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Tax Season and How AI Can Be Used To Try to Scam You – Professional Tax Services

by George Simpson | Nov 28, 2025 | Business News

Tax Season and How AI Can Be Used To Try to Scam You – Professional Tax Services Artificial intelligence is enabling some scammers to become more progressive and harder to spot. In 2024, the Federal Trade Commission estimated that scams cost American taxpayers...

How to Avoid IRS AI Red FLAGS – Professional Tax Services

by George Simpson | Oct 29, 2025 | Business News

How to Avoid IRS AI Red FLAGS – Professional Tax Services The tax gap is the difference between what taxpayers owe the IRS and what the agency actually collects. The current estimated tax gap is between $500 and $700 billion annually. The IRS believes it will...

Can Local Taxes Be Prevented from Rising? – Professional Tax Services

by George Simpson | Oct 1, 2025 | Business News

Can Local Taxes Be Prevented from Rising? – Professional Tax Services We are advocates for our clients and always hope that their taxes will not rise. Recently, we came across a document published by the California Community Economic Development Association...

Advantages and Disadvantages of US Government Stablecoins – Professional Tax Services

by George Simpson | Aug 30, 2025 | Business News

Advantages and Disadvantages of US Government Stablecoins – Professional Tax Services Stablecoins are a cryptocurrency that are generally backed by reserves. This helps ensure that the value of the coins remains aligned with the value of whatever they are pegged...

How a Middle East Flare-Up Could Affect California’s Economy – Professional Tax Services

by George Simpson | Jul 31, 2025 | Business News

How a Middle East Flare-Up Could Affect California’s Economy – Professional Tax Services Hopefully, the recent Middle East conflict ceasefire will lead to a long-lasting peace. Some experts, however, believe that the ceasefire will not hold up and could escalate...
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