Tag: BOOKS TAXES AND MORE
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IRS CP504: The Final Warning Before the IRS Strikes
IRS Notice CP504 is not a bill. It’s a threat. This final notice of intent to levy tells you the IRS is about to seize your assets. Bank accounts, wages, and state tax refunds are all at risk. It follows a series of ignored letters and serves as the IRS’s last warning before enforcement. That’s…
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What the One Big Beautiful Bill Means for Your Taxes and How Steve Perry, EA Can Help
The One Big Beautiful Bill signed by President Trump in July 2025 brings significant tax changes for individual taxpayers. It permanently extends the reduced income tax rates from the 2017 Tax Cuts and Jobs Act and increases the standard deduction for both single and joint filers. Families benefit from a higher child tax credit, while…