IRS Trouble Solvers - June 2025

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100 S. York Road, Suite 214 Elmhurst, IL 60126 www.IRSTroubleSolvers.com 630-832-6500 | 877-4-IRSLAW

1 Tax Freedom Day Isn’t Just a Date, It’s a Wake-Up Call 2 The Home Giving Students a Future The Do’s and Don’ts of Deducting Summer Business Travel 3 Teriyaki Beef Skewers Win of the Month 4 Weddings, Birthdays, and Baby Showers — Oh My! INSIDE THIS ISSUE

Say Yes to the Celebration, Not the Overspending Celebrate Your Loved Ones Without Breaking the Bank

When wedding season rolls around and birthday invites start stacking up, it’s easy to feel like your wallet is under attack. Between flights, gifts, and party attire, the cost of celebrating your loved ones can add up fast. But with planning and savvy spending, you can still show up for the big moments without blowing your budget.

weddings, birthdays, baby showers, and graduations you hope to attend. Once you see them all in one place, estimating your total spending is easier. Set a realistic budget for each event, and don’t forget to factor in travel, gifts, and attire. Always do your research and verify prices for flights, hotel rooms, and registry gifts. Cut costs without cutting fun. Once you have a budget, look for ways to trim expenses without missing out on the fun. Instead of buying a new outfit for every event, consider re‑wearing something you already own or borrowing from a friend. If travel is involved, check if you can split an Airbnb or crash on a friend’s couch. Be honest about your budget. Money can be a tricky subject, but being upfront about your financial situation can help you avoid unnecessary stress. If an event is out of your

budget, have an honest conversation with the host. Most people will be understanding and actually appreciate your transparency. Be sure to express gratitude and excitement for their big day, even if you can’t be there in person. Stay connected in creative ways. Just because you can’t attend doesn’t mean you can’t celebrate! Send a thoughtful gift within your budget, offer to help with planning, or schedule a video call to toast their milestone. Your presence matters more than your presents, and true friends will appreciate any effort you make to share in their joy. Ultimately, celebrating your friends and family shouldn’t come with financial stress. The best memories don’t come from the most expensive gifts or the fanciest flights. They’re built on laughter, love, and the moments you share, no matter what that looks like.

Plan ahead like a pro. Before you say “yes” to every invitation, take a moment to map out your year. Write down

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