Buried inside the One Big Beautiful Bill Act are federal solar tax credit changes that deserve your attention now. Two of the credits that matter most to commercial property owners, the Investment Tax Credit and the Production Tax Credit, are still available, but only if you move fast. A third, the Commercial Building Energy Efficiency Deduction, has a hard termination date that is closer than most people realize.
An Offer in Compromise allows you to settle your tax debt with the IRS for less than the full amount owed. Azarvand Tax Law's Tina Azarvand helps you determine if you qualify and how to pursue your Fresh Start.
Understanding your rights can mean the difference between paying thousands you don't owe and successfully defending your position. Tax Attorney Tina Azarvand walks you through your rights and your options when you feel your rights have been violated, as well as highlights the areas where many salons get in trouble.
Both HSAs and FSAs offer valuable tax advantages and can significantly reduce the financial burden that comes with healthcare costs. Find out the difference between the two and how they may benefit both you and your employees.
The IRS has significantly altered its approach to how businesses address the income tax implications of Employee Retention Credit (ERC) claims, offering much-needed relief for taxpayers caught between conflicting guidance and practical realities. Tina Azarvand tells you what you need to know.
The beauty industry has achieved a historic victory with the passage of the No Tax on Tips Act as part of the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025. For the first time in decades, beauty professionals and salon owners now enjoy the same tax benefits that restaurants have received since 1993. Learn the ins and outs of the new legislation.
Is your salon in need of support staff? Open up your mind to the hiring possibilities and tax advantage of an often over-looked tax credit that can help you hire qualified individuals for less.
Regardless of your political stance, the incoming administration's proposed tax reform could have a significant impact on your beauty business. And while the final legislation may differ from the current proposals, staying informed and strategically planning ahead is key to navigating these potential changes.
Three U.S. Senators have introduced the Employee Retention Tax Credit Repeal Act of 2024, which seeks to retroactively end the Employee Retention Tax Credit for claims filed after January 31, 2024, and impose heightened penalties for fraudulent ERC claims. Find out what this means to you.
Navigating the complex world of tax penalties and abatement can be challenging, especially while trying to run a successful business. If you're facing IRS penalties or want to ensure you're taking the proper steps to avoid them, our resident tax attorney can set you on the right course of action.
After a year-long moratorium on claims filed since September 13, 2023, the IRS finally announced significant updates to its Employee Retention Credit processing and payment procedures, which has significant implications for salons businesses that have claimed or are considering claiming it.
Understanding the different due dates for federal tax deposits and meeting with a tax professional to create a plan will streamline the process and help you avoid unnecessary penalties and interest.
As the IRS announces a crackdown on Employee Retention Credit claims, Azarvand Tax Law's Claudia Vasquez steps in with some helpful advice in identifying if your claim could be at risk and what you can do about it now to avoid trouble later.
What kind of tax professional do you need for your business? Tax Attorney Tina Azarvand walks you through the different specialties.
Following up on their advice to avoid tax pitfalls, Azarvand Tax Law discusses overclaiming the Employee Retention Credit, the benefits of proactive tax planning and preparing estimated tax payments.
With tax day looming ahead, Tax Law Experts Tina Azarvand and Claudia Vasquez outline some of the common pitfalls where salon owners make a misstep when it comes to filing (or not) their tax returns.