Could Your Electricity Bill Be Going Up?
As Congress continues to roll out the One Big Beautiful Bill, new questions are surfacing about how its energy provisions might impact household budgets. A recent report from Energy Innovation points to […]
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The SALT Torpedo: A Hidden Tax Spike for High-Income Earners
President Trump’s new tax law brings sweeping changes, but one of the more complex and potentially costly provisions centers on the SALT deduction, short for State and Local Tax. While the law […]
ACA Premiums Set to Rise in 2026: What the One Big Beautiful Bill Leaves Out
The Affordable Care Act (ACA) is about to get more expensive for millions of Americans and it all comes down to what didn’t make it into the One Big Beautiful Bill. As […]
Nonprofits and Charitable Giving Under the One Big Beautiful Bill
While much of the spotlight has been on individual tax cuts and family deductions, this legislation also makes significant changes for tax-exempt organizations and charitable giving. Let’s break down three areas already […]
Gambling Loss Deductions Face Major Change Under the Big Beautiful Bill
One of the most debated provisions in the One Big Beautiful Bill is set to change how gambling losses are treated for tax purposes beginning in 2026. Under the new rule, taxpayers […]
No Tax on Tips or Overtime? Here’s What the New Law Says
The One Big Beautiful Bill has introduced a major win for many U.S. workers, beginning in 2025, certain tips and overtime pay can be deducted from your federal taxable income. This change, […]
New Car Buyers: A Temporary Tax Deduction You Don’t Want to Miss
The Big Beautiful Bill has introduced a brand-new tax break for certain car buyers: an auto loan interest deduction. Starting with the 2025 tax year, eligible buyers of new, U.S.-assembled vehicles may […]
2025 IRS 1099 Filing Rules for Business Owners
Each tax season, one question always comes up from business owners: “Do I need to file a 1099 for this vendor?” Even seasoned entrepreneurs find the rules confusing. If you’ve ever been […]
Out-of-Pocket Health Insurance Tax Deduction Misconception
Think your out-of-pocket health expenses are fully tax-deductible? Not so fast! Myth: Every dollar I spend on health insurance reduces my taxes.Reality: You only get a deduction if you itemize and your […]
IRS to Send Automatic Payments to Eligible Taxpayers Who Missed Recovery Rebate Credit
Hey, taxpayers! Big news from the IRS! If you missed claiming the Recovery Rebate Credit on your 2021 tax return, you could be getting money sent your way; automatically! Here’s what you […]
What Happens if Trump Takes Away the IRS?
Nobody enjoys paying taxes, and let’s face it; most people aren’t exactly fond of the IRS either. But we’ve always heard that the only certainties in life are death and taxes. So, […]
Available Now: Taxes 101
I am so excited to announce that I have written my first book, “Taxes 101.” I wrote “Taxes 101” to help entrepreneurs have a basic understanding of how taxes work so that […]