Help Us Keep Spreading the Senter CPA Magic!

If you file Schedule C as a sole proprietor or single-member LLC, you already know how detailed the IRS can be. The form requires a thorough breakdown of your business income and expenses, leaving little room for guesswork. Schedule C is the primary IRS form used to report your business’s profit or loss and completing it accurately is essential for both compliance and tax planning.

If you report rental income on Schedule E, you already know the IRS wants your numbers broken out by category and by property. Schedule E is the main IRS form used to report rental real estate income and expenses on your personal return, and clean detail makes prep faster and cuts down on follow-ups.

Recent tax legislation has introduced changes that may impact how Social Security benefits are taxed—especially for seniors with lower to moderate incomes. While the core rules around taxation of Social Security remain in place, new deductions and adjustments could offer relief for many retirees.

It’s almost that time of year again — 1099 season! Before you start panicking and digging through piles of receipts, let’s go over a few quick reminders to make sure your 1099s are accurate and filed on time.

Some big tax updates are coming in 2025 that can help small and mid-sized businesses save money—especially when it comes to buying equipment, investing in growth, and planning for taxes. Here’s what you need to know:

The new tax law—officially known as the One Big Beautiful Bill Act (OBBBA)—brings several important updates starting in 2025. One of the biggest changes? A significantly larger standard deduction, which could lower your tax bill.

But should you still consider itemizing your deductions? Let’s break it down.

As 2025 approaches, it’s the ideal time to review your tax situation, address potential shortfalls, and uncover new planning opportunities.

At Senter CPA, we’re always looking for ways to help you take more control over your finances—with less stress. One of the best tools available today? Your own IRS Online Account.

We are proud to announce that Tracy Sanda has officially passed the Uniform Certified Public Accountant (CPA) Examination—a significant milestone in her professional career.

Okay, maybe that’s a little dramatic. But truthfully, we are fun to hang out with… seriously, you should try it sometime! Your Google review means everything to us. We can crunch numbers, balance books, and make tax season less terrifying than a surprise IRS letter… but when it comes to showing off online, we need your help.