If you received tips or overtime pay in 2025, you may be eligible for a new deduction when you file your income tax return.
Continue readingBusinesses: Act Soon to Take Advantage of Clean Energy Tax Incentives
While legislation signed into law in 2025 extends or enhances many tax breaks for businesses, it ends some clean energy tax incentives.
Continue readingMake Smart Choices With a Sudden Windfall
An unexpected influx of money (such as from an inheritance, bonus, legal settlement or lottery win) can feel exciting and full of possibility.
Continue reading2026 Tax Law Changes for Individuals
Here’s a sampling of some significant tax law changes going into effect this year…
Continue readingHeavy Tax Breaks for Heavy Business Vehicles
Did you buy a “heavy” business vehicle in 2025? An SUV, pickup or van with a manufacturer’s gross vehicle weight rating (GVWR) over 6,000 pounds…
Continue readingMore Taxpayers May Qualify for the Casualty Loss Deduction
Starting in 2026, personal casualty loss deductions will no longer be limited to federally declared disasters.
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