<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[TaxCity Advisors]]></title><description><![CDATA[TaxCity Advisors is a premier tax consulting firm specializing in providing comprehensive tax planning & advisory services to individuals & businesses]]></description><link>https://www.taxcityadvisors.com/blog</link><generator>RSS for Node</generator><lastBuildDate>Fri, 24 Jul 2026 16:33:51 GMT</lastBuildDate><atom:link href="https://www.taxcityadvisors.com/es/blog-feed.xml" rel="self" type="application/rss+xml"/><item><title><![CDATA[Filing Bankruptcy? Make Sure Your Tax Returns Are Ready | Bankruptcy Tax Compliance]]></title><description><![CDATA[If you have not filed required tax returns, your bankruptcy attorney may recommend getting those returns completed before moving forward or as part of the bankruptcy process.]]></description><link>https://www.taxcityadvisors.com/post/filing-bankruptcy-make-sure-your-tax-returns-are-ready</link><guid isPermaLink="false">6a5d79a29b75ec2926a96d30</guid><category><![CDATA[Bankruptcy Tax Compliance]]></category><pubDate>Mon, 20 Jul 2026 01:48:56 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_33afafc5f09547d3b29107c2c410c4f5~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[3 Ways QuickBooks Helps Small Businesses Stay Organized and Profitable This Summer]]></title><description><![CDATA[Summer can be one of the busiest or most unpredictable times of the year for small business owners. Whether you're managing seasonal sales, taking family vacations, hiring temporary staff, or simply trying to enjoy the warmer months, staying on top of your finances is essential. The good news? QuickBooks can help you stay organized while giving you the financial visibility needed to keep your business profitable all summer long. 1. Track Income and Expenses in Real Time Summer often brings...]]></description><link>https://www.taxcityadvisors.com/post/3-ways-quickbooks-helps-small-businesses-stay-organized-and-profitable-this-summer</link><guid isPermaLink="false">6a31cdab6d96cdce7d2eca6a</guid><category><![CDATA[Bookkeeping & Quickbooks Online]]></category><pubDate>Tue, 16 Jun 2026 22:33:48 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_b850f9e63a1c4854a388f042170bb301~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[Your Greatest Inheritance Isn't Always Money]]></title><description><![CDATA[History is filled with stories of families who built wealth over a lifetime only to watch it disappear within a generation or two.]]></description><link>https://www.taxcityadvisors.com/post/your-greatest-inheritance-isn-t-always-money</link><guid isPermaLink="false">6a30674273256d50c4eff2f3</guid><category><![CDATA[IRS Resolution & Tax Planning]]></category><pubDate>Mon, 15 Jun 2026 21:17:25 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_8b34ddcc309c48448b9f3dfaf30077f3~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[How to Save Your Great Uncle From Uncle Sam: Tax Planning Tips for Retirees]]></title><description><![CDATA[One of the biggest misconceptions about retirement is that taxes simply go away.]]></description><link>https://www.taxcityadvisors.com/post/how-to-save-your-great-uncle-from-uncle-sam-tax-planning-tips-for-retirees</link><guid isPermaLink="false">6a3015025a1832d8fd7a9456</guid><category><![CDATA[IRS Resolution & Tax Planning]]></category><category><![CDATA[Tax Tips & Updates]]></category><pubDate>Mon, 15 Jun 2026 15:43:59 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_c034a52b206243cc950656c7e4170592~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[I'm Retired and Collecting Social Security. Do I Still Have to Pay Self-Employment Tax?]]></title><description><![CDATA["I'm collecting Social Security now. Do I still have to pay self-employment tax on my business income?"]]></description><link>https://www.taxcityadvisors.com/post/i-m-retired-and-collecting-social-security-do-i-still-have-to-pay-self-employment-tax</link><guid isPermaLink="false">6a2d86066ff4252af8f7f93a</guid><category><![CDATA[Tax Tips & Updates]]></category><category><![CDATA[IRS Resolution & Tax Planning]]></category><pubDate>Sat, 13 Jun 2026 16:55:58 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_26fec942fb9d4210af1cd1387dea637a~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[When Should a Self-Employed Person Elect S-Corporation Status?]]></title><description><![CDATA[The primary advantage is reducing self-employment taxes.]]></description><link>https://www.taxcityadvisors.com/post/when-should-a-self-employed-person-elect-s-corporation-status</link><guid isPermaLink="false">6a2d802c6ff4252af8f7f654</guid><category><![CDATA[IRS Resolution & Tax Planning]]></category><category><![CDATA[Tax Tips & Updates]]></category><pubDate>Sat, 13 Jun 2026 16:29:47 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_31eefc03811b4746b9764e262f920161~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[When Tax, Finance, and Legal Matters Intersect: Why Collaboration Matters]]></title><description><![CDATA[Legal matters frequently involve financial documentation.]]