Congressional Republicans have already clawed back more than $40 million in Inflation Reduction Act funding to the IRS. A newly approved U.S. House Appropr...
President Donald Trump and European Commission President Ursula von der Leyen announced a “framework” trade agreement that imposes a 15% import tariff ...
If you still receive federal payments by paper check, you may need to take certain steps soon. Starting Sept. 30, 2025, the federal government will stop is...
If your summer chore list includes cleaning out the garage and closets, you might have items to donate to a local charity. That may lead to tax savings, bu...
The One, Big, Beautiful Bill Act (OBBBA) contains enhancements to Section 529 plans. The new law expands the list of educational expenses that can be paid ...
The IRS has announced it will soon retire its Filing Information Returns Electronically (FIRE) system. FIRE is used primarily by small businesses, self-emp...
Does your business incur research and experimentation (R&E) expenses? The One, Big, Beautiful Bill Act reinstates the immediate deduction for research ...
“Ordinary and necessary” business expense tax deductions are allowed when carrying on an active trade or business. In one case, a taxpayer engaged in r...
In March 2025, President Trump issued an executive order to phase out paper-based Treasury checks, including those for tax refunds, by Sept. 30, 2025. On M...
Do you send money to someone in another country? If so, because of a lesser-known provision of the One, Big, Beautiful Bill Act, the money you send may be ...
