Navigating The 2024 Tax Season with Fernando Torres

This week we welcome Fernando Torres of Serro Taxes as we traverse the evolving landscape of tax preparation and the shifts awaiting us this 2024 tax season. Fernando, a first-generation American turned CPA, shares his remarkable transition from humble beginnings in Upstate New York to crunching numbers under the Florida sun. From discussing the 1099 threshold adjustment that affects digital payment platform users to tips for maximizing tax refunds, this episode is packed with valuable nuggets for anyone filing taxes.As we sift through the complexities of tax law and the importance of maintaining meticulous records, Fernando offers his expertise on how to stay ahead of the game. We tackle topics like the end of the EIDL program and the unfortunate spike in loan fraud that came with it, providing a sobering look at the challenges businesses face. If you're looking for practical advice, you'll find Fernando's tips on navigating IRS correspondence and optimizing tax deductions particularly useful.  Visit us at jenniferannjohnson.com and learn how Jennifer can help you build the life you dream of with her online academy, blog, one-on-one coaching, and a variety of other resources!