In July 2025, Congress passed the “One Big Beautiful Bill” (OBBB), which terminates the 30% residential solar tax credit (Section 25D) for expenditures made after December 31, 2025. That means homeowners must have their solar systems installed, operational, and “placed in service” by the end of 2025 to qualify for the credit. After 2025, the… [Read More]

At Daniel Ahart Tax Service, we position you to minimize today’s tax impact and mitigate future tax impacts. At Daniel Ahart Tax Service, we help you with your personal and business tax needs all year round, whether you need to start a new corporation in the state of Georgia, help you choose what corporation type may be right… [Read More]

Building business credit is important for several reasons: Overall, building business credit is an important part of running a successful business. A strong credit profile can provide access to funding, protect personal assets, establish credibility, lower insurance rates, and create opportunities for growth,” explains Daniel Ahart, chief tax officer at the tax preparation company Daniel Ahart Tax… [Read More]

Cloud bookkeeping platforms provide real-time visibility into your income and expenses, which is crucial for effective cash flow management. Features such as automatic invoice generation, payment reminders, and integrated payment processing help you get paid faster and reduce the likelihood of overdue accounts. You can also set up customizable dashboards to monitor your accounts receivable,… [Read More]

At Daniel Ahart Tax Service‘s expertise, personalized assistance, and commitment to compliance can greatly benefit businesses If you’re starting a new business or need to manage your taxes more efficiently, obtaining a Tax ID or Employer Identification Number (EIN) is crucial. This identifier serves as your business’s social security number for tax purposes, enabling you to open bank… [Read More]

To schedule an entity formation consultation with a tax advisor, you can follow these steps: What to expect during the consultation with a tax advisor? During the consultation, the tax advisor will discuss your business goals, help you understand the tax implications of different entity types, and provide guidance on how to structure your business… [Read More]

Yes, one of the biggest advantages of cloud bookkeeping is the ability to collaborate easily with your accountant or bookkeeper. Most cloud bookkeeping platforms allow you to invite your accountant to view or manage your books in real time, eliminating the need to exchange spreadsheets or paper statements. This real-time collaboration makes tax planning, financial reporting, and… [Read More]

As a small business owner, you already wear multiple hats—CEO, marketer, customer service rep, and, often, bookkeeper. While managing your own books might seem like a cost-saving strategy, doing it the old-fashioned way (with spreadsheets or paper ledgers) could be slowing you down—and costing you more than you realize. So, is it time to digitize… [Read More]

What You Need to Do if You Missed the Tax Deadline? Life happens—and sometimes that means missing important deadlines, like Tax Day. But before you start stressing over late fees or letters from the IRS, take a deep breath. If you missed the April 15, 2025 deadline to file your taxes, you still have options… [Read More]

Maximize Your Tax Refund with One of the Most Valuable Credits Available When it comes to lowering your tax bill and possibly boosting your refund, the Earned Income Tax Credit (EITC) is one of the most powerful tools available to working individuals and families with low to moderate income. Yet, many taxpayers miss out on… [Read More]

Tax credits and tax deductions are both ways to reduce your tax liability, but they work in different ways. A tax credit is a dollar-for-dollar reduction in the amount of tax you owe. For example, if you owe $5,000 in taxes and you qualify for a $1,000 tax credit, your tax bill will be reduced… [Read More]

There are several tax credits that you may qualify for when you file your personal taxes for the year 2024. Keep in mind that as opposed to a tax deduction, a tax credit is a dollar-for-dollar reduction in the amount of tax you owe. For example, if you owe $5,000 in taxes and you qualify… [Read More]