BottomLine Consulting

05/29/2026

𝟯 𝗧𝗵𝗶𝗻𝗴𝘀 𝗡𝗼 𝗦𝗺𝗮𝗹𝗹 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗦𝗵𝗼𝘂𝗹𝗱 𝗕𝗲 𝗪𝗶𝘁𝗵𝗼𝘂𝘁 💯

An Attorney
An Accountant/CPA
Customers

05/27/2026

The IRS prevented the loss of about $7 billion in revenue as part of its efforts to find and prevent identity theft, according to the agency’s watchdog.

While the IRS for 2024 and 2025 prevented billions in fraudulent tax returns using tax return filters, the IRS doesn’t have all the information it needs to detect fraud, the Treasury Inspector General for Tax Administration said in a Monday report.

Read more
https://news.bloombergtax.com/daily-tax-report/irs-prevents-loss-of-7-billion-with-identity-theft-detection

The IRS prevented the loss of about $7 billion in revenue as part of its efforts to find and prevent identity theft, according to the agency’s watchdog.

05/25/2026

𝙏𝙝𝙞𝙨 𝙈𝙚𝙢𝙤𝙧𝙞𝙖𝙡 𝘿𝙖𝙮, 𝙬𝙚 𝙥𝙖𝙪𝙨𝙚 𝙩𝙤 𝙝𝙤𝙣𝙤𝙧 𝙖𝙣𝙙 𝙧𝙚𝙢𝙚𝙢𝙗𝙚𝙧 𝙩𝙝𝙚 𝙗𝙧𝙖𝙫𝙚 𝙞𝙣𝙙𝙞𝙫𝙞𝙙𝙪𝙖𝙡𝙨 𝙬𝙝𝙤 𝙢𝙖𝙙𝙚 𝙩𝙝𝙚 𝙪𝙡𝙩𝙞𝙢𝙖𝙩𝙚 𝙨𝙖𝙘𝙧𝙞𝙛𝙞𝙘𝙚 𝙛𝙤𝙧 𝙤𝙪𝙧 𝙛𝙧𝙚𝙚𝙙𝙤𝙢. 𝙏𝙝𝙚𝙞𝙧 𝙘𝙤𝙪𝙧𝙖𝙜𝙚 𝙖𝙣𝙙 𝙡𝙚𝙜𝙖𝙘𝙮 𝙬𝙞𝙡𝙡 𝙣𝙚𝙫𝙚𝙧 𝙗𝙚 𝙛𝙤𝙧𝙜𝙤𝙩𝙩𝙚𝙣. 🎖🙏🇺🇸

05/22/2026

In the news: 📰

𝙀𝙭𝙥𝙚𝙧𝙩𝙨 𝙬𝙖𝙧𝙣 𝙏𝙧𝙪𝙢𝙥 𝙞𝙢𝙢𝙪𝙣𝙞𝙩𝙮 𝙛𝙧𝙤𝙢 𝙄𝙍𝙎 𝙖𝙪𝙙𝙞𝙩 𝙘𝙤𝙪𝙡𝙙 𝙪𝙣𝙙𝙚𝙧𝙢𝙞𝙣𝙚 𝙩𝙧𝙪𝙨𝙩 𝙞𝙣 𝙩𝙖𝙭 𝙨𝙮𝙨𝙩𝙚𝙢

On Tuesday, the Internal Revenue Service agreed to drop all pending probes of Trump over whether he's paid his fair share of taxes, to settle a lawsuit brought by the president over a leak of his tax returns.

That could include, assuming it was ongoing, a long-standing audit into a technique Trump reportedly used to avoid paying taxes years ago that could have hit him with an estimated $100 million bill if the IRS found wrongdoing.

Find out more ⬇️
https://www.pbs.org/newshour/politics/experts-warn-trump-immunity-from-irs-audit-could-undermine-trust-in-tax-system

05/20/2026

𝘼𝙙𝙫𝙞𝙘𝙚 𝙛𝙤𝙧 𝙣𝙚𝙬 𝙨𝙢𝙖𝙡𝙡 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙤𝙬𝙣𝙚𝙧𝙨

05/18/2026

𝙄𝙍𝙎 𝙧𝙚𝙘𝙤𝙜𝙣𝙞𝙯𝙚𝙨 𝙞𝙢𝙥𝙤𝙧𝙩𝙖𝙣𝙘𝙚 𝙤𝙛 𝙨𝙢𝙖𝙡𝙡 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨𝙚𝙨, 𝙥𝙧𝙤𝙫𝙞𝙙𝙚𝙨 𝙝𝙚𝙡𝙥𝙛𝙪𝙡 𝙧𝙚𝙨𝙤𝙪𝙧𝙘𝙚𝙨

WASHINGTON — The Internal Revenue Service today announced a series of resources and events to support small businesses during National Small Business Week, which runs through May 9.

