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How H.R.1. Impacts Businesses
Let’s strip away the political marketing and AI-learned optimism and give you a bias-free, economically grounded summary of how H.R.1 (119th Congress) impacts businesses of
How H.R.1. OBBB Impacts Individuals
Some summaries, especially from mainstream outlets or CRS-style sources, present the bill as tax-cutting across the board — which benefits political branding, but not always
DIY Finances = 😩 / QuickBooks = 😎
Running a business is hard enough without the financial chaos. If you’re still juggling receipts and spreadsheets, it’s time to level up. QuickBooks helps you:
Protected: Get Ahead of the Game: Smart Summer Strategies for Next Tax Season
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Tax Day Reflection: How Did You Show Up This Year?
Tax Day 2025 has come and gone. Whether you barely noticed it or felt like it ran you over, all you need to do is
Truckers: Missed Deductions = Lost Loads. Fix That in 2 Minutes.
Here’s a comprehensive Trucker Business Tax Deductions Checklist—organized by well-known and lesser-known deductions to ensure full visibility for both solo owner-operators and incorporated trucking businesses.
Navigating Tax Season Uncertainty: Expert Insights from Crystal Clear Tax
Recent changes at the IRS have left many taxpayers uneasy. In a timely interview, Crystal Wilson of Charlotte-based Crystal Clear Tax addressed concerns stemming
12 questions an entrepreneur should ask their CPA
As a business owner or entrepreneur, it’s essential to ask the right questions to your CPA or tax preparer to ensure your business is compliant
The Secret Document Checklist a college student should gather for taxes
For a college student client, the tax preparer will typically need a combination of personal documents, income statements, education-related forms, and potentially deductions or credit
Essential Tax Prep Checklist for S-Corps & C-Corps: Simplify Your Filing with Crystal Clear Tax
Customized Checklist of Required Documentation for S-Corp and C-Corp Tax Filings Filing taxes for S-Corporations (S-Corp) and C-Corporations (C-Corp) requires a detailed and thorough approach.
Your Ultimate Tax Prep Checklist: What You Need to Get Started and Stay Organized
Streamlining Your Tax Preparation: A Guide to Working with Crystal Clear Tax When it comes to tax preparation, both the firm and the client have
Secrets To Understanding and Managing Your Estimated Tax Payments
As we approach the second half of the year, I wanted to take a moment to discuss the importance of estimated tax payments and
Navigating Tax Season 2024: A Handy Checklist for Smooth Filing
As tax season approaches, the Internal Revenue Service (IRS) has provided a helpful checklist to guide taxpayers through the process of filing their 2024 tax
Safeguarding Your Finances: Choosing a Reliable Tax Professional
In the complex world of taxes, entrusting your financial information to a qualified tax professional is paramount. Crystal Clear Tax, with its commitment to excellence,
2024 Tax Filing Essentials: Who Must File a Return?
As the tax season approaches, it’s crucial to understand who needs to file a tax return in 2024. Crystal Clear Tax is here to guide
Unveiling the Tax Maze: Rethinking How the IRS Navigates Supervisory Reviews
In the intricate world of taxation, uncertainties surrounding IRS penalties often leave taxpayers in a state of confusion. Crystal Clear Tax, a beacon of clarity
Navigating the Impact of International Information Return Penalties on Every Taxpayer
Today, we will delve deeper into the broad scope of IIR penalties, dispelling the misconception that it only affects affluent individuals and corporations. At Crystal
Cracking the Code: Your Simple Guide to Understanding The Earned Income Tax Credit Audits!
The Earned Income Tax Credit (EITC) serves as a crucial financial lifeline for countless taxpayers, offering a refundable credit that can make a significant difference
Calling All Tax Pros: Your Tax Pro Account Needs a Check-Up for Game-Changing Updates!
As tax professionals, staying ahead of the curve is essential for providing top-notch services to our clients. If you haven’t explored the Tax Pro Account
Navigating Tax Challenges: Important IRS Insight That You Must Read
In this blog, we’ll share insights from these sessions and provide resources to help taxpayers and tax professionals navigate common issues. Tax Return Preparation and
Time to Take Action: Pay Your Unpaid Taxes Now!
