Take Advantage of SIMPLE-IRA Catch-Up Contributions
If you participate in a SIMPLE-IRA and are age 50 or older, you can make so-called catch-up...
Update on the First-Year Depreciation Tax Rules for Businesses
The One Big Beautiful Bill Act (OBBBA) included favorable changes to the federal income tax rules...
Deducting Business Meal and Entertainment Expenses Today
Do you know the current rules for claiming tax deductions for business meals and entertainment?...
Hit the Breaks: 2026 Tax Write-Offs for Business Driving
At the end of last year, the IRS announced its annualinflation adjustments to the optional standard...
Spousal IRAs Offer Retroactive Tax-Saving Opportunity
Not all married couples earn dual incomes. For example, during thecourse of a marriage, one spouse...
2026 Charitable Deduction Rules: Obstacles and Opportunities
Do you regularly donate to charity? In the past, you may have derived generous tax benefits for...
2026 Tax Law Changes You Need to Know About
Although many provisions of the One Big Beautiful Bill Act (OBBBA) took effect in 2025, additional...
Deducting Personal Theft Losses Will Soon Get a Little Easier
If you're unlucky enough to suffer a personal theft loss, you may be entitled to a federal income...
Put Your Small Business Financial Knowledge to the Test
How would you rate your financial literacy? Most small business owners (84%) don't have a business...
Important Tax Figures for 2026
Every year, the amounts allowed for various federal tax benefits are subject to inflation...