On July 4, 2025, President Trump signed H.R. 1—commonly referred to as the “One Big Beautiful Bill”—into law. This legislation introduces sweeping …

Do you regularly earn overtime pay? If so, the One Big Beautiful Bill Act (OBBBA) may help reduce your federal income taxes.

New overtime deduction

B…

If you will be age 65 or older by December 31, 2025, a new tax break may be available to you.

Starting in 2025, seniors can take advantage of a new …

Starting in 2025, the federal limit on the state and local tax (SALT) deduction is temporarily increased.

From 2025 through 2029, eligible taxpayers …

You can save money on your taxes by hiring your minor children. For tax year 2025, your child under 18 can earn up to $15,750 working in your …

The IRS looks at three main categories to determine whether a worker is an employee or an independent contractor.

Behavioral Control

Facts …

What: A deduction is allowed for a business owner's qualified business use of the home. The deduction is limited to net income from the activity.

Who…

The Fantasy Sports Trade Association (FSTA.org) estimates that approximately 19% of Americans play fantasy sports.

Background:

An IRS memo …

Scammers are preying on unsuspecting taxpayers. Most of the scams are obvious (see the list of common scams below). None the less, taxpayers …

Not everyone gets a refund. Many taxpayers owe. It is important to make sure you file timely even though you may not have the money to pay to avoid …