CPA vs. Enrolled Agent vs. Tax Preparer: Understanding Your Options
When tax season approaches, the airwaves fill with advertisements from every type of tax professional imaginable. From CPAs at prestigious firms to seasonal preparers at pop-up shops—including...
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Your 2025 Year-End Tax Action Plan: Less Than 60 Days to Maximize Your Savings
With less than 60 days left in 2025, every tax-saving move you make now could mean thousands of dollars in your pocket come April. The difference between those who save significantly on taxes and...
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The Complete Guide to 1031 Exchanges: Deferring Taxes While Building Wealth
Imagine selling a rental property for a $300,000 gain and paying zero in capital gains taxes—legally. That's the power of a 1031 exchange, one of the most valuable tools in real estate investing....
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Behind on Your Tax Returns? Here's Your Path Forward
If you're reading this with a stack of unfiled tax returns weighing on your mind, take a deep breath. You're not alone, and more importantly, it's never too late to get back on track. Whether you...
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The Truth About Real Estate Tax Benefits: What Every Investor Needs to Know
"Should I buy real estate for the tax write-off?" It's one of the most common questions we hear at Desert Rose Tax & Accounting, and the answer is more nuanced than most people expect. While real...
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Understanding IRS Penalties for Late Payments and Estimated Taxes: What Every Taxpayer Should Know
Nobody likes surprises from the IRS—especially when those surprises come with penalty notices. Whether you're a business owner, freelancer, investor, or simply have a more complex tax situation,...
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Key Life Events and Their Impact on Your Tax Status
Life is full of emotional milestones like marriage, divorce, or expanding your family. While these events often bring joy and growth, they also come with practical implications, especially when it...
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What the “One Big, Beautiful Bill” Means for Your Taxes: A Breakdown of the New Federal Tax Law
The new federal tax bill — officially named the "One Big, Beautiful Bill" (OBBBA) — was recently signed into law and brings with it one of the most sweeping tax changes in recent years.This...
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Year-Round Tax Planning for Tucson Small Businesses: Why April Isn’t the Only Deadline That Matters
Think Tax Season Starts in January? Think Again.If you’re like most small business owners, you probably think about taxes intensely for a few weeks each spring—and then push the thought aside for...
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Why Smart Bookkeeping Is the Backbone of Small Business Success in Tucson
Beyond Numbers: Why Bookkeeping Deserves Your Full AttentionMany business owners think of bookkeeping as a back-office chore—something that “just needs to get done.” But in reality, effective...
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The Small Business Owner’s Guide to Tax Season in Tucson
Don’t Just File—StrategizeTax season can feel overwhelming for many small business owners. But with the right strategy and expert guidance, it doesn’t have to be just about survival—it can be a...
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