CPA Insights - IRS

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Where’s my IRS tax refund? Reasons Why IRS Isn’t Responding

If you’re still waiting for a tax refund or have tried to contact the IRS directly in 2024, here are six reasons why you might not be getting a response.

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Should I do my own Taxes in 2024 or Hire a Licensed CPA?

In the past, I’ve had a “tax professional” handle my personal and business taxes. However, lately, I suspect I might be missing out on some deductions that could increase my return.

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401K vs. IRA: Benefits and Differences for Smart Retirement Planning in 2024

As an individual and a business owner, the choices you make today will significantly impact your future, the future of your employees, and the future of your business. This is especially true when planning for retirement and making decisions about benefits.

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S Corporations: Operations and Filing Taxes

Business owners often wonder which business entity makes the most sense for their situation. An S Corporation (S Corp) is a popular choice because it offers both personal liability protection and certain tax benefits for corporate and personal income tax.

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Hobby or Business? Understanding the Difference According to IRS Rules

When you’re passionate about something, it’s easy to lose track of time—and money—pursuing it. But if that passion starts bringing in cash, it’s time to ask yourself: Is this a hobby, or have I inadvertently become a business owner?

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Your 2024 Guide to IRS Form 8300: Cash Reporting Made Easy

Hey there, business owners! It’s your team at Insogna CPA, and we’ve got some must-know updates about IRS Form 8300 that might just save you a headache or two.

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