Author name: JAF CPA LLC

Tax season shouldn’t feel like pulling teeth, but for many small business owners, it often does. Between deciphering complex deduction rules and meeting strict filing deadlines, the stress can mount quickly, leaving you distracted from growing your business. At JAF CPA LLC, we specialize in transforming your biggest tax challenges into streamlined, stress-free processes. Serving […]

In response to the severe storms, straight-line winds, and flooding that began on July 2, 2025, the Internal Revenue Service (IRS) has announced extended tax deadlines for individuals and businesses in parts of Texas.If you live or operate a business in Kerr County, you now have until February 2, 2026, to file certain federal individual

Key Tax Deadline: June 16, 2025, for U.S. Expats If you’re a U.S. citizen or resident alien living abroad, you must file your 2024 federal income tax return by June 16, 2025. This deadline applies to all U.S. taxpayers residing outside the country, including those with dual citizenship. Missing this deadline can lead to penalties

On March 29, 2025, we mark the 50th anniversary of the Earned Income Tax Credit (EITC), a key part of the Tax Reduction Act signed into law by President Gerald Ford in 1975. What started as a modest program to support working families has grown into one of the largest anti-poverty initiatives in the U.S.,

The IRS has announced tax relief measures for individuals and businesses in parts of West Virginia impacted by severe storms, straight-line winds, flooding, landslides, and mudslides beginning on February 15, 2025. Affected taxpayers now have until November 3, 2025, to file federal individual and business tax returns and make tax payments. The IRS relief applies

As tax season approaches, the IRS has issued a crucial reminder for retirees who turned 73 in 2024. If you fall into this category, you must begin taking Required Minimum Distributions (RMDs) from your Individual Retirement Accounts (IRAs), 401(k)s, and other workplace retirement plans by Tuesday, April 1, 2025. Key Points About RMDs for 2024

The IRS has extended various tax filing and payment deadlines for individuals and businesses affected by the disaster that began on January 7, 2025. Eligible taxpayers now have until October 15, 2025, to file federal tax returns and make tax payments. Affected Areas Currently, relief is available to taxpayers in Los Angeles County. Additional areas

At JAF CPA LLC, we’re committed to helping you navigate the complexities of tax compliance with ease and confidence. If you paid too little tax in 2024, it’s not too late to avoid unexpected penalties by making your fourth quarter estimated tax payment by January 15, 2025.  Here’s what you need to know:  Why You