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Powell Tax Law Blog

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Tax Fraud in 2025: What You Need to Know and How to Protect Yourself

Tax fraud isn’t just a headline—it’s a real risk that can impact anyone, from individuals to large businesses. With the IRS ramping up enforcement and new schemes popping up every year, understanding how tax fraud works (and how to avoid it...

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Tax Scams for 2025

US 100 dollar bill as a bait
While “The Dirty Dozen” was an entertaining 1967 action movie with a host of Hollywood stars,“The Dirty Dozen” released by the IRS at the en...
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Navigating Bankruptcy and Taxes: Key Considerations for Filers

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Bankruptcy can offer a fresh financial start, but it's crucial to understand how it intersects with tax obligations.
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Understanding the Tax Brackets for 2024: What You Need to Know

Tax brackets
The Internal Revenue Service (IRS) released its annual inflation adjustments for tax year 2025 on Oct. 22 and it’s the tax brackets are bein...
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