The new One Big Beautiful Bill could mean big savings for U.S. businesses in 2025. By allowing full deductions for certain U.S.-based investments in the same year they’re made, this law helps business owners keep more cash in hand for growth. Learn who qualifies, how much you can save, and why acting now could be your smartest tax move yet.

President Trump’s new tariffs are raising import taxes to the highest level since 1934. With prices on electronics and food expected to rise, experts warn this could hurt families and slow the U.S. economy. Find out how these changes might impact you.

A new deal between the IRS and ICE could stop many undocumented immigrants from filing taxes. Experts say this may cost states like Texas billions in lost revenue and shake trust in the tax system. Here’s what you need to know.

A new tax law lets car buyers deduct up to $10,000 in auto loan interest from their taxes between 2025 and 2028. Learn how to qualify, what cars count, and how to claim it.

In 2025, major U.S. companies like Amazon and Microsoft saved $148 billion in taxes thanks to the new One Big Beautiful Bill. Learn how immediate expensing and accelerated depreciation helped them—and what this means for everyday Americans.

The IRS is making big changes that could affect your business. New audit rules are coming, and with cyber threats on the rise, the IRS is urging all tax professionals to set up a Written Information Security Plan (WISP). At the same time, cuts to IRS funding and staff could cause delays in the 2026 filing season. Here’s what you need to know—and how to stay ahead.

A new U.S. tax law is cutting costs for companies that sell products overseas. Big exporters like Boeing and Caterpillar will benefit—but so can small businesses. Learn how this tax break works and what it could mean for your bottom line.

Starting January 1, 2026, the IRS will limit how much of your gambling losses you can deduct. Instead of writing off 100%, you’ll only be able to deduct 90% of what you win. That means you could owe taxes—even if you broke even. Here’s what this “phantom income” rule means and how to prepare for it.

President Trump is pushing a bold new tax plan: no more capital gains taxes when you sell your primary home. The proposed No Tax on Home Sales Act could let homeowners keep 100% of their profits—no matter how large. In this post, we break down what the plan includes, who it helps, and how it could impact the housing market and your wallet.

The IRS’s free Direct File tool has made tax filing easier for many—but it could disappear after 2025 due to pressure from tax software lobbyists. In this post, we break down what’s happening and how it may affect you. As your trusted CPAs, we’re here to help you navigate your options and make sure your taxes are filed safely and correctly.

The IRS is warning taxpayers and tax pros about a rise in phishing scams—fake emails and texts trying to steal your personal information. If you still need to file taxes before the October 15 deadline, make sure you're protected. In this post, we explain how to spot scams and safely file your return using IRS Free File.

A new 2026 tax rule lets you deduct up to $2,000 for giving to charity—even if you don’t itemize. This means more savings for everyday givers and families. Find out how it works, who qualifies, and how to prepare before tax season hits.

The One Big Beautiful Bill Act is now law—and it brings major tax updates for employers. From payroll to employee benefits, here's what you need to know to stay compliant and find potential tax savings in 2025.

Big tax changes just kicked in for 2025—and they could save you serious money. The new law raises the estate tax exemption and lets you deduct car loan interest. Whether you're planning your future or buying a car, these updates are worth knowing. Here's what it means for your wallet—explained in plain, simple terms.

Thinking of selling your business? An ESOP lets you cash out, reward your team, and avoid capital gains taxes. Learn how this smart exit plan works in 2025.

Starting in 2025, workers can keep more of what they earn—thanks to a new tax law that eliminates federal income taxes on tips and overtime pay through 2028. This big change means more money in your pocket if you work extra hours or earn tips. Find out who qualifies, how much you can save, and what steps you need to take.

Big tax changes just kicked in across the U.S. as of July 1, 2025. From lower grocery taxes in Mississippi to higher gas prices in Illinois and a new digital services tax in Maryland—these updates could impact your daily spending. Plus, the Treasury has dropped the controversial “revenge tax.” Here’s what it all means for you.

A new plan could end taxes on Social Security benefits—but at a $1.5 trillion cost to the government. Supporters say it helps retirees. Critics warn it favors the wealthy and could drain public funds. Here's what the proposal really means for your wallet, retirement, and the future of Social Security.

A new tax break could make giving feel even better. Congress is working on a plan to bring back charitable tax deductions for people who don’t itemize. Starting in 2026, you might be able to deduct up to $1,000 (or $2,000 for couples) just for giving to your favorite nonprofit or cause—even if you take the standard deduction.

This could help millions of Americans save money at tax time while supporting local communities, churches, schools, and more. In this article, we break down how the new deduction works, who qualifies, and what it could mean for your 2026 taxes.

The No Tax on Tips Act is big news for the service industry. It’s a way to reward people who work hard in tough jobs—often for low base pay.

If the bill passes the House and gets signed by the President, millions of workers could start saving thousands of dollars in 2025.

But it also raises questions about fairness, cost, and how we fund the country’s needs.

For now, tip workers can look forward to a future where they may finally keep more of what they earn—one dollar at a time.