What you still need to know about the alternative minimum tax after the new law
The alternative minimum tax (AMT) is a separate federal income [...]
President Trump Signs the One, Big, Beautiful Bill Act into Law: What It Means for You
On July 4, 2025, President Trump signed into law the [...]
The new law includes favorable changes for depreciating eligible assets
The One Big Beautiful Bill Act (OBBBA) includes a number [...]
What the new tax law could mean for you
As 2025 began, individual taxpayers faced uncertainty with several key [...]
Understanding spousal IRAs: A smart retirement strategy for couples
Retirement planning is essential for all families, but it can [...]
Is college financial aid taxable? A crash course for families
College can be expensive. According to the College Board, the [...]
The One, Big, Beautiful Bill could change the deductibility of R&E expenses
The treatment of research and experimental (R&E) expenses is a [...]
Sec. 6166: Help For Family Businesses with Estate Tax Bills
Even though the current gift and estate tax exemption amounts [...]
Hiring independent contractors? Make sure you’re doing it right
Many businesses turn to independent contractors to help manage costs, [...]
The tax rules for legal awards and settlements: What recipients should know
If you’ve recently received a settlement or award from a [...]
