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Michael Silvers
6 days ago4 min read
How to Avoid Becoming a Victim of Personal Financial Fraud: Expert Advice from Your Local Accountant
Personal financial fraud is an increasing concern in today’s digital world, where scams and fraudulent schemes have become more...
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Michael Silvers
Jan 272 min read
4 Key Updates You Need to Know Before Filing Your 2024 Taxes
Tax season has officially arrived! As of January 27, the IRS is accepting 2024 tax returns, with the deadline for filing set for April...
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Michael Silvers
Jan 223 min read
Can I Write Off My Dog as a Tax Expense?
As pet owners, we know how much love and joy our furry friends bring into our lives. They’re playful, loyal, and always ready to greet us...
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Michael Silvers
Jan 152 min read
IRS Extends Tax Deadlines for LA County Due to Wildfires
In light of the catastrophic wildfires that have devastated many parts of Los Angeles County, federal, state, and local tax authorities...
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Michael Silvers
Jan 123 min read
Los Angeles Wildfire Assistance: Key Resources & Expert Tips from Your Accountant
If you’re impacted by the recent wildfires in Los Angeles, there are several key resources available to support your recovery.
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Michael Silvers
Jan 73 min read
Attention PayPal, Venmo, and Cash App Users: What the New IRS Tax Rule Means for You in 2024
Starting with your 2024 taxes (due in 2025), PayPal & Venmo will report earnings over $5,000 to the IRS, making it easier to track your bus
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Michael Silvers
Jan 12 min read
2024-2025 Tax Changes: What You Need to Know
2024-2025 Tax Changes: What You Need to Know As a business owner, staying up-to-date with tax law changes is crucial for managing your...
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Michael Silvers
Jan 14 min read
End-of-Year Tax Checklist: 7 Ways to Reduce Your Tax Bill
As the year draws to a close, now is the perfect time to get ahead on your taxes. While tax season may seem far off, the decisions you...
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Michael Silvers
Dec 24, 20244 min read
Key 2025 Retirement Plan Changes: 5 Tips Employers and Employees Need to Know
As we look ahead to 2025, there are some important changes coming to retirement accounts like IRAs and 401(k)s that could have a big impact
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Michael Silvers
Dec 21, 20245 min read
2025 Tax Refund Dates: Where’s My Refund, And When Will I Get It?
Tax season is always a stressful time of year for many, and waiting for your tax refund can feel like an eternity.
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Michael Silvers
Nov 13, 20242 min read
California Imposes New Requirements for Engaging Independent Contractors
Overview of the New Law In a move echoing legislative efforts across various states, California Governor Gavin Newsom has signed Senate...
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Michael Silvers
Nov 10, 20243 min read
Anticipated 2025 Tax Reforms Under President-Elect Trump: What You Need to Know
As 2025 approaches, President-Elect Donald Trump has proposed significant tax reforms that could reshape the financial landscape for...
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Michael Silvers
Aug 9, 20243 min read
Protect Yourself from Fake Tax Returns and Stolen Refunds: What You Need to Know
Stolen Identity Refund Fraud (SIRF) is a growing concern that can lead to serious financial issues for taxpayers. This scam occurs when...
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Michael Silvers
Jun 18, 20243 min read
IRS Tightens Tax Rules: What Business Owners Need to Know
The IRS is ramping up its efforts to close tax loopholes with the help of new funding from the Inflation Reduction Act. This increased...
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Michael Silvers
Jun 6, 20241 min read
Master Your Business Finances: A Step-by-Step Guide
Running a successful business requires more than just passion; it demands strategic financial planning. Here's a creative guide to help...
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Michael Silvers
May 1, 20242 min read
Navigating Post-Tax Season: Planning Ahead and Managing Extensions
The April 15th tax deadline has passed, but the work doesn't end there. Whether you've filed on time, are on an extension, or are just...
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Michael Silvers
Feb 25, 20241 min read
Unveiling Our New Digital Frontier for Enhanced Financial Insights and Services
Welcome to the Next Level of Financial Empowerment: Silvers Financial Services' New Website Launch We are thrilled to announce the launch...
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