News and Updates

New Law Reduces Tax Odds for Gamblers

Do you enjoy spending time at the casino or betting on sports? If so, you need to know about a new...

Accountable Plans Reimburse Employees the Tax-Smart Way

In many types of businesses, it's common for employees to spend money on behalf of the company—such...

How the QSB Stock Sale Rules Have Become More Favorable

Qualified small business (QSB) stock has received very favorable federal income tax treatment for...

Work Opportunity Tax Credit Is Set to Expire: What Employers Need to Know

In today's labor market, your business may need to think outside the box to find employees to fill...

The ABCs of 529 Plans and ABLE Accounts under the OBBBA

Section 529 plans are most commonly used as a tax-favored way to save and pay for college expenses....

Unwrap the New Tax Rules for Charitable Donations

The holiday season is right around the corner, and that's when many charitably inclined people...

New Tax Rules Have Been Set: Start Planning Now

Individual taxpayers faced significant tax planning uncertainty for the first six months of the...

Why You May Want to Rethink Your Deduction Strategy in 2025

As we approach the end of 2025, it's time to evaluate your year-end tax planning strategies. One...

QBI Deduction: How the OBBBA Improves the Rules

Many owners of pass-through businesses and self-employed individuals have taken advantage of the...

IRS to Eliminate Paper Checks: What It Means for Taxpayers

A significant shift is underway in how the federal government will deliver some tax refunds and...