FLL Business Solution

06/19/2026

Looking for tax-free income? Here's a list of the more common types.

There's a lot of income the IRS doesn't tax. Here are a few of the more common types.

06/17/2026

Not every business challenge announces itself. This month's newsletter covers how the IRS selects returns for review and when it may be time to revisit your entity structure.

Sometimes the biggest business risks aren't the loudest. They're the quiet issues that build in the background. In this month's newsletter, we highlight two practical topics that can help business owners make more confident decisions. First, learn how the IRS identifies returns for closer review and...

06/16/2026

06/12/2026

Social Security planning starts at an early age. Here is what you should be doing now!

Too many think to pay attention to Social Security only when they near retirement. Do this at your own risk! Even those in their 20s should be taking action. Here are some tips.

06/10/2026

Tax-smart income strategies and overlooked vehicle ownership costs can have a lasting impact on your finances. Learn what to consider beyond the basics.

If you're interested in minimizing your tax obligations and maximizing your savings, consider the helpful tips and ideas you'll find in this newsletter. Call if you would like to discuss how any of this information relates to you. If you know someone that can benefit from this newsletter, feel free....

06/05/2026

Reminder: Second quarter estimated taxes are due Monday, June 15th.

If you have not already done so, please plan to make your second quarter estimated tax payment. The due date is Monday, June 15th.

06/03/2026

A new calculator helps businesses with long-term construction or manufacturing projects calculate look-back interest related to those contracts. The calculator provides a structured framework to help with the interest computation step. Learn more: https://ow.ly/jy7P50Z5NtE

06/03/2026

The IRS sends you a notice! What to do? This month's letter walks you through the process, plus much more!

As summer settles in and schedules fill up, a few smart decisions now can help you avoid costly surprises later. In this issue, there are strategies to strengthen your financial footing – from midyear tax planning opportunities to knowing when to call for help with an IRS notice. There is also...

05/29/2026

TIGTA, the Treasury Inspector General for Tax Administration, plays a very important role in overseeing the IRS and promoting accountability within the federal tax system. We often talk about tax compliance from the taxpayer’s side, but it is just as important to remember that the IRS itself is also subject to independent review.
This is even more relevant now that the IRS is incorporating artificial intelligence and advanced data analytics into its processes. According to TIGTA reporting, as of February 2024, the IRS had 30 active AI projects and 38 planned AI projects. TIGTA has also reviewed AI models used by the IRS for examination case selection.
In other words, both the world and the tax world have changed. Technology can help the IRS identify risks, improve processes, and make tax administration more efficient, but it also raises important questions about transparency, accuracy, fairness, and taxpayer rights.
That is why TIGTA’s recommendations matter. Its findings can influence IRS procedures, taxpayer services, audits, refund processing, tax credits, and compliance controls. In this new environment, independent oversight is not optional; it is essential to make sure technology is used responsibly and that taxpayers are treated fairly.

05/29/2026

Underreported income and math errors are key mistakes that can trigger an audit from the IRS. Having your taxes prepared by a professional can significantly reduce this risk.

The IRS is constantly looking for a reason to audit you. There are several red flags that can identify your tax return as one that needs additional attention. Knowing these indicators can help you avoid the unwanted scrutiny.