Follow Wisely: IRS Shares Where to Find Legit Tax Info Online!
The IRS is reminding taxpayers that not all tax advice promoted on social media platforms is accurate. To help people access legitimate...
Churches and Campaigns? Nonprofits Push Back on Trump’s Proposal!
More than 1,500 nonprofit and religious organizations are speaking out against the Trump administration’s intention to stop enforcing the...
Innocent Spouse Relief Denied: Court Says Social Security Income Was Hers!
Spouses filing joint federal tax returns are generally both liable for any tax owed. Some spouses may be eligible for “innocent spouse”...
More Breaks, More Paperwork: Tax Filing Time Rises Under New Law!
A new report from Yale’s Budget Lab ( https://bit.ly/3HaEkQu ) claims that the “no tax on” provisions in the One Big Beautiful Bill Act...
Give More, Tax Less: Donate from Your IRA and Save in 2025!
The year is more than halfway over, so now is a great time to consider ways to reduce your 2025 tax bill. If you’re age 70½ or older and...
Boost Your Benefits: Dependent Care FSAs Get a Big Upgrade for 2026!
Employers seeking to offer family-friendly benefits may want to consider flexible spending accounts (FSAs) for dependent care. These FSAs...
A Quiet Change: Suppressor Tax Axed After Nearly 100 Years!
One provision of the One, Big, Beautiful Bill Act you probably haven’t heard much about is a repeal of the long-standing tax on firearm...
Tariffs Delayed, Prices Rising: Trump’s Trade Plan Hits Consumers!
President Trump has pushed back the effective date of most reciprocal foreign tariffs to Aug. 7, 2025. They’ve been delayed several...
Not So Captivating: Tax Court Rules Against Microcaptive Tax Break!
A microcaptive arrangement is a type of self-insurance that allows businesses to form their own small insurance companies to insure risks...
Divorced or Separated? Here's How It Impacts Your Taxes!
If a couple gets separated or divorced, it affects tax obligations. The IRS considers couples married for tax purposes until a final...