For over 60 years, the U.S. Small Business Administration has recognized National Small Business Week to honor the critical role small businesses play in the nation’s economy. The IRS joins the effort by highlighting tools, guidance, and educational resources to help small business owners meet their tax obligations and plan for success.

Read more
https://www.irs.gov/newsroom/irs-recognizes-importance-of-small-businesses-provides-helpful-resources

IR-2026-61 May 5, 2026 — The Internal Revenue Service today announced a series of resources and events to support small businesses during National Small Business Week, which runs through May 9.

05/15/2026

Social Security and Taxation: What you need to know. 👍

Watch what Scott Carothers, CPA, has to say.

05/13/2026

Here's another informative video courtesy of the IRS

https://www.youtube.com/watch?v=Igs1S9DeYs8

Learn how a Sole Proprietorship works This quick video guide explains the limits of financing and why this simple structure carries higher personal risk. Lea...

05/11/2026

𝗙𝗮𝗺𝗶𝗹𝘆-𝗼𝘄𝗻𝗲𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗼𝗳𝘁𝗲𝗻 𝗼𝘂𝘁𝗽𝗲𝗿𝗳𝗼𝗿𝗺 𝗻𝗼𝗻-𝗳𝗮𝗺𝗶𝗹𝘆 𝗰𝗼𝘂𝗻𝘁𝗲𝗿𝗽𝗮𝗿𝘁𝘀, 𝘀𝗽𝗲𝗰𝗶𝗳𝗶𝗰𝗮𝗹𝗹𝘆 𝗮𝗰𝗵𝗶𝗲𝘃𝗶𝗻𝗴 𝗮 𝟲.𝟲𝟱% 𝗵𝗶𝗴𝗵𝗲𝗿 𝗿𝗲𝘁𝘂𝗿𝗻 𝗼𝗻 𝗮𝘀𝘀𝗲𝘁𝘀. 𝗧𝗵𝗲𝗶𝗿 𝘀𝘂𝗰𝗰𝗲𝘀𝘀 𝗶𝘀 𝗿𝗼𝗼𝘁𝗲𝗱 𝗶𝗻 𝗮 𝘂𝗻𝗶𝗾𝘂𝗲 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗺𝗼𝗱𝗲𝗹 𝘁𝗵𝗮𝘁 𝗽𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘇𝗲𝘀 𝗹𝗲𝗴𝗮𝗰𝘆 𝗼𝘃𝗲𝗿 𝗶𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲 𝗴𝗮𝗶𝗻𝘀. 👍

Core Strategic Advantages
Decisive Agility: With minimal bureaucracy, these firms can make rapid decisions and adapt quickly to market shifts.

Long-Term Vision: Success is measured in generations. Profits are frequently reinvested into the company to ensure stability and future growth rather than satisfying short-term shareholder demands.

Financial Control: Family ownership allows for tighter oversight and a more personal stake in financial health and resilience.

Cultural and Relational Strength
Trust-Based Environment: Shared values create a cohesive, loyal team. This atmosphere often leads to lower employee turnover and higher internal commitment.

Brand Authenticity: A strong family culture fosters personal connections with clients, building a more loyal customer base through perceived authenticity.

Shared Legacy: The motivation to preserve the business for the next generation fuels sustained passion and meticulous long-term planning.

cpabottomline.com
954.255.2300

05/08/2026

𝙋𝙡𝙚𝙖𝙨𝙚 𝙟𝙤𝙞𝙣 𝙪𝙨 𝙞𝙣 𝙬𝙞𝙨𝙝𝙞𝙣𝙜 𝙖𝙡𝙡 𝙤𝙛 𝙩𝙝𝙚 𝙈𝙤𝙢'𝙨 𝙤𝙪𝙩 𝙩𝙝𝙚𝙧𝙚 𝙖 𝙫𝙚𝙧𝙮 𝙃𝙖𝙥𝙥𝙮 & 𝙃𝙚𝙖𝙡𝙩𝙝𝙮 𝙈𝙤𝙩𝙝𝙚𝙧'𝙨 𝘿𝙖𝙮 💐

❤️

05/06/2026

IRS NEWS:

Tens of millions of Americans may not realize they could be owed a IRS refund from the COVID-19 era so, the independent National Taxpayer Advocate (NTA) is sounding the alarm to let them know the deadline to claim it is fast-approaching.

Read more
https://www.usatoday.com/story/money/personalfinance/2026/05/04/irs-covid-refunds-deadline-july-10/89929919007/

Millions of Americans may be owed an IRS refund from the COVID-19 era due to a court ruling. The deadline to claim is July 10, 2026.