Qualified small business (QSB) stock has received very favorable federal income tax treatment for many years. Starting in 2025, the One Big Beautiful Bill Act (OBBBA) enhances the QSB rules even more. Here's what you need to know to take advantage of this tax-saving opportunity.
A significant shift is underway in how the federal government will deliver some tax refunds and...
Several provisions of the One, Big, Beautiful Bill Act (OBBBA), signed into law on July 4, will...
The U.S. House of Representatives recently passed a sweeping tax and spending measure, dubbed "The...
How big is your retirement nest egg? Too often, people sacrifice retirement savings to afford a...
Years ago, many taxpayers itemized deductions instead of claiming the standard deduction. But fewer...
With the holiday season rapidly approaching, you may consider gift ideas for friends, family...
The landmark Tax Cuts and Jobs Act (TCJA)was passed in late 2017, but the law is still in the...
Charitable donations can provide businesses with significant tax savings. But for gifts over a...
Have you set up Section 529 college savings plans for your children or grandchildren? The major...