Big news for agriculture innovators: On Feb. 3, the U.S. Tax Court ruled in George v. Commissioner that research to improve poultry health, disease resista...
Many married couples include a working spouse and a nonworking spouse, but that doesn’t mean the nonworking spouse can’t save for retirement. A nonwork...
Tax season is here, and as you prepare to file your federal return, tax credits deserve a close look. Unlike deductions, credits reduce the amount taxpayer...
If you claimed an exemption from federal income tax withholding in 2025, remember to renew it by Feb. 17. Your exemption won’t renew automatically. To ke...
Minimizing federal tax is just one segment of any tax-reduction strategy. Careful planning can also help individuals reduce (and even eliminate) state inco...
The IRS has proposed regulations regarding the clean fuel production credit (https://bit.ly/4kctoAO). The regs are intended to explain how clean transporta...
Before filing your 2025 income tax return, consider obtaining an Identity Protection Personal Identification Number (IP PIN). Having an IP PIN can help saf...
With the federal government partially shut down, you may be wondering about the effects on the IRS just as tax season opened on Jan. 26. Under a contingenc...
A reminder from the IRS: If you used a broker to sell or dispose of digital assets such as cryptocurrency or nonfungible tokens (NFTs) after Jan. 1, 2025, ...
Missing a W-2 or 1099 this tax season? If your Form W-2 or Forms 1099 aren’t available by the Feb. 2, 2026, deadline for most of these forms, or if the i...
