The new OBBB tax law brings major relief to working families through bigger deductions and expanded credits. But while taxpayers celebrate lower bills, economists warn of rising national deficits ahead. Learn how the OBBB could reshape your 2025 tax strategy — and what steps to take now to prepare.
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OBBB Tax Law 2025: Major Tax Cuts for Families, But Rising Deficits Ahead
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New IRS ERC Guidance 2025: What Businesses Need to Know About Employee Retention Credits
The IRS has issued new 2025 guidance on the Employee Retention Credit (ERC), affecting late claims for Q3 & Q4 2021. Learn what businesses need to know about deadlines, appeal rights, and how to protect their ERC credits.
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Big Tax Refunds Coming in 2026: How the One Big Beautiful Bill Could Boost Your Money
Many Americans could see bigger tax refunds in 2026 thanks to the One Big Beautiful Bill (OBBB). Learn how changes to tax credits, deductions, and retroactive provisions could put more money back in your pocket and how to prepare to maximize your refund.
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Estate Tax Exemption 2026: New $15 Million Limit Could Save Families Millions
The federal estate tax exemption will rise to $15 million per person ($30 million for couples) in 2026 — the highest ever. Learn how this historic increase could reshape estate planning, help families save millions, and what steps to take now before future tax changes roll back these benefits.
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Tax-Loss Harvesting & Asset Location: Smart Ways to Cut Taxes in 2026
Want to pay less in taxes while growing your investments? Discover how tax-loss harvesting and smart asset location strategies can help you save money, reduce capital gains, and boost your long-term returns. Learn how these simple tax moves can make a big difference for 2026 and beyond.
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IRS Still Fining Late Taxpayers Despite Shutdown β What You Need to Know Before Itβs Too Late
Even during the government shutdown, the IRS is still charging penalties for taxpayers who missed the October 15 filing deadline. Learn why the shutdown doesn’t pause IRS fines, what penalties apply, and how to avoid extra costs by filing and paying as soon as possible.
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2026 Tax Brackets & Standard Deductions Released β What It Means for You
Bigger deductions, higher brackets, and a new bonus for seniors — the 2026 tax rules are built to help taxpayers save more and stress less.
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IRS Workforce Cut in Half During Shutdown β Refunds and Paper Filings Face Major Delays
The IRS is running at only about 53% capacity due to the ongoing government shutdown, leading to major delays in paper filings, refund processing, and taxpayer correspondence. Learn how this reduced workforce is affecting operations and what steps you can take to minimize the impact on your tax filings.
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Trump Announces 25% Truck Tariff Starting Nov 1, 2025: What It Means for Businesses & Consumers
Starting November 1, 2025, President Trump’s new 25% tariff on imported medium- and heavy-duty trucks will take effect, impacting U.S. businesses, consumers, and the trucking industry. This tariff aims to support domestic truck manufacturing and protect jobs, but it could also raise costs for companies relying on imported trucks and lead to higher prices for goods and services. Understanding these changes is essential for businesses and consumers to prepare and adapt effectively.
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IRS Cracks Down on Gig Workers in 2025: Avoid Penalties & Pay Estimated Taxes on Time
Freelancers and gig workers face stricter IRS rules in 2025. Learn how to pay quarterly taxes on time and avoid penalties.
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IRS Appoints Frank Bisignano as CEO β What It Means for You in 2025
The IRS just named Frank Bisignano, head of the Social Security Administration, as its first-ever CEO — a major move that could reshape how taxes are managed in 2025. Learn what this leadership change means for taxpayers, small businesses, and the future of IRS service and technology.
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IRS Launches New Mediation Pilot Program to Help Businesses Resolve Tax Disputes Faster
The IRS’s new Post-Appeals Mediation Pilot Program gives businesses a faster and more flexible way to settle tax disputes. Learn how it works, who qualifies, and why it could reshape IRS appeals.
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Global Minimum Tax 2025: U.S. Pushes Back on OECD Deal β What It Means for Businesses
The global minimum tax is at the center of heated negotiations as the U.S. pushes for changes to OECD’s Pillar Two rules. With a 15% minimum rate on multinational companies at stake, countries are rushing to finalize the deal by year-end. Will America’s demands reshape the agreement—or risk breaking it apart?
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One Big Beautiful Bill Act 2026: New 1% Tax on Remittances Explained
The One Big Beautiful Bill Act introduces a new 1% tax on U.S. money transfers sent abroad starting January 1, 2026. Here’s what you need to know about the remittance tax and how it could affect families, businesses, and the global economy.
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H.R. 10468: New Bill Could Let Americans Abroad Opt Out of U.S. Taxes
A new bill, H.R. 10468, could let U.S. citizens abroad opt out of worldwide taxation and be treated as nonresidents for tax purposes. If passed, it would ease reporting burdens and lower costs for millions of Americans overseas.
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IRS 2025 Tax Updates: New Brackets, Deductions & Credits
The IRS has released its 2025 inflation adjustments, increasing tax brackets, standard deductions, and credit thresholds. These updates aim to help taxpayers keep more of their money as prices and wages continue to rise. Here’s what you need to know about the biggest IRS tax changes for 2025.
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IRS Cracks Down on Travel & Meal Deductions in 2025
The IRS is cracking down on travel and meal deductions in 2025. Find out what expenses qualify, what’s no longer allowed, and how to protect your business from audits and penalties.
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G7 Global Tax Plan 2025: What the New Minimum Tax Means for U.S. Businesse
The G7 is introducing a global minimum tax in 2025 under a new “side-by-side” framework. Learn how these rules will impact U.S. companies and reshape international tax.
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IRS Ends Paper Tax Refund Checks After Sept. 30, 2025 β What Every Taxpayer Must Know
Starting September 30, 2025, the IRS will no longer send tax refund checks by mail. All refunds and most federal payments—including Social Security—will be electronic. Learn why paper checks are ending, what this means for taxpayers, and how to prepare if you don’t have a bank account.
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2026 Tax Brackets & Standard Deduction: What You Need to Know
The IRS has announced new tax bracket thresholds and a higher standard deduction for 2026, giving taxpayers more breathing room thanks to inflation adjustments. While tax rates remain the same, you’ll need to earn more before moving into a higher bracket. Learn how these changes could affect your tax bill, savings, and planning for the year ahead.
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