Special Section: Guide to 2025 Tax Changes January 15, 2026
How Trump Savings Accounts Work in the New OBBBA
The IRS has yet to issue in-depth guidance on Trump accounts, but we have provided an outline of some basic rules below.
Special Section: Guide to 2025 Tax Changes January 15, 2026
The IRS has yet to issue in-depth guidance on Trump accounts, but we have provided an outline of some basic rules below.
December 19, 2025
November 18, 2025
Special Section: Guide to 2025 Tax Changes January 15, 2026
The IRS has yet to issue in-depth guidance on Trump accounts, but we have provided an outline of some basic rules below.
Special Section: Guide to 2025 Tax Changes December 23, 2025
This series of articles spotlights key tax issues and changes made to tax law in 2025 that will affect the 2026 income tax filing season and the years to come, as a result of the One Big Beautiful Bill Act.
Taxes December 19, 2025
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
Special Section: Guide to 2025 Tax Changes November 18, 2025
The OBBBA generally enhances the tax benefits available for investments in the Qualified Opportunity Zone (QOZ) program and makes these favorable tax law changes permanent.
Special Section: Guide to 2025 Tax Changes November 14, 2025
An ABLE account works like the better-known Section 529 account for higher education expenses. After you establish the account and contribute to it, any earnings inside the account are exempt from current tax.
Special Section: Guide to 2025 Tax Changes November 12, 2025
The OBBBA tax changes mean a major impact on 2025 tax returns that must be filed by April 15, 2026. Besides creating new tax forms, the OBBBA requires significant modifications to others.
Special Section: Guide to 2025 Tax Changes November 12, 2025
The OBBBA increases the contribution limit for dependent care expenses to $7,500, beginning in 2026. This gives participating employees more leeway as dependent care costs continue to escalate.
Special Section: Guide to 2025 Tax Changes November 12, 2025
If a corporation makes a monetary contribution falling between the 10% ceiling and the 1% floor, the amount “in between” is deductible. Any nondeductible amount above the 10% ceiling may still be carried over for five years.
Special Section: Guide to 2025 Tax Changes November 11, 2025
The deduction for miscellaneous expenses—including unreimbursed employee business expenses and production-of-income expenses—was not revived.
OBBBA Tax Act November 11, 2025
The CTC is now bigger and better—permanently. The new also retains a special tax credit for non-child dependents.
Special Section: Guide to 2025 Tax Changes November 11, 2025
The OBBBA expands the tax benefits for stock issued after July 4, 2025—the date of enactment—for stock that meets revised requirements. The new law contains three key changes of interest to entrepreneurs.
Special Section: Guide to 2025 Tax Changes November 10, 2025
If a client suffers a personal casualty loss before the end of the year, rush to their tax aid. They may want to speed up tax relief by filing an amended return.