--- title: Powell Tax Law Blog | IRS (4) description: IRS | Powell Tax Law blog articles to keep you aware of tax law changes, IRS updates and more (4) --- (888) 913-9745 Need Assistance With Your Tax Issues Quickly? [![POWELL](https://blog.powelltaxlaw.com/hs-fs/hubfs/POWELL.png?width=241&height=27&name=POWELL.png "POWELL")](https://powelltaxlaw.com/) - ABOUT - [ABOUT](https://powelltaxlaw.com/about/) - [THE ATTORNEYS](https://powelltaxlaw.com/about/the-attorneys/) - [BLOG](https://blog.powelltaxlaw.com/) - LOCATIONS - [HOUSTON](https://powelltaxlaw.com/locations/houston-tax-attorney/) - [SAN ANTONIO](https://powelltaxlaw.com/locations/san-antonio-tax-attorney/) - [AUSTIN](https://powelltaxlaw.com/locations/austin-tax-attorney/) - IRS SOLUTIONS - [OVERVIEW](https://powelltaxlaw.com/irs-solutions/) - [BACK TAXES](https://powelltaxlaw.com/irs-solutions/back-taxes/) - [WAGE GARNISHMENT](https://powelltaxlaw.com/irs-solutions/wage-garnishment/) - [IRS AUDIT](https://powelltaxlaw.com/irs-solutions/irs-audit/) - [AMENDED TAX RETURNS](https://powelltaxlaw.com/irs-solutions/amended-tax-returns/) - [FILE A CLAIM IN FEDERAL COURT](https://powelltaxlaw.com/irs-solutions/file-a-claim-in-federal-court/) - [FILE TAX RETURNS TO REPLACE RETURNS CREATED BY THE IRS](https://powelltaxlaw.com/irs-solutions/file-tax-returns-to-replace-returns-created-by-the-irs/) - [INNOCENT SPOUSE](https://powelltaxlaw.com/irs-solutions/innocent-spouse/) - [INSTALLMENT AGREEMENT](https://powelltaxlaw.com/irs-solutions/installment-agreement/) - [NON-COLLECTIBLE STATUS (CNC)](https://powelltaxlaw.com/irs-solutions/non-collectible-status-cnc/) - [OFFER IN COMPROMISE (FRESH START)](https://powelltaxlaw.com/irs-solutions/offer-in-compromise-fresh-start/) - [PENALTY ABATEMENT](https://powelltaxlaw.com/irs-solutions/penalty-abatement/) - [FAQ](https://powelltaxlaw.com/frequently-asked-questions/) - [TESTIMONIALS](https://powelltaxlaw.com/testimonials/) - [CONTACT](https://powelltaxlaw.com/contact/) **Here you can edit the background of the section** # Powell Tax Law Blog Explore topics IRS Tax Law Tax Debt Tax Audit Tax tips Tax Season Documents 1099 Estate Tax Texas Business Laws Cryptocurrency Dependents Divorce Scams Tax Credits AI Bankruptcy Identity Theft Investments Recession Tax Compliance Tax Fraud Tax Levies Tax certificate Treasury Department W-2 property tax [![tax credits](https://blog.powelltaxlaw.com/hs-fs/hubfs/canva-MADer3BA7oY.jpg?width=900&name=canva-MADer3BA7oY.jpg)](https://blog.powelltaxlaw.com/maximizing-end-of-the-year-tax-credits-what-you-shouldnt-overlook) ### [Maximizing End-of-the-Year Tax Credits: What You Shouldn't Overlook](https://blog.powelltaxlaw.com/maximizing-end-of-the-year-tax-credits-what-you-shouldnt-overlook) Posted by **Powell Tax Law** on 4 Oct, 2024 - - - As the year draws to a close, savvy taxpayers know it's time to start thinking about maximizing their tax credits. These valuable tools can significantly reduce your tax liability, potentially leading to a larger refund or a smaller tax bil... [Read More >](https://blog.powelltaxlaw.com/maximizing-end-of-the-year-tax-credits-what-you-shouldnt-overlook) --- [IRS](https://blog.powelltaxlaw.com/tag/irs)  [Tax Law](https://blog.powelltaxlaw.com/tag/tax-law)  [Dependents](https://blog.powelltaxlaw.com/tag/dependents) ### [Top Tax Deductions for Small Business Owners: Maximize Your Savings](https://blog.powelltaxlaw.com/top-tax-deductions-for-small-business-owners-maximize-your-savings) Posted by **Powell Tax Law** on 4 Sep, 2024 - - - [![Small Business owners working together ](https://blog.powelltaxlaw.com/hs-fs/hubfs/Two%20creative%20millenial%20small%20business%20owners%20working%20on%20social%20media%20strategy%20using%20a%20digital%20tablet%20while%20sitting%20in%20staircase.jpeg?width=500&name=Two%20creative%20millenial%20small%20business%20owners%20working%20on%20social%20media%20strategy%20using%20a%20digital%20tablet%20while%20sitting%20in%20staircase.jpeg)](https://blog.powelltaxlaw.com/top-tax-deductions-for-small-business-owners-maximize-your-savings) As a small business owner, navigating the complex world of taxes can be