Tariffs are giving the U.S. government record revenue in 2025, but at what cost? Learn how this hidden tax impacts businesses, consumers, and long-term growth.
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U.S. Tariffs Surge in 2025: Short-Term Revenue, Long-Term Risks
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IRS Tax Season 2026 Delay? Refund Start Date Confusion Explained
The IRS caused confusion after suggesting the 2026 tax season might not begin until Presidents’ Day, raising concerns about refund delays and filing deadlines. While the IRS later clarified no official start date has been set, taxpayers should start preparing now to avoid stress and ensure fast refunds once filing opens.
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Trump’s New Tax Law Raises Slot Machine Reporting Threshold: What Gamblers Need to Know in 2025
The rules for casino winnings are changing in 2025. Under Trump’s new tax law, casinos won’t issue tax forms for slot machine wins until payouts reach a higher amount. This means fewer W-2G forms for casual players and less paperwork during tax season. But while it may feel like a win for gamblers, it’s still important to track your winnings and understand how this law could affect your taxes.
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2025 Tax-Free Back-to-School Weekends: Dates, States, and How to Save Big
In 2025, back-to-school shopping is getting a major boost with tax-free weekends across 17 states—plus a full month in Florida and a two-week holiday in Ohio. From clothing and school supplies to electronics, these sales tax holidays can save families hundreds of dollars. Here’s your complete guide to dates, participating states, and smart shopping strategies so you don’t miss out.
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One Big Beautiful Bill Tax Break: How to Cut Your U.S. Taxes Instantly in 2025
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.
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Trump’s New Tariffs Raise Prices and Risks for U.S. Families in 2025
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.
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IRS-ICE Deal Could Cut Billions in Taxes from Texas—Here’s Why It Matters
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.
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New $10K Auto Loan Tax Deduction: Who Qualifies & How to Claim
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.
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How Big Companies Saved $148B from the 2025 Tax Law
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.
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Tariff-Funded Tax Rebates: What the American Worker Rebate Act Means for You in 2025
A new bipartisan plan, the American Worker Rebate Act, could give families a tax rebate of $600 or more in 2025—using money the U.S. already collects from tariffs. With over $100 billion raised through these import fees, lawmakers want to return some of it to working Americans. Here’s what it means for you, how it might work, and why it’s gaining attention now.
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IRS Audit Changes & Data Risks: What Businesses Must Know
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.
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Tax Rebate Checks Coming? Congress Eyes Tariff Payouts
Congress is considering a new plan to send tax rebate checks to American families—funded entirely by tariff revenue from imported goods. Learn what this means, who qualifies, and how much you could get.
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Sales Tax in 2025: 408 New Changes Every Business Must Know
In 2025, U.S. businesses are facing a record 408 sales tax changes. With digital goods and local rates shifting fast, learn how to keep your business compliant and audit-free.
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New U.S. Tax Law Gives Big Breaks to Exporting Companies
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.
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New Gambling Tax Rule: Loss Deductions Capped at 90%
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.
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Trump Proposes No Tax on Home Sales in 2025
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.
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New State Tax Changes Just Hit: What to Know Now
Big changes to state taxes started on July 1, 2025. From higher gas prices in California and Alabama to income tax cuts in South Carolina, these updates could affect your paycheck, your business, and even your weekly budget. In this post, we break down the most important tax changes—what they are, who they impact, and what smart steps you can take now.
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IRS Free File on the Chopping Block: What Every Taxpayer Should Know
The IRS’s free Direct File tool is at risk of being shut down—and the reason may surprise you. Reports show that some officials pushing to end the program have financial ties to tax software companies. In this blog, we explain what’s happening, how it could impact everyday taxpayers, and why working with a trusted CPA firm like ours can help you stay protected and stress-free.
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IRS Free File May Be Gone After 2025 — Here’s What Taxpayers Need to Know
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.
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IRS Warns of Phishing Scams Ahead of October 15 Deadline — Use Free File to Stay Safe
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.
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