></description><link>https://www.taxcityadvisors.com/post/when-tax-finance-and-legal-matters-intersect-why-collaboration-matters</link><guid isPermaLink="false">6a2c87886ff4252af8f7925e</guid><category><![CDATA[Bankruptcy Tax Compliance]]></category><pubDate>Fri, 12 Jun 2026 22:56:48 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_20f46606dbb8476db312d76a62f87cfd~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[ How Entrepreneurs Can Legally Lower Their Taxes This Upcoming Tax Season]]></title><description><![CDATA[As an entrepreneur, tax season can either be an opportunity or a headache. The truth is, most business owners overpay in taxes simply because they didn’t plan ahead. The key is knowing how to structure your finances, take advantage of deductions, and implement year-round tax strategies, not waiting until filing season to scramble for last-minute write-offs. Here’s a practical guide to help you avoid unnecessary taxes this coming season: 1️⃣ Start with Year-Round Bookkeeping Too many...]]></description><link>https://www.taxcityadvisors.com/post/how-entrepreneurs-can-legally-lower-their-taxes-this-upcoming-tax-season</link><guid isPermaLink="false">6843c5ac012d4b18f389478c</guid><category><![CDATA[Tax Preparation]]></category><category><![CDATA[IRS Resolution & Tax Planning]]></category><category><![CDATA[Tax Tips & Updates]]></category><category><![CDATA[Small Business]]></category><pubDate>Fri, 29 May 2026 00:18:37 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_3f167ac4a94e491c8aafa6e18cb402e0~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[Why Bookkeeping Matters for Small Businesses: It’s More Than Just “Keeping Records”]]></title><description><![CDATA[Running a small business means wearing a lot of hats. One minute you’re serving customers, the next you’re answering emails, paying vendors, or trying to figure out where all the money went at the end of the month. One of the biggest mistakes small business owners make is waiting until tax season to get organized. The truth is: bookkeeping is not just about taxes. It’s about protecting your business, proving your income, tracking your expenses, and building a financially healthy company....]]></description><link>https://www.taxcityadvisors.com/post/why-bookkeeping-matters-for-small-businesses-it-s-more-than-just-keeping-records</link><guid isPermaLink="false">6a18d24bb2b59ee8f7518257</guid><category><![CDATA[Small Business]]></category><category><![CDATA[Bookkeeping & Quickbooks Online]]></category><category><![CDATA[Tax Tips & Updates]]></category><category><![CDATA[IRS Resolution & Tax Planning]]></category><pubDate>Fri, 29 May 2026 00:05:47 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_69c11adfa716486f8ed4d586b80893cb~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[Why Tax Planning Should Start Before Tax Season]]></title><description><![CDATA[When most people think about taxes, they think about January through April. But the truth is, by the time tax season arrives, many of the biggest opportunities to reduce your tax bill have already passed. At TaxCity Advisors, we believe tax planning should be proactive, not reactive. Tax preparation is about reporting what already happened. Tax planning is about strategically preparing before the year ends so you can potentially save money, reduce surprises, and make smarter financial...]]></description><link>https://www.taxcityadvisors.com/post/why-tax-planning-should-start-before-tax-season</link><guid isPermaLink="false">6a134244b8fa3083ec190a24</guid><category><![CDATA[IRS Resolution & Tax Planning]]></category><category><![CDATA[Tax Tips & Updates]]></category><category><![CDATA[Tax Preparation]]></category><pubDate>Sun, 24 May 2026 18:43:37 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_9ca15fb1e7c344f7ba7b451612ed0f4b~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[Why Small Businesses Should Stop Waiting Until January to Think About 1099s]]></title><description><![CDATA[Running a business comes with a lot of moving parts, and for many small business owners, contractors, and entrepreneurs, 1099 season tends to sneak up fast. Then suddenly January arrives, deadlines are approaching, and everyone is scrambling to gather information, track payments, and figure out who needs a form. At TaxCity Advisors, we always encourage business owners to stay proactive instead of reactive when it comes to taxes and financial organization. One of the easiest ways to simplify...]]