Taxation

Category: Taxation

One Big Beautiful Bill Act

One Big Beautiful Bill Act (OBBBA): Major Tax Changes for Individuals and Business Owners in 2025

Posted By:sginccpa

The One Big Beautiful Bill Act (OBBBA) contains some of the most comprehensive federal tax reforms in recent years. The working families’ tax relief Act, as the name suggests, is intended to simplify the tax code and offer tax relief for both individuals and businesses. Taxpayers of all kinds will be affected by these new… Continue reading One Big Beautiful Bill Act (OBBBA): Major Tax Changes for Individuals and Business Owners in 2025

top 7 tax deductions most doctors miss

Top 7 Tax Deductions Most Doctors Miss — And How to Claim Them Legally

Posted By:sginccpa

Doctors have a tendency to get so caught up in their patient’s lives that they forget about the big tax deductions they can take advantage of. Many doctors are needlessly overpaying taxes by thousands of dollars per year simply by not being aware of the tax write-offs available to them. The good news is that… Continue reading Top 7 Tax Deductions Most Doctors Miss — And How to Claim Them Legally

Top 5 Reasons Doctors & Business Owners Hire a Tax Strategist

Top 4 Reasons Doctors & Business Owners Hire a Tax Strategist

Posted By:sginccpa

Managing your business requires constant effort and attention to detail because of the challenges involved in operations management and marketing brand initiatives as well as customer service. People often overlook tax credits when they have multiple tasks to deal with. New changes in the Internal Revenue Code every year produce unique tax returns that require… Continue reading Top 4 Reasons Doctors & Business Owners Hire a Tax Strategist

SG Inc CPA

How to Claim a Tax Deduction for Medical Expenses in 2025

Posted By:sginccpa

Struggling with medical bills? Are you looking for ways to save money during tax season? Filing your 2025 personal income tax return provides important relief options to help you save money. It’s time to consider obtaining a return on your medical bills through your 2025 tax return. This blog teaches you how to claim medical… Continue reading How to Claim a Tax Deduction for Medical Expenses in 2025

SG Inc CPA

How to Get Your IRS Refund Faster In 2025 — Tips from SG Inc CPA

Posted By:sginccpa

Most taxpayers share the common goal of receiving their IRS tax refund as soon as possible. A quick arrival of your tax refund benefits you when you need it for savings, reducing debt, or making large purchases. A minor error or skipped procedure might push back your refund for several weeks. SGINC CPA allows clients… Continue reading How to Get Your IRS Refund Faster In 2025 — Tips from SG Inc CPA

Social Security and Your Taxes Five Things to Know This Tax Season

Social Security and Your Taxes: Five Things to Know This Tax Season

Posted By:sginccpa

This is tax season once again. It’s what must be said for journalistic purposes. Still, Social Security recipients know it isn’t news: those getting Social Security income for a working lifetime can depend upon it for at least a third — and often more — of a lifetime retirement income. Is Social Security taxable? What… Continue reading Social Security and Your Taxes: Five Things to Know This Tax Season

Small Business Tax Credits—How to Save Big

Small Business Tax Credits How to Save Big?

Posted By:sginccpa

The secret of business success lies in spending less and saving more. Businesses and taxes are two parameters that go side by side. Without businesses, there are no taxes, which are obvious to a business. Small Business credits are an interesting way to evade taxes and save money. SG INC CPA shares an excellent course of tax practices to save you from hefty taxes.… Continue reading Small Business Tax Credits How to Save Big?