Resources Library | Catalano, Caboor & Co. CPAs

Tips for businesses hiring seasonal or part-time employees

If they’re hiring help, it's important to understand tax filing and withholding responsibilities. This can help avoid penalties while staying complian...

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Understanding what the right to challenge the IRS’s position and be heard means

Every taxpayer has certain rights when working with the IRS. These 10 fundamental rights are collectively known as the Taxpayer Bill of Rights. Let’s...

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Nearly Half of Gen Z Workers Say AI is Making Them Less Intelligent

A new report from GoTo found that nearly 40% of workers feel their overreliance on AI is eroding their skills and making them less intelligent, with 4...

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Summer Camps May Qualify for Dependent Care Tax Credit

The credit isn’t limited to just day care centers and other traditional childcare services.

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Sales Grew in April Despite High Gas Prices and Sustained Inflation

Total sales were up 6.07% year over year during the first four months of the year, and core sales were up 5.99%.

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Put a plan in place for potential disasters

Hurricane season officially started at the beginning of the month, but they aren’t the only type of disaster that can occur. Taxpayers are encouraged...

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Important steps for future business owners

Thinking of starting a business? One of the most important first steps for new entrepreneurs and future business owners is to ensure the right busines...

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IRS verified is the way to go when it comes to social media and e-News services

Social media can be a quick and easy way to get tax-related updates, especially with the many updates from the One, Big, Beautiful Bill. But not all o...

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Why Small Businesses Are Going Bankrupt—and How to Avoid It

To help small businesses survive during this current economic climate, a finance expert reveals the five cash-flow traps bankrupting small businesses...

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84% of SMB Owners Are Happy and Advancing With AI, Resilience and Autonomy

74% use AI tools at least monthly, with 58% saying AI has made them happier as business owners

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IRS Increases Foreign Earned Income Tax Breaks

In a new ruling, Notice 2026-25, 4/7/26, the IRS has bolstered a couple of tax breaks available to taxpayers working abroad.

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Got mail from the IRS? Don’t toss it

Some taxpayers may get mail from the IRS. It’s important that they open any mail they receive and read it carefully.

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Tools for Small Business Owners and Entrepreneurs

Being a small business owner or entrepreneur can be a heavy lift sometimes. Fortunately, there’re several tools and resources that can help them manag...

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It’s not too early to start planning for next year: Check withholding now

Even though the tax filing deadline for tax year 2025 passed a couple weeks ago, it’s not too early to start planning for next filing season. Planning...

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When and how to amend a tax return

Taxpayers who discover an error after filing a federal tax return may need to file an amended return. There are some instances where an amended return...

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