by Andrews Tax Accounting & Bookkeeping | Oct 24, 2025 | Educational
IRS Limiting Services During Shutdown As Budget Cuts Staff The IRS is limiting services during the government shutdown, the tax agency has announced. Congress has yet to approve a budget for the new fiscal year. This is causing hundreds of government offices to...
by Andrews Tax Accounting & Bookkeeping | Oct 17, 2025 | Educational
US Phasing Out Paper Checks for Tax Refunds, Most Federal Payments The US is phasing paper checks for tax refunds, Social Security and most other federal payments starting this month. Instead, the government is focusing on electronic payments, particularly direct...
by Andrews Tax Accounting & Bookkeeping | Sep 18, 2025 | Educational
Work Opportunity Tax Credit Helps Both Employers and Struggling Job Seekers The Work Opportunity Tax Credit (WOTC) is a federal tax credit for businesses that hire specific types of people who face extra challenges getting a job. The amount of the credit varies based...
by Andrews Tax Accounting & Bookkeeping | Sep 4, 2025 | Educational
Hands-Off Investing Often Outperforms Micromanaging Hands-off investing refers to the “set it and forget it” mode of investing. That is, you put your money into mutual funds and then make only minor changes over the long term. Instead of reacting to fluctuations (or...
by Andrews Tax Accounting & Bookkeeping | Aug 21, 2025 | Educational
Credit Card Surcharges Can Cover Fees but Turn Off Customers Credit card surcharges have become increasingly popular lately. At least among merchants. More and more frequently, companies are charging a fee to cover the cost of credit-card processing, but some...
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