October 30, 2023 • 13 Minute Read

Learn about the tax implications of GoFundMe donations and whether they are tax deductible. Understand the rules for crowdfunding

October 30, 2023 • 11 Minute Read

Find out how to check the status of your California state tax refund and get the most out of your IRS refund

October 25, 2023 • 5 minute read

Bookkeeping is one of the most important tasks for running a business. Having the right bookkeeping solution for your needs can help.

October 23, 2023 • 9 Minute Read

Discover how hiring your kids can maximize your tax savings. Learn the benefits and rules from the IRS for tax deductions and employment tax

October 23, 2023 • 13 Minute Read

Discover all you need to know about being a 1099 employee or independent contractor. Learn the differences, rules, and how to hire the right

October 23, 2023 • 7 Minute read

Enhance your business with Taxfyle's bookkeeping services using QuickBooks Online. Save time and have year-round confidence with a virtual b

October 23, 2023 • 6 Minute Read

Discover everything you need to know about Tax Form 1099-B, barter exchange transactions, and selling stock and securities...

October 20, 2023 • 6 minute read

Ledger balance is a bookkeeping term that reflects the amount of money in your business's bank account. Learn more in this article.

July 5, 2023 • 5 minute read

Maximize your solo accounting practice: Embrace tech, find your niche, nurture clients, invest in learning, offer comprehensive services.

April 12, 2023 • 4 minute read

Want to know how to make the most of your time, our blog can help.

January 23, 2023 • 3 Minute Read

Learn about the standard deduction for your federal tax return and how it can lower taxes owed.

December 7, 2022 • 4 Minute Read

Finding the right tax professional can make a substantial difference when filing your taxes. But who do you choose? This blog can help you!

November 30, 2022 • 3 Minute Read

Look no further if you’re looking for tax tips regarding your gambling activity. This blog post has all the information you need!

September 28, 2022 • 4 Minute Read

More individuals will buy and sell assets when the crypto industry enters a bull market. This is where you can market your service!

June 22, 2022 • 5 Minute Read

Leaving your firm's comfort may seem daunting, but opening your practice may provide you with an experience that can’t be matched.

May 4, 2020 • 5 Min Read

Payroll taxes are essentially federal taxes that the government requires employers and employees to pay in order to fund...

February 29, 2020 • 5 Min Read

Let’s assume that you do need to file a tax return and that you’re planning to do it by the April 15 tax deadline. What you’re really...

December 27, 2019 • 5 Min Read

When you encounter a tax problem of any variety, here are a few steps you can take to resolve it.

December 12, 2019 • 7 Min Read

The accounting industry is always ripe for innovation, yet has remained fairly stagnant for a number of decades.

November 29, 2019 • 4 Min Read

Maximizing profitability requires total operational efficiency. During the busy tax season, it’s easy to get bogged down handling lots of...

November 28, 2019 • 5 Min Read

Accounting and bookkeeping are very different, so you may be able to preserve your accounting responsibilities while offloading.

October 1, 2019 • 5 Min Read

We have put together a list of seven simple steps that will help you onboard new accounting clients and scale up your business this year.

September 4, 2019 • 6 Minute Read

What, exactly, is cloud based accounting software, and do you really need it for your business?

August 13, 2019 • 5 Min Read

Blockchain has as much potential, if not more, than the internet and the cloud for the accounting industry.

July 8, 2019 • 5 Min Read

Identifying and assessing potential leaders can help ensure the success of your company.

July 8, 2019 • 5 Min Read

At the peak of tax season, the demand on accounting offices can reach unmanageable levels – and in some ways, this is a good thing.