Don't Miss the June 16, 2025 Deadline for Q2 Estimated Taxes! As we approach the middle of 2025, it's crucial for many individuals and businesses to remember a key tax deadline: June 16, 2025, for your Second Quarter Estimated Tax Payments. While the typical due date is June 15th, since June 15, 2025, falls on a Sunday, the deadline is extended to the next business day, Monday, June 16th. This payment covers income earned from April 1, 2025, through May 31, 2025. Who Needs to Pay Estimated...
11 days ago • 2 min read
Important Announcement: Federal Payments Go Paperless! Effective September 30, 2025, a new Executive Order mandates that all federal government payments will transition from paper checks to electronic disbursements. This significant change impacts individuals and businesses receiving payments from the U.S. Treasury, including Social Security benefits, tax refunds, and vendor payments. The move to electronic payments, driven by Executive Order 14247 “Modernizing Payments To and From America's...
18 days ago • 1 min read
The Mid-Year Tax Tune-Up for Business Owners: Plan Ahead, Prosper Always! As a savvy business owner, you know that success isn't just about sales and services – it's also about smart financial management, especially when it comes to taxes. With half the year behind us, now is the perfect time to conduct a mid-year tax review. This proactive approach can help you identify opportunities, avoid surprises, and set yourself up for a smoother tax season when it arrives. Here's a checklist to guide...
25 days ago • 2 min read
Beyond Basic Rentals: How Your Airbnb Can Become a Tax-Saving Machine Are you an Airbnb host, or considering becoming one? If so, you're in for a treat! While short-term rentals offer fantastic income potential, did you know they can also unlock significant tax advantages that could save you thousands? It all comes down to understanding what the IRS considers "substantial services." This isn't just about renting out a spare room. By providing services similar to a hotel or bed-and-breakfast,...
about 1 month ago • 2 min read
For Doctors, Dentists, and Therapists: Unlock $9,500+ in Annual Tax Savings Are you a dedicated medical practice doctor, dentist, or physical therapist focused on providing excellent care? While you're busy helping others, you might be overlooking significant opportunities to save money on your taxes. At RSK TAX AND CONSULTING, LLC, we understand the unique financial landscape of healthcare professionals. You work tirelessly, and you deserve to keep more of what you earn. That's why we...
about 1 month ago • 1 min read
Breathe Easy, Plan Smart: Your Post-Tax Season Check-Up is Here! The flurry of tax season has finally settled. At RSK TAX AND CONSULTING, LLC, we know you've put in the work to file your returns. Now, as the dust clears, it's the perfect opportunity to take a step back and gain valuable insights for the future. This isn't just about putting paperwork away until next year. It's about understanding your financial landscape, identifying areas for improvement, and proactively planning for a...
about 2 months ago • 2 min read
Unlock Your Financial Power: Mastering Your Books for Success Ever feel like you're navigating your finances in the dark? You're not alone! Understanding your financial situation and keeping accurate books isn't just about ticking boxes – it's your secret weapon for achieving financial success and planning for a smoother tax season. Think of your financial records as a roadmap. Without it, you're driving blind, unsure of where you've been, where you are, and where you're headed. But with...
about 2 months ago • 1 min read
Post-Tax Season Real Estate Opportunities for Business Owners As the dust settles from the April 15th tax deadline, many business owners are now looking ahead and considering strategic investments. Your tax return could be the key to unlocking exciting real estate opportunities. This newsletter delves into how you can leverage your tax outcomes and navigate the current market to expand your real estate portfolio. Maximizing Your Tax Return for Real Estate Investment The post-tax season...
2 months ago • 3 min read
Don't Forget! April 15th Deadline & 1st Quarter Payments Are Here! Hello everyone, This is a friendly reminder about some important financial deadlines that have just passed and are currently due! We want to ensure you're on track and avoid any potential penalties. Mark Your Calendars (If You Haven't Already!): April 15th Deadline: This past Monday marked a significant deadline for many. It's crucial to have taken the necessary actions by this date. 1st Quarter Payments: For those who pay...
2 months ago • 2 min read