The recently enacted One Big Beautiful Bill Act (OBBBA) marks a significant step by President Trump and congressional Republicans toward dismantling several clean energy tax incentives. These tax breaks were created or expanded under the Inflation Reduction Act (IRA). Below is an overview of the key clean energy tax benefits—both for individuals and businesses—that will soon be reduced or eliminated.
For the first half of 2025, individual taxpayers faced an uncertain tax situation because many...
There are important changes affecting Pennsylvania business entities and foreign entities...
With property values soaring in many beach, mountain and other destinations, some vacation home...
The issue of individual taxpayers deducting bad debt losses has historically been a source of...
Many U.S. businesses filed for bankruptcy last year. Through the end of the third quarter of 2024...
The IRS has issued repeated warnings over the past year about inaccurate advice and outright scams...
Conservation easements can be an effective way for wealthy taxpayers to achieve their philanthropic...
If you requested an extensionfor your 2023 federal income tax return, you have until six months...
What's the difference between capital gains and losses and ordinary gains and losses? The...