Freedomfolio

10/20/2026

I’m a CPA, and I recently filed my own tax return using FreeTaxUSA and ChatGPT.

Both were useful. The software helped surface questions about ESPP stock basis, rental depreciation, and deductions. ChatGPT offered planning ideas worth considering.

But neither could know about expenses I forgot to record, reconstruct my S-corp shareholder basis from incomplete information, or make planning decisions before deadlines I'd already missed.

The lesson for business owners: technology is getting very good at preparing returns and answering questions. The harder part is knowing what information is missing—and what questions to ask before year-end.

That’s where a CPA who understands your business still adds value.

Have you tried AI for tax planning?

10/19/2026

If you are going through a divorce or recently went through one, watch this video for potential changes to your tax situation.

10/16/2026

Thinking about financing a new car? There’s a new federal tax deduction that could let eligible buyers write off up to $10,000 in loan interest—but only if the vehicle, loan, and income rules all line up. 🚗💡 Find out what qualifies before you file! Read now.

Financed a new vehicle? Learn who qualifies for the car loan interest deduction, the $10,000 annual limit, income restrictions, and vehicle requirements.

10/12/2026

Your beneficiary designations may need a checkup too. A lot can change in your investments, retirement plans, and family life—and outdated beneficiaries can undo your estate planning goals. Make sure your wishes still match your current life. Read now to find out why a quick review matters.

A periodic review of your designated beneficiaries is vital to ensuring your estate planning objectives are met. Learn when to update your will and policies.

10/12/2026

Are your beneficiary designations up to date? Marriage, divorce, and other life changes can affect who inherits your assets. Watch this video to learn why regular reviews are important.

10/08/2026

Think your tax return was filed, but the IRS says they never got it? That mismatch can trigger penalties, refund loss, and serious stress years later. Learn how to verify what really happened, protect your rights, and fix it fast. Read now.

Received an IRS notice claiming your return is missing? Learn how to verify the letter, audit your e-file logs, and resolve the issue step-by-step.

10/07/2026

Think your tax return is safe after 3 years? Not always. A recent court ruling means the IRS may still assess tax on a fraudulent return decades later—even if the fraud was done by a preparer without your knowledge. Protect yourself by reviewing every return and keeping solid records. Read now.

The Supreme Court leaves taxpayers open to infinite IRS audits if a preparer commits fraud. Learn how to protect your growth-stage business.

10/05/2026

Learn when businesses must file Form 8300, what counts as cash, and the reporting rules that apply to large cash payments.

10/01/2026

Scammers use fear, urgency, and trust to target older adults. Learn common warning signs, how to prevent fraud, and steps families can take to help protect loved ones.

Learn how scammers target older adults through fraud schemes and discover warning signs, prevention tips, and steps to protect finances

09/28/2026

Recent Tax Court and Fifth Circuit rulings create uncertainty around when a limited partner’s income may be subject to self-employment tax. Learn what tax professionals need to know.