></description><link>https://www.taxcityadvisors.com/post/why-small-businesses-should-stop-waiting-until-january-to-think-about-1099s</link><guid isPermaLink="false">6a0cf761cc3b47e2888db309</guid><category><![CDATA[Small Business]]></category><category><![CDATA[IRS Resolution & Tax Planning]]></category><category><![CDATA[Tax Tips & Updates]]></category><category><![CDATA[Tax Preparation]]></category><pubDate>Wed, 20 May 2026 00:34:06 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_1c4fa751109d4c0aa27e431f31757684~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[Stay Summer-Ready Without Letting Your Finances Slip]]></title><description><![CDATA[Summer is finally here vacations are booked, weekends are packed, and everyone is trying to enjoy a slower pace of life. But while you’re soaking up the sunshine, your finances still need attention. For many business owners and self-employed professionals, summer is the season where receipts pile up, invoices get forgotten, and bookkeeping gets pushed to the side. Then suddenly it’s tax season again, and you’re scrambling to figure out where your money went. That’s where QuickBooks Online...]]></description><link>https://www.taxcityadvisors.com/post/stay-summer-ready-without-letting-your-finances-slip</link><guid isPermaLink="false">6a0b783cf943bb95ae596a25</guid><category><![CDATA[Bookkeeping & Quickbooks Online]]></category><category><![CDATA[Tax Preparation]]></category><category><![CDATA[Small Business]]></category><pubDate>Mon, 18 May 2026 20:57:00 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_0b3a134211ec49d2bf7defc4f2321a0a~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[No Tax on Tips &#38; Overtime? Here’s What Workers Need to Know About Trump’s “One Big Beautiful Bill”]]></title><description><![CDATA[Politics aside, one thing that cannot be ignored is that Donald Trump has pushed several tax changes focused on working-class Americans. One of the most talked-about changes from the “One Big Beautiful Bill Act” is the temporary federal tax deductions for qualified tips and overtime pay. At Tax City Advisors, we’ve already helped qualifying clients apply these deductions during the 2025 tax filing season, and many workers were surprised to learn they may qualify. So… Is It Really “No Tax” on...]]></description><link>https://www.taxcityadvisors.com/post/no-tax-on-tips-overtime-here-s-what-workers-need-to-know-about-trump-s-one-big-beautiful-bill</link><guid isPermaLink="false">6a08f73dff1c06f8d4a646b1</guid><category><![CDATA[Tax Tips & Updates]]></category><category><![CDATA[Tax Preparation]]></category><category><![CDATA[IRS Resolution & Tax Planning]]></category><pubDate>Sat, 16 May 2026 23:10:07 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_d9a820678438470485800ba603fc10b2~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[Trump Accounts for Newborns? Why This Could Be Bigger Than Politics]]></title><description><![CDATA[Love him or hate him, one thing about Donald Trump is that he keeps people talking. Politics aside, at Tax City Advisors, we believe it’s important to pay attention to financial opportunities that could positively impact families, especially when it comes to building wealth for future generations. One criticism often discussed in America is that many families were never taught how to invest, build assets, or create long-term wealth for their children. Most people grow up learning how to work...]]></description><link>https://www.taxcityadvisors.com/post/trump-accounts-for-newborns-why-this-could-be-bigger-than-politics</link><guid isPermaLink="false">6a08ebeaff1c06f8d4a6436e</guid><category><![CDATA[Tax Tips & Updates]]></category><category><![CDATA[Tax Preparation]]></category><pubDate>Sat, 16 May 2026 22:27:02 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_2724a70766fd4a54b2be40fccdadf48f~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[Not Tracking Your Business Expenses? You’re Probably Overpaying in Taxes.]]></title><description><![CDATA[Let’s get straight to the point. If you’re self-employed or running a small business and you’re not keeping up with your bookkeeping, there’s a very good chance you’re paying more in taxes than you need to. Not because the IRS is picking on you, but because you’re leaving money on the table. Here’s the Part Most People Miss When you file taxes as an individual, you’re taxed on gross income (what you made before anything else). When you file as a business or self-employed person, you’re taxed...]]