If you’re looking for last-minute ways to lower your 2025 tax bill, consider prepaying some education costs. Taxpayers may be able to claim an American O...
On Dec. 1, the U.S. House passed the Tax Court Improvement Act with bipartisan support. The legislation is designed to increase accountability, simplify co...
The IRS is providing guidance on new tax benefits of Health Savings Accounts (HSAs) under the One Big Beautiful Bill Act (OBBBA). Among other things, the O...
The One Big Beautiful Bill Act permanently extends the employer tax credit for paid family and medical leave. Before the new law, the credit was scheduled ...
It may be possible to defer tax liability when you sell appreciated real estate or rental property. But be careful. An installment sale, for example, allow...
On Dec. 2, President Trump announced that Michael and Susan Dell are donating $6.25 billion to expand the funding of tax-advantaged Trump Accounts, which a...
Time is quickly running out for Congress to extend the Affordable Care Act’s enhanced Premium Tax Credits (PTCs). Lawmakers in both parties have expresse...
’Tis the season for gift card scams, unfortunately. When buying gift cards for loved ones, buy only from reputable retailers with security cameras and ex...
A recently released draft of the U.S. Senate’s Financial Services and General Government (FSGG) funding bill allocates $3.2 billion for taxpayer services...
An unexpected influx of money, such as from an inheritance, bonus, legal settlement or lottery win, can feel exciting and full of possibility. But without ...
