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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...

How Trump’s Deal with Saudi Arabia May Affect Santa Clarita Businesses and Residents – Professional Tax Services

by George Simpson | Jun 27, 2025 | Business News

How Trump’s Deal with Saudi Arabia May Affect Santa Clarita Businesses and Residents – Professional Tax Services Finally, Good Economic News for Santa ClaritaPresident Trump’s recent $600 billion investment agreement with Saudi Arabia should have significant...
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