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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

Michael Silvers
Jan 73 min read
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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...

Michael Silvers
Jan 12 min read
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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...

Michael Silvers
Jan 14 min read
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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

Michael Silvers
Dec 24, 20244 min read
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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.

Michael Silvers
Dec 21, 20245 min read
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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...

Michael Silvers
Nov 13, 20242 min read
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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...

Michael Silvers
Nov 10, 20243 min read
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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...

Michael Silvers
Aug 9, 20243 min read
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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...

Michael Silvers
Jun 18, 20243 min read
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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...

Michael Silvers
Jun 6, 20241 min read
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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...

Michael Silvers
May 1, 20242 min read
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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...

Michael Silvers
Feb 25, 20241 min read
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