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Every year, millions of Americans turn to DIY tax software promising quick, easy, and affordable tax filing. While these platforms work well for simple tax situations, they're creating a costly problem: taxpayers are making expensive mistakes that could have been avoided with professional guidance. At Smith Taxes & More, we've seen firsthand how these seemingly small errors can cost individuals and businesses thousands of dollars in missed deductions, penalties, and audit iss

The world of business moves fast, and your accounting needs to keep pace. Gone are the days when financial management required stacks of paper, countless office visits, and rigid 9-to-5 schedules. Today's mobile and virtual accounting services are revolutionizing how businesses handle their finances, offering unprecedented convenience without compromising on security or results. Whether you're a busy entrepreneur juggling multiple responsibilities or a growing company that ne

Tax season used to mean one thing: scheduling an appointment, gathering stacks of paperwork, and sitting in an office for hours while your tax preparer worked their magic. But times have changed, and so has the way we handle our taxes. Mobile tax services are revolutionizing the industry, and there's a good reason why everyone from busy professionals to tech-savvy millennials is making the switch. If you're still on the fence about whether mobile tax services are right for yo

The One Big Beautiful Bill Act (OBBBA) is here, and it's bringing some serious tax relief for small business owners. If you've been struggling with complex tax rules and limited deductions, 2025 just became your best friend. These changes aren't just minor tweaks – they're game-changers that could save you thousands on your next tax return. Let's dive into the seven biggest ways these new tax laws will put more money back in your pocket. 1. 100% First-Year Bonus Depreciation

Let's be honest, most small business owners would rather be doing literally anything else than sorting through receipts and reconciling bank statements. But here's the thing: messy financial records aren't just annoying. They're expensive. Really expensive. Poor bookkeeping costs the average small business thousands of dollars annually through missed tax deductions, late payment fees, and hours of wasted time during tax season. The good news? You don't need to become an accou

Tax season is stressful enough without making costly mistakes that could delay your refund or trigger an audit. Every year, millions of taxpayers make preventable errors that cost them time, money, and peace of mind. The good news? Most of these mistakes are completely avoidable once you know what to watch for. As we approach the 2026 tax season, now's the perfect time to learn from the most common tax preparation blunders and set yourself up for success. Whether you're filin

Let's be honest, most small business owners would rather be doing literally anything else than sorting through receipts and reconciling bank statements. But here's the thing: messy financial records aren't just annoying. They're expensive. Really expensive. Poor bookkeeping costs the average small business thousands of dollars annually through missed tax deductions, late payment fees, and hours of wasted time during tax season. The good news? You don't need to become an accou