A temporary federal income tax deduction for interest on qualifying auto loans for 2025 through 2028 was created by the One Big Beautiful Bill Act. The wri...
Federal tax refunds worth approximately $1.2 billion remain unclaimed for the more than 1.3 million taxpayers who haven’t filed their 2022 federal income...
For manufacturers, maintaining financial clarity is essential to staying competitive in an increasingly data-driven industry. Performing a benchmarking stu...
Beginning this year, the tax-free 529 plan withdrawal limit for qualified elementary and secondary school expenses has doubled to $20,000 per year per bene...
Are you expecting a hefty tax bill for 2025 that you can’t immediately pay? Don’t panic. First things first: File your tax return. The failure-to-file...
When most people think about estate planning, they focus primarily on tangible assets, such as real estate, investments and personal property. However, in ...
On March 12, the U.S. Senate passed the bipartisan 21st Century ROAD to Housing Act. Among provisions intended to boost housing availability and affordabil...
Are you a business owner or self-employed? Do you drive for business purposes? If so, you’ll be happy to know that the IRS’s standard mileage rate for ...
If the IRS flags your tax return for potential identity theft, don’t panic. According to the Taxpayer Advocate Service, the IRS suspended the processing ...
There are instances when taxpayers aren’t legally required to file a federal income tax return. This could apply if your income is under the filing requi...