Recently, the American Institute of Certified Public Accountants (AICPA) asked the IRS to clarify reporting and substantiation requirements for deducting q...
Months after the One Big Beautiful Bill Act (OBBBA) was enacted, confusion remains about the taxation of Social Security benefits. Overall, nothing has cha...
For some states and municipalities (including New Jersey, Virginia and New York City), early November means election season. It’s important to remember t...
The consequences of a government shutdown are hard to predict. Although the 2018-2019 shutdown didn't hold up the start of the 2019 tax filing season, it d...
Health insurance open enrollment begins Nov. 1. One option is a high-deductible health plan (HDHP) paired with a Health Savings Account (HSA). You fund the...
If you're a business owner or an independent contractor, before traveling for business, be sure you know what's tax deductible. To qualify, travel must tak...
As the weather cools, many homeowners are seeking ways to reduce their energy bills and possibly get a tax break by installing solar panels. If that's your...
One of the 10 fundamental rights guaranteed to taxpayers by the IRS's Taxpayer Bill of Rights is the right to representation. This means you're allowed to ...
The IRS has issued transitional guidance to auto lenders required to report certain vehicle loan interest for 2025. Under the One Big Beautiful Bill Act, i...
In certain circumstances, investors may be able to deduct losses from theft. To be deductible, the loss must not be reimbursed, such as through insurance. ...
