The Federal Reserve lowered interest rates by one-quarter of a percentage point on Dec. 10, 2025. This was the third meeting in a row that the Fed board lo...
The Work Opportunity Tax Credit (WOTC), scheduled to expire on Dec. 31, 2025, offers tax savings to businesses for hiring individuals from targeted groups....
Businesses should act quickly if they want to maximize their Sec. 179 expense deduction for the 2025 tax year. To qualify, the eligible property must be pl...
The One Big Beautiful Bill Act (OBBBA) permanently eliminates the deduction for interest on home equity loans and lines of credit. Previously, this deducti...
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...