When college athletes sign endorsement deals, appear in ads, or get paid for their name, image, and likeness (NIL), they’re not just entering a new playing field — they’re stepping into the world of taxable income. Since 2021, NIL rights have allowed student-athletes to earn money from sponsorships, social media, appearances, and collectives. But what many don’t realize is that the IRS and state tax agencies treat NIL income just like business income  — and that means it’s ta

When fans talk about professional sports, the conversation usually revolves around performance, contracts, and championships — not state tax codes. But for athletes and coaches who earn income across multiple states, the “jock tax”  can be just as important to track as game stats. Whether you’re signing your first professional contract or managing a multi-year coaching deal, understanding how the jock tax works can save you from unexpected tax bills (and headaches) later. Wha

For the first time in 25 years, Connecticut has rewritten the rules for earning a Certified Public Accountant (CPA) license — and the...

Now That Paper Checks Are Out, Here’s What to Do Next As of today, September 30, 2025, the IRS no longer accepts paper checks for tax...

A brand-new tax law—the One Big Beautiful Bill (OBBBA), signed on July 4, 2025—is delivering sweeping changes. Among its many perks, it...

Published by Turner Business Solutions Helping individuals and small businesses navigate change with clarity and confidence. If you're...

Published by Turner Business Solutions Helping individuals and small businesses navigate change with clarity and confidence. The One Big...

Published by Turner Business Solutions Helping individuals and small businesses navigate change with clarity and confidence. The One Big...

Published by Turner Business Solutions Helping individuals and small businesses navigate change with clarity and confidence. The “One Big...

Receiving a notice from the IRS can be intimidating, especially when it’s a reminder of an unpaid balance. One common notice that...

If you’ve received an IRS Notice CP503 in the mail, it’s understandable to feel a bit anxious. The IRS uses this notice to inform you...

One of the most common questions taxpayers have is, "How far back can the IRS audit me?" It's a valid concern because an IRS audit can...

The IRS has recently announced adjustments for the 2025 tax year, which include new tax brackets and updates to the standard deduction....

Missing the tax deadline is stressful enough, but what happens if you also miss the extension deadline? While it’s not an ideal...

If you’ve ever looked into personal finance or debt elimination, chances are you’ve come across Dave Ramsey’s 7 Baby Steps. This...

We are excited to share a significant milestone for our firm—we are now officially a Dave Ramsey Pro Advisor ! This partnership aligns...

Section 179 of the U.S. Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software,...

If you’ve recently received IRS Notice CP21A in the mail, you might be wondering what it means and what action you need to take. This...

If Donald Trump becomes President again, his tax plan is expected to be a cornerstone of his economic agenda, drawing from his previous...

Cost segregation studies can be a powerful tool for commercial property owners to reduce tax liability and improve cash flow. This...