News and Updates

9 Key Tax Law Changes for Individuals under the OBBBA

For the first half of 2025, individual taxpayers faced an uncertain tax situation because many provisions of the Tax Cuts and Jobs Act (TCJA) were scheduled to expire at year end. However, on July 4, President Trump signed the One, Big, Beautiful Bill Act (OBBBA) into law. The new law makes many TCJA provisions permanent and includes other favorable changes for individual taxpayers. (However, some tax breaks have been eliminated.) Here's a summary of nine important changes that may affect you and your family. 

What’s the Right Business Entity for Your Gig Work?

If you recently joined the "gig economy," know that you must meet certain tax obligations, just...

9 Individual Tax Credits You Can’t Afford to Overlook

Tax credits are the most valuable tax breaks available. Each dollar of credit equals a dollar of...

How LTC Insurance Can Help Manage Senior Care Costs

Approximately 70% of adults who survive to age 65 will need long-term care services, and 48% will...

5 Common Business Entities and Their Tax Implications

Choosing the right business entity is one of the most important decisions entrepreneurs make when...

What Are the Tax Implications of Gold and Other Precious Metal Investments?

To hedge against stock market volatility and inflation, some IRA owners and investors put money...

Act Soon: EV and Homeowner Tax Credits Ending After 2025 Under Proposed Law

The U.S. House of Representatives recently passed a sweeping tax and spending measure, dubbed "The...

Property and Casualty Insurance: Protect Your Property, Preserve Your Wealth

When disaster strikes—whether it's an accident, burglary, fire, storm or lawsuit—having the right...

Important Update: New Pennsylvania Annual Report Filing Requirements

There are important changes affecting Pennsylvania business entities and foreign entities...

How Are Income Distributions from Trusts and Estates Taxed?

As separate legal entities, estates and nongrantor trusts must file their own federal tax returns,...