Tax Hoots
Proposed Tax Bill: Impact on Cash Flow and Growth
A newly released draft of the proposed tax bill from the House Ways and Means Committee is sparking attention nationwide, particularly among growth-oriented businesses. Its implications for corporate cash flow
IRS Layoffs and Budget Cuts: Taxpayer Impacts in 2025
Major changes are underway at the Internal Revenue Service (IRS), and they’re already beginning to affect millions of Americans. In 2025, widespread IRS layoffs and budget cuts are not just
Business Tax Returns: Scout Tax Makes Amendments Easy
Running a business is fulfilling, but it can also be chaotic. Between managing operations, serving customers, balancing finances, and staying compliant, it is easy to overlook a detail or make
Tax Documents: Keep, Shred, and Stay Organized
Let’s be honest, nobody enjoys dealing with paperwork, especially when it starts piling up. But when it comes to taxes, knowing what tax documents to keep and what to toss
Sales Tax Audits: How to Contest and Defend Your Position
Sales tax audits can be stressful, time-consuming, and costly for businesses. State tax authorities, like the California Department of Tax and Fee Administration (CDTFA), conduct these audits to ensure businesses
Tax Breaks: 10 Key Benefits for Homeowners and Buyers
Owning a home comes with significant financial responsibilities, but it also provides valuable tax benefits that can help you save money. Whether you’re a first-time homebuyer or a seasoned homeowner,
IRS Audit: 3 Red Flags to Watch Out For
No one wants to receive that dreaded IRS audit notice in the mail. While most taxpayers file their returns without issue, certain red flags can increase the likelihood of an
Tax Relief Resources for Those Impacted by the LA Wildfires
The devastating wildfires in Los Angeles have left many individuals and businesses facing financial and emotional hardship. If the situation affects you, you may qualify for tax relief to reduce
IRA Taxes: Rules for Smart Planning
Individual Retirement Accounts (IRAs) are a powerful tool for saving for retirement while offering tax advantages. However, navigating IRA taxes and the related rules can be complex. Understanding these regulations
