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What the new tax law could mean for you
As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire at the end of the year. That...
We have prepared a selection of frequently asked questions.
3 min read
As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire at the end of the year. That...
3 min read
The One, Big, Beautiful Bill Act (OBBBA) was signed into law on July 4. The new law includes a number of favorable changes that will affect small...
3 min read
They say age is just a number — but in the world of tax law, it’s much more than that. As you move through your life, the IRS treats you differently...
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The U.S. Census Bureau reports there were nearly 447,000 new business applications in May of 2025. The bureau measures this by tracking the number of...
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College can be expensive. According to the College Board, the average sticker price for tuition and fees at private colleges was $43,350 for the...
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If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete...
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The IRS recently released the 2026 inflation-adjusted amounts for Health Savings Accounts (HSAs). Employees will be able to save a modest amount more...
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Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among...
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Even after your 2024 federal return is submitted, a few nagging questions often remain. Below are quick answers to five of the most common questions...
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Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s...
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Stock, mutual fund and ETF prices have bounced around lately. If you make what turns out to be an ill-fated investment in a taxable brokerage firm...
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When we prepare your tax return, we’ll check one of the following filing statuses: single, married filing jointly, married filing separately, head of...
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For federal income tax purposes, the general rule is that rental real estate losses are passive activity losses (PALs). An individual taxpayer can...