Although many provisions of the One Big Beautiful Bill Act (OBBBA) took effect in 2025, additional changes began in 2026. A significant change for higher-income taxpayers age 50 and older under the Setting Every Community Up for Retirement Enhancement 2.0 Act of 2022 (SECURE 2.0) also goes into effect this year. Here's an overview of notable changes affecting individuals and businesses.
Under current law, the deduction for business interest expense is generally limited to 30% of...
Deciding when to start receiving Social Security benefits can be a tough call for seniors. You can...
In today's labor market, your business may need to think outside the box to find employees to fill...
There's good news for businesses considering buying equipment and other capital assets: The One Big...
Do you own a business that manufactures or sells physical goods? For these businesses, accurate...
To hedge against stock market volatility and inflation, some IRA owners and investors put money...
Fewer than one-quarter of currently retired people feel "very confident" they'll maintain a...
Many types of retirement plans allow contributions to be made after year end. And last-minute...
Are you thinking about closing your business? Rising prices, labor shortages, fluctuating demand...