100% Bonus Depreciation Is Back: What Businesses Need to Know About the OBBBA’s New Expensing Rules
The reinstatement of bonus depreciation is a critical component of recent U.S. tax legislation aimed at fostering economic growth. The 2017 Tax Cuts and Jobs Act (TCJA) had already
Unlocking Overtime Savings: How the OBBBA’s New Deduction Could Boost Your Tax Refund
The recent passage of the One Big Beautiful Bill Act (OBBBA) marks a significant shift in the tax landscape, bringing with it a range of changes aimed at easing the financial burde
IRS Dirty Dozen Scams for 2025: What to Watch Out For (and How to Protect Yourself)
Let’s get one thing straight: Scammers are not slowing down. They’re getting slicker, faster, and disturbingly good at sounding like someone you trust—especially
Navigating SALT Deduction Changes and Passthrough Entity Strategies for Maximum Benefit
The State and Local Tax (SALT) deduction allows taxpayers to deduct either their state and local income taxes or their state and local sales taxes, in addition to property taxes, o
Examining the Impact: How the ‘One Big Beautiful Bill Act’ (OBBBA) Might Apply to You
As we approach the closing chapters of the Tax Cuts and Jobs Act (TCJA), implemented during President Trump’s first term, taxpayers find themselves at a crossroads. With many
Cut the Cost: How to Get IRS Penalties Reduced or Eliminated
IRS penalties can add significant stress to an already difficult financial situation—but relief may be available. Whether you’ve missed a tax deadline due to a natural disaster
Domestic Abuse Survivors: A Path to Financial Recovery
Domestic abuse often involves not only physical violence but also a manipulative control over financial resources. Survivors of domestic abuse, while navigating their recovery, may
Think the IRS Is Slowing Down? Why That Might Actually Increase Your Audit Risk
You’ve probably seen the headlines: “IRS funding slashed.” “Audit rates down.” “Staffing cuts.” If you’re a business owner, investor, or part of a high-e
Congress Passes Major Tax Bill: What Businesses and Individuals Need to Know
On July 3, Congress passed the sweeping One Big Beautiful Bill Act (OBBBA). This bill is a landmark tax and spending package that makes key provisions from the 2017 Tax Cuts and Jo