></description><link>https://www.taxcityadvisors.com/post/not-tracking-your-business-expenses-you-re-probably-overpaying-in-taxes</link><guid isPermaLink="false">69816f5bf1094fef14eb4d1c</guid><category><![CDATA[Bookkeeping & Quickbooks Online]]></category><category><![CDATA[Small Business]]></category><category><![CDATA[IRS Resolution & Tax Planning]]></category><pubDate>Tue, 03 Feb 2026 03:55:07 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_3ab5f0784653460da7f0d8d3216d0bb1~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[From LLC to S-Corp: Stop Overpaying Taxes &#38; Start Moving Like a Real Business]]></title><description><![CDATA[Let’s get straight to it! If your LLC is making money and you’re still paying self-employment tax on every single dollar, you’re probably giving the government more than it deserves. An S-Corp election isn’t a flex—it’s a strategy. And when done right, it keeps more money in your pocket. This isn’t TikTok tax advice. This is grown-business talk. First Things First: What an S-Corp Actually Is An S-Corp is not a new business entity. It’s a tax election made with the Internal Revenue Service....]]></description><link>https://www.taxcityadvisors.com/post/from-llc-to-s-corp-stop-overpaying-taxes-start-moving-like-a-real-business</link><guid isPermaLink="false">695402abf2ff79e8385cdb6a</guid><category><![CDATA[Small Business]]></category><category><![CDATA[Tax Tips & Updates]]></category><category><![CDATA[Tax Preparation]]></category><category><![CDATA[IRS Resolution & Tax Planning]]></category><pubDate>Tue, 30 Dec 2025 16:58:11 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_45caebd8c92d4ddaa96d3bdb4cc6b6f1~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[⏰️ It’s That Time Again: Get Ready for Tax Season Before It Sneaks Up on You! ]]></title><description><![CDATA[Tax season is right around the corner — and if you’re a small business owner, NOW is the perfect time to get ahead instead of scrambling at the last minute. Managing receipts, invoices, and expenses can feel overwhelming when everything piles up. But with the right system in place, you can stay organized all year long and make tax season a breeze. That’s where QuickBooks Online comes in. ➡️ Why You Should Start Using QuickBooks Online Now: • QuickBooks Online helps small business owners: •...]]></description><link>https://www.taxcityadvisors.com/post/it-s-that-time-again-get-ready-for-tax-season-before-it-sneaks-up-on-you</link><guid isPermaLink="false">68e42eb02475287a1100ab69</guid><category><![CDATA[Tax Preparation]]></category><category><![CDATA[Bookkeeping & Quickbooks Online]]></category><category><![CDATA[IRS Resolution & Tax Planning]]></category><pubDate>Mon, 06 Oct 2025 21:11:46 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_34c1e1f6833a49a2a5ba93335cd46a10~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[How to Report State Income When You Only Have the IRS Wage &#38; Income Transcript]]></title><description><![CDATA[If you're filing back taxe and all you have is your IRS Wage and Income Transcript, you might notice something is missing]]></description><link>https://www.taxcityadvisors.com/post/how-to-report-state-income-when-you-only-have-the-irs-wage-income-transcript</link><guid isPermaLink="false">67ffc26c7402b3d0a164361e</guid><category><![CDATA[Tax Preparation]]></category><category><![CDATA[Tax Tips & Updates]]></category><pubDate>Wed, 16 Apr 2025 14:54:31 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_60e5d49bd9a44fd0aa3fce3d3a7b70d9~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[What Paralegals Are Looking for in Attorneys They Want to Work With]]></title><description><![CDATA[It’s important to understand the qualities and working environment that attract and retain top-tier paralegal talent. ]]></description><link>https://www.taxcityadvisors.com/post/what-paralegals-are-looking-for-in-attorneys-they-want-to-work-with</link><guid isPermaLink="false">67f5863425f24db1911a0969</guid><category><![CDATA[Legal Insights & Resources]]></category><pubDate>Tue, 08 Apr 2025 21:06:59 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_95e7991482004fef9ea35a7a1a6ff659~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item><item><title><![CDATA[Lessons from Tax Season 2025: What I’ve Learned as a Tax Advisor]]></title><description><![CDATA[One thing became crystal clear this season: too many people are leaving money on the table simply because they are not prepared.]]></description><link>https://www.taxcityadvisors.com/post/lessons-from-tax-season-2025-what-i-ve-learned-as-a-tax-advisor</link><guid isPermaLink="false">67f43ffc25f24db191191d34</guid><category><![CDATA[Tax Preparation]]></category><category><![CDATA[IRS Resolution & Tax Planning]]></category><category><![CDATA[Tax Tips & Updates]]></category><pubDate>Mon, 07 Apr 2025 21:31:33 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/3c7916_52d09b4d7e57475682e8fe208b7ff813~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Danielle Davis</dc:creator></item></channel></rss>