The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...
DC just suspended major new federal tax breaks, and the move could spark big changes in Georgia’s own tax rules. Here's what ...
The One Big Beautiful Bill Act (OBBBA) is a massive re-write of the federal tax code. The legislation offers several new credits and deductions that could potentially lower your tax bill in the year ...
Starting in 2025, the cap for deducting these taxes has been raised from $10,000 to $40,000. The caps are expected to be raised 1% every year through 2029, before reverting back to $10,000 in 2030.
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...
Advances made by a taxpayer in its business of managing an arena were not bona fide debt, and the taxpayer was not entitled ...
Millions of retirees could stop paying federal taxes on Social Security benefits under new legislation and a temporary $6,000 ...
Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.
A tweak to the deductibility of gambling losses may not bring in a lot of tax revenue, but it could certainly alter a lot of ...
The One Big Beautiful Bill introduced wide-ranging tax changes for seniors, service workers, car buyers and others.
The new IRS guidance (Notice 2025-69) clarifies how workers can claim the One Big Beautiful Bill Act's recently enacted ...