Individual Taxpayers Under the One, Big, Beautiful Bill Act.

The One, Big, Beautiful Bill Act (OBBBA) includes, among many other things, numerous provisions that can affect an individual’s taxes. The new law makes some changes to existing tax breaks that will be significant to…

Tax changes in the One, Big, Beautiful Bill Act

The One, Big, Beautiful Bill Act extends many business-friendly tax provisions The One, Big, Beautiful Bill Act (OBBBA) includes numerous provisions affecting the tax liability of U.S. businesses. For many businesses, the favorable provisions outweigh…

The One, Big, Beautiful Bill Act is now law.

President Trump signs his One, Big, Beautiful Bill Act into law On July 4, President Trump signed into law the far-reaching legislation known as the One Big, Beautiful Bill Act (OBBBA). As promised, the tax portion…

New Study on Tax Burdens: How Does Your State Measure Up?

Where you live can have a major impact on your tax bill. If you’re retiring or able to work remotely, you might be thinking about relocating, and taxes can be a major factor in that…

5 Common Business Entities and Their Tax Implications

Choosing the right business entity is one of the most important decisions entrepreneurs make when launching or restructuring a business. The type of entity selected affects how the business is taxed, its administrative complexity, and…

8 Life Events that May Change Your Tax Situation

Life is full of changes, and many significant milestones can affect your tax situation in unforeseen ways. Whether you’re getting married, welcoming a new child, starting a new job or making other changes, it’s important…

Business Owners: Is It Time to Transition Ownership to the Next Generation?

One of the upsides to owning a small business is the chance to provide a financial legacy for your family members to participate in after you exit the business. However, there are federal tax implications…

Real-World Tax Advice for Recent College Grads

New college graduates will face some of the harsh realities of adulthood, including paying taxes, filing their own tax returns and possibly coordinating with their parents to achieve the best overall family tax results. Here…

Dont Let Quarterly Estimated Tax Payment Obligations Catch You Off Guard

If you are self-employed, run your own small business, or have rental or investment income, there’s a good chance you must make quarterly estimated tax payments. These payments include income tax and, if applicable, self-employment…

Tax Options for Vacation Home Owners Who Want to Sell

In many areas, vacation home prices have skyrocketed, along with property insurance costs. If you own a highly appreciated vacation property, is it time to cash out and simplify your life? You could simply sell…