Watch this IRS webinar to learn more about what a Trump Account is and who is eligible for it as a provision under the Working Families Tax Cuts. A Trump account is a new type of individual retirement account that gives children an early financial foundation and encourages long-term savings and financial awareness. This video: describes [...]
This article was published by the IRS. It’s halfway through the year, which is a great time for taxpayers to do a quick check to make sure they’re on a smooth track to next filing season. Here are some tips: Keep good tax records. Taxpayers should keep all important tax records in one place. They can [...]
This article was published by the IRS. The Department of the Treasury and the Internal Revenue Service have issued Notice 2026-11 that provides taxpayers with guidance on the permanent 100% additional first year depreciation deduction for eligible depreciable property acquired after Jan. 19, 2025, provided by the One, Big, Beautiful Bill. The notice also provides guidance [...]
This article was published by the IRS. Taxpayers may be able to take advantage of new deductions that could reduce taxable income and increase refunds due to the One, Big, Beautiful Bill, passed by Congress in July 2025. Provisions from the new law can have a significant effect on federal taxes, credits, and deductions. The legislation [...]
Have you ever given someone a ride to the airport, delivered food, rented out your house, or taken on freelance work through an online platform? The gig economy, also known as the sharing or on-demand economy, is transforming how millions of people work. But what exactly is it, and what should you know if you're part [...]
