Magda Abdo-Gomez, Attorney at Law

January 05

Posted By: Magda Abdo-Gomez
Posted In: Retirement , Tax Laws - Changes
Date: January 5, 2026
- 0
- 56

New IRA Accounts for Children

The 2025 tax act established a new deferred tax savings account specifically for children (26 USC 530A) and referred to as a “Trump account”. Under the law the account is to be treated as an individual retirement account. As with all new laws, many questions remain and regulations have yet to be...

December 01

Posted By: Magda Abdo-Gomez
Posted In: Year End Tax Planning
Date: December 1, 2025
- 0
- 131

Year End Tax Planning

Holiday season is in high gear. The last thing you want to think about as you gather with friends and family is taxes. However, tax season is just a month away. Now is the time to review what options may be available to you to reduce your tax liability. Although some options are available through [&...

November 03

Posted By: Magda Abdo-Gomez
Posted In: Tax Laws - Changes
Date: November 3, 2025
- 0
- 165

New Tax Law Provisions

With 2025 winding down, it is time to start preparing for tax filing season The new tax bill signed in July 2025 contains some provisions which apply to the 2025 tax return. You should be aware of these changes so that you can take advantage of them if they apply to you. No Tax on […]...

October 01

Posted By: Magda Abdo-Gomez
Posted In: Tax Credits , Tax Deductions , Tax Laws - Changes
Date: October 1, 2025
- 0
- 226

Expiring Tax Credits and Deductions

They say all good things must come to an end. While we do not think of taxes as a good thing, tax credits certainly are as they reduce tax liability dollar for dollar. Several tax credits and deductions will be expiring soon. The following information will help you determine if any of these credits ...

September 02

Posted By: Magda Abdo-Gomez
Posted In: Security
Date: September 2, 2025
- 0
- 342

Safeguard your Return from Tax-Related Identity Theft

Nothing can guarantee that your personal information will remain private. The goal is to add layers of protection so as to make it harder for identity thieves. One way to add a layer of security to help protect you from tax-related identity theft is to obtain an identity protection personal identifi...

August 02

Posted By: Magda Abdo-Gomez
Posted In: IRS Notices
Date: August 2, 2025
- 0
- 349

What to do if you Receive a Notice from the IRS

Nothing sparks more fear in taxpayers than receiving mail from the IRS. Their first instinct is to ignore the letter hoping the matter will magically go away. This is actually the worst thing you can do as the IRS will not go away simply because you ignore their letter. Instead, follow these ...

July 02

Posted By: Magda Abdo-Gomez
Posted In: Tax Returns
Date: July 2, 2025
- 0
- 397

Summer Activities Which May Affect Next Year’s Tax Return

By this time, summer vacation planning is in full swing. The last thing you are thinking about is next year’s tax filing season. However, there are some common summer activities which may impact your tax return come next April. The following tips may help make next filing season go smoothly. If yo...

June 02

Posted By: Magda Abdo-Gomez
Posted In: Passports - Tax Debt , Taxpayer Rights
Date: June 2, 2025
- 0
- 486

Don’t let the IRS ruin your Vacation

School will soon be over, summer is here and your vacation planning may be underway. If you are planning a trip outside the United States and owe the IRS, you may be in for an unpleasant surprise. Under the law, the Secretary of State may deny, revoke or limit the validity of a taxpayer’s passport...

May 01

Posted By: Magda Abdo-Gomez
Posted In: IRS Scam Alerts
Date: May 1, 2025
- 0
- 449

IRS’s Dirty Dozen 2025

Each year the IRS issues a list of scams it refers to as the Dirty Dozen. The purpose of publishing the list is to protect taxpayers from scams. The IRS continues to see some of the same scams year after year, but it is never a bad idea to be reminded of the threats presented […]...

April 09

Posted By: Magda Abdo-Gomez
Posted In: Tax Returns - Filing Deadlines
Date: April 9, 2025
- 0
- 472

Tax Filing Deadline is Near Beware of IRS Penalties

It seems hard to believe that April is here. This means that the deadline to file your income tax return is nearing. This year the last date to file your income tax return is April 15, 2025. Failure to file a timely return can subject you to a late filing penalty. The deadline to file […]...