Are you one of the many taxpayers eagerly awaiting the day the IRS resumes sending notices about your outstanding tax balance? While the delay may
The Taxpayer Bill of Rights Safeguarding Taxpayers 24/7! Read On To Know More
In the intricate world of taxes, every taxpayer is entitled to certain fundamental rights, ensuring a fair and just system. Understanding these rights can empower
Navigating the Tax Landscape: A Closer Look at the 2023 National Taxpayer Advocate’s Report
In the ever-evolving realm of taxes, the annual report from the National Taxpayer Advocate, Erin M. Collins, sheds light on the IRS’s journey through 2023,
Are You Paying Taxes On The Crypto Trading? Read On To Know Its Importance
The Internal Revenue Service (IRS) has reiterated the significance of reporting digital assets, and Crystal Clear Tax, your reliable partner in simplifying tax complexities, is
IRS All Set for 2024 Tax Filing Season!
In the ever-evolving world of taxes, rumors can spread like wildfire, causing unnecessary panic among taxpayers. Recent reports hinting at widespread issues with the IRS
TurboTax in Trouble: US Government Says They Misled People About ‘Free’ Services
In recent news, TurboTax maker Intuit faced a setback as the US Federal Trade Commission (FTC) put a stop to their advertising of “free” services,
Where’s My Refund? Understanding Delays in Your Tax Refund – Is Identity Theft a Concern?
Tax time can be tricky, and the IRS faces a big challenge—stopping fake refunds. With credits like EITC, ACTC, and RRC on the rise, so
Tax Court Dates: Why Timing Matters – A Warning Tale
Today, let’s dive back into the world of taxes, focusing on electronic petitions and why timing matters, especially when dealing with Eastern Time (ET). What
Tax Tips for Student-Athletes: Navigating NIL Agreements Made Simple with Crystal Clear Tax Insights
In the fast-paced world, where TV deals and recruitment strategies make headlines, there’s a new player in the spotlight—the emergence of Name, Image, and Likeness
IRS Offers Financial Help for 4.7 Million Taxpayers
The IRS has recently introduced a penalty relief initiative to assist around 4.7 million individuals, businesses, and tax-exempt organizations who missed automated collection reminder notices
Navigating Tax Incentives: Treasury and IRS Illuminate Guidelines for the Green Energy Investment Credit
Are you a forward-thinking entrepreneur or an individual searching for innovative ways to save on taxes while contributing to a greener environment? The Internal Revenue
Emergency Tax Relief: IRS Announces Deadline Extension to June 17 for Florida Residents Coping with Storm Impact
In a recent announcement, the Internal Revenue Service (IRS) extended a helping hand to individuals and businesses grappling with the aftermath of severe storms, flooding,
Innovation in Action: IRS and Treasury Hit Milestone with Clean Energy Credits Online Tool
The Internal Revenue Service (IRS) and the Treasury Department are making significant strides in implementing key provisions of the Inflation Reduction Act, reaching a groundbreaking
IRS Advisory Council Welcomes New Members for 2024
The Internal Revenue Service (IRS) has announced the appointment of 12 new members to the Internal Revenue Service Advisory Council (IRSAC). Established in 1953, the
Understanding Tax Implications for Student-Athletes in NIL Agreements (2024 Guide)
Are you a student-athlete exploring the exciting world of Name, Image, and Likeness (NIL) agreements? In the competitive and ever-evolving landscape of collegiate athletics, the
Unveiling a Stress-Free Tax Season: Your Comprehensive Guide to IRS Resources
As we gear up for the 2024 tax season, the Internal Revenue Service (IRS) wants to ensure you’re equipped with the right tools and information.
Simplified Reporting for Businesses: What You Need to Know About the Latest IRS Guidance on Digital Assets
In the fast-evolving landscape of digital assets, the Treasury Department and Internal Revenue Service (IRS) have issued a crucial announcement, clarifying reporting requirements for businesses.
Empower Your Finances: IRS Offers Free Video Content on 2023 Form 1099-K Regulations
Looking for help with reporting income from payment apps and online sales? Feeling a bit lost? Good news – the IRS has a free video
Tax Season Made Simple: Millions Eligible for Free IRS Filing through IRS online portal
As the IRS kicks off its 22nd filing season, taxpayers can get a head start on their returns with the IRS Free File Guided Tax
IRS Takes the Lead in Directing Employers on Emergency Savings Accounts Implementation
In order to save employees from unforeseen financial challenges, the Internal Revenue Service (IRS) recently issued initial guidance on Pension-Linked Emergency Savings Accounts (PLESAs). As
