The IRS Is Ditching Paper Checks. Here’s What That Means for You.
Starting September 30, 2025, the IRS will stop accepting or issuing paper checks for nearly all payments including refunds, estimates, and trust filings. If you or your business still relies on mailing payments or receiving checks, it’s time to switch to electronic options. This post breaks down who’s affected, what to do next, and how we can help you stay ahead of the change.
Top 5 Tips for 2025: Take Charge of Your Individual Tax Strategy
Start 2025 on the right foot with proactive tax planning! At The Purple Group, we’ve outlined the Top 5 Tax Tips to help you save, simplify, and achieve your goals. From maximizing retirement contributions to making strategic charitable donations, these actionable tips will ensure your tax strategy works for you this year. Let’s make 2025 your most financially successful year yet!
Don’t Get Caught Off Guard: Important Deadline Approaching for Business Owners
We break down Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act (CTA): what these reports are, who needs to file, and the penalties for non-compliance. Plus, unique considerations for those in community property states.