daunting. However, understanding and utilizing available tax deducti... [Read More >](https://blog.powelltaxlaw.com/top-tax-deductions-for-small-business-owners-maximize-your-savings) --- [IRS](https://blog.powelltaxlaw.com/tag/irs), [Tax Law](https://blog.powelltaxlaw.com/tag/tax-law) ### [Cryptocurrency Taxes: How They Work and What Gets Taxed](https://blog.powelltaxlaw.com/cryptocurrency-taxes-how-they-work-and-what-gets-taxed) Posted by **Powell Tax Law** on 17 Jul, 2024 - - - [![Elegant hand touching tablet with cryptocurrency concept](https://blog.powelltaxlaw.com/hs-fs/hubfs/Elegant%20hand%20touching%20tablet%20with%20cryptocurrency%20concept.jpeg?width=500&name=Elegant%20hand%20touching%20tablet%20with%20cryptocurrency%20concept.jpeg)](https://blog.powelltaxlaw.com/cryptocurrency-taxes-how-they-work-and-what-gets-taxed) Cryptocurrency awareness and ownership have skyrocketed in recent years like the price of its shining star Bitcoin, which this summer trades... [Read More >](https://blog.powelltaxlaw.com/cryptocurrency-taxes-how-they-work-and-what-gets-taxed) --- [IRS](https://blog.powelltaxlaw.com/tag/irs) ### [New IRS 1099-K Reporting Rules for PayPal, Venmo, & Other Payment Apps](https://blog.powelltaxlaw.com/new-irs-1099-k-reporting-rules-for-paypal-venmo-other-payment-apps) Posted by **Powell Tax Law** on 3 Jul, 2024 - - - [![Payment apps](https://blog.powelltaxlaw.com/hs-fs/hubfs/s2-Jul-24-2024-03-52-21-4569-PM.jpg?width=500&name=s2-Jul-24-2024-03-52-21-4569-PM.jpg)](https://blog.powelltaxlaw.com/new-irs-1099-k-reporting-rules-for-paypal-venmo-other-payment-apps) Until recently, if you wanted to pay for something you had to use one of the “four C’s” of payment methods: cash, check, credit card, or cha... [Read More >](https://blog.powelltaxlaw.com/new-irs-1099-k-reporting-rules-for-paypal-venmo-other-payment-apps) --- [IRS](https://blog.powelltaxlaw.com/tag/irs), [Tax Law](https://blog.powelltaxlaw.com/tag/tax-law), [1099](https://blog.powelltaxlaw.com/tag/1099) [2](https://blog.powelltaxlaw.com/tag/irs/page/2) [3](https://blog.powelltaxlaw.com/tag/irs/page/3) [4](https://blog.powelltaxlaw.com/tag/irs/page/4) [5](https://blog.powelltaxlaw.com/tag/irs/page/5) [6](https://blog.powelltaxlaw.com/tag/irs/page/6) ### Subscribe to Our Blog ### Recent posts [![Man using a calculator to calculate expenses](https://blog.powelltaxlaw.com/hs-fs/hubfs/iStock-1503229700.jpg?width=300&name=iStock-1503229700.jpg)](https://blog.powelltaxlaw.com/appealing-an-irs-audit-decision-your-rights-and-the-process) [Appealing an IRS Audit Decision: Your Rights and the Process](https://blog.powelltaxlaw.com/appealing-an-irs-audit-decision-your-rights-and-the-process) 20 Feb, 2026 [![Couple filing taxes in living room](https://blog.powelltaxlaw.com/hs-fs/hubfs/iStock-1158702105.jpg?width=300&name=iStock-1158702105.jpg)](https://blog.powelltaxlaw.com/salt-act-changes-under-the-big-beautiful-bill-what-taxpayers-should-know) [SALT Act Changes Under the Big Beautiful Bill: What Taxpayers Should Know](https://blog.powelltaxlaw.com/salt-act-changes-under-the-big-beautiful-bill-what-taxpayers-should-know) 4 Feb, 2026 [![Close up of overdue notice from IRS](https://blog.powelltaxlaw.com/hs-fs/hubfs/iStock-520961749.jpg?width=300&name=iStock-520961749.jpg)](https://blog.powelltaxlaw.com/what-happens-if-you-ignore-an-irs-notice) [What Happens If You Ignore an IRS Notice?](https://blog.powelltaxlaw.com/what-happens-if-you-ignore-an-irs-notice) 21 Jan, 2026 POWELL TAX LAW - THE WOODLANDS The Woodlands Location 2170 Buckthorne Place Ste. 300 The Woodlands, TX 77380 281.298.2916 Phone 281.298.5437 Fax POWELL TAX LAW - SAN ANTONIO San Antonio Location 1100 NW Loop 410 Ste. 700 San Antonio, TX 78213 281.298.2916 Phone 281.298.5437 Fax The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. --- ©2026 Powell Tax Law. All Rights Reserved. [![linkedin icon](https://powelltaxlaw.com/wp-content/uploads/icon-linkedin-light-gray.png)](https://www.linkedin.com/company/powell-tax-law-firm/) [![facebook icon](https://powelltaxlaw.com/wp-content/uploads/icon-social-facebook-light-gray-1.png)](https://www.facebook.com/PowellTaxLaw/)