Some taxpayers are allowed to settle their debt with the IRS for less than the amount owed with an offer in compromise (OIC). However, beware of “OIC mil...
On average, Americans are receiving an 11% larger tax refund ($3,521) this year. That’s according to filing season statistics as of March 27, 2026. The I...
Did you know that you can deduct certain types of interest expense? It’s true, though rules and limitations apply. For example, mortgage interest may be ...
Eligible individuals and their family members with disabilities can use tax-advantaged Achieving a Better Life Experience (ABLE) accounts to fund qualified...
The Qualified Opportunity Zone (QOZ) program offers tax breaks on capital gains from eligible long-term investments in designated low-income and rural comm...
The IRS has announced an expansion of its Business Tax Account (BTA), making the self-service platform available to partnerships; tax-exempt organizations;...
Sports betting could get a lot more expensive! A new Bipartisan Policy Center brief (https://bit.ly/4vbsKbT ) outlines how lawmakers might increase the fe...
The Federal Reserve cut interest rates three times in 2025, encouraging some homeowners to refinance their mortgages. If you refinanced last year and haven...
The IRS is offering penalty relief to eligible fishermen and farmers who were unable to timely file Form 8995, “Qualified Business Income Deduction Simpl...
After filing your 2025 tax return, consider fine-tuning your 2026 withholding. A big refund may be fun, but it indicates you withheld too much. Meanwhile, ...