Category: News

There are some changes for the 2026 tax filing season that people who are 65 years of age and older should be […]

There are several new tax deductions that have been introduced for the 2026 filing season. A deduction is an amount subtracted from […]

The One, Big, Beautiful Bill (OBBB) has a significant effect on federal taxes, credits and deductions. Millions of taxpayers reported earning tips […]

The Internal Revenue Service has announced that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents […]

The Department of the Treasury and the Internal Revenue Service has issued a notice announcing upcoming regulations and providing guidance regarding Trump […]

The Internal Revenue Service have issued guidance for workers eligible to claim the deduction for tips and for overtime compensation for tax […]

The Internal Revenue Service has announced that the amount that individuals can contribute to their 401(k) plans, 403(b) plans, governmental 457 plans, […]

Recent legislation retroactively reinstated the reporting threshold in effect prior to the passage of the American Rescue Plan Act of 2021 (ARPA) […]

The Internal Revenue Service has announced the tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax […]

The IRS issued final regulations on September 15 addressing the new Roth IRA catch-up contribution rule enacted as part of the SECURE […]