Berg Advisors

06/03/2026

Common question we hear from our clients, if we are profitable, then why is there no cash?

https://www.linkedin.com/posts/abergcpa_one-of-the-most-common-questions-we-hear-share-7468011732230189056-MqcT/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAACg44oBGwlw1dfErsJPoX3ritkLyY75jPw

05/29/2026

Summer hasn’t officially started, but summertime events and happenings certainly have. Most people aren’t thinking about taxes when there’s summer fun to be had, but there’s some common activities that could impact taxpayers in the next filing season. Let’s look at a few:

https://www.irs.gov/newsroom/summer-fun-has-begun-how-common-activities-could-impact-the-next-tax-return

05/27/2026

The IRS has announced a new online tool to help taxpayers understand and resolve tax debt.

The Tax Debt Help tool provides individuals and businesses with a simple, accessible way to explore payment options and identify next steps based on their situation:

https://www.irs.gov/newsroom/irs-launches-new-online-tool-to-help-taxpayers-resolve-tax-debt

05/25/2026

This Memorial Day, we honor those who paid the ultimate price to protect our freedoms. "All gave some; some gave all." We are truly grateful for your service and sacrifice.

05/22/2026

Summertime is common time for wedding bells to ring, and newlyweds can make their tax filing easier by doing a few things now.

A taxpayer's marital status as of December 31 determines their tax filing options for the entire year, but that's not all newlyweds need to know:

https://www.irs.gov/newsroom/tax-checklist-for-newlyweds

05/20/2026

Even though the tax filing deadline passed last month, it’s not too early to start planning for next filing season. Planning now can help taxpayers avoid surprises next year. One action that can be taken is checking for proper tax withholding:

https://www.irs.gov/newsroom/its-not-too-early-to-start-planning-for-next-year-check-withholding-now

05/18/2026

Wherever you are in your financial journey, you can use your tax refund to make progress on your financial goals.

Paying off debt, building an emergency fund, and investing for retirement are a few great ways to use your tax refund. You can also use your tax refund to save for your kids’ college funds, pay off your home faster, or save up for large purchases.

If you’re getting a big tax refund every year, it might be time to adjust your tax withholding.

Expecting a tax return? Find out how to spend it wisely so you can crush your financial goals.

05/15/2026

The costs for continuing education can add up quickly and get expensive. There are several tax benefits such as credits and deductions that can help eligible taxpayers reduce these costs. A tax credit reduces the amount a person owes in income taxes dollar-for-dollar.

Let’s look at a few of the most common ones:

https://www.irs.gov/newsroom/tax-credits-and-deductions-for-education

05/13/2026

The IRS has announced its annual Dirty Dozen list of tax scams for 2026 that threaten the tax and financial information of taxpayers, businesses, and tax professionals.

A notable change to this year’s list is the addition of abusive undistributed long-term capital gains claims.

The IRS advises all taxpayers to remain cautious year-round, as criminals will always be on the lookout for new ways to obtain money, personal identifiable information, and data:

https://www.irs.gov/newsroom/dirty-dozen-tax-scams-for-2026-irs-reminds-taxpayers-to-watch-out-for-dangerous-threats

05/11/2026

Spring is hands-down the best time to sell a house, thanks to strong demand, better weather, and timing that lines up with the school year.

Homes listed in April or May are more likely to sell fast and for top dollar, since June prices are typically the highest of the year.

A busy spring market means more buyers and stronger offers—but also more competition, so preparation is key. Sellers who start early, stay organized, and focus on what buyers care about (like curb appeal and clean spaces) will stand out:

Spring is the best time to sell a house due to strong demand, better weather, school-year timing and higher offers—especially for homes listed in April or May.