News

Tax Advice: Tax Filing FAQs for Individuals

January 22, 2026

Tax filing season is upon us, and you probably have questions. Here are answers to some FAQs to help.

Tax Advice: When You May Be Eligible for Casualty Loss Tax Deduction

January 19, 2026

If you endured a disaster in 2025, you may be eligible to claim a personal casualty loss deduction on your income tax return — but under what circumstances, exactly?

Tax Advice: When Medical Expenses Are (and Aren't) Tax Deductible

January 15, 2026

Now is a good time to review your medical expenses for 2025 and see if you had enough so you can claim the medical expense deduction. But first you need to know what’s potentially deductible.

Tax Advice: A New Year Means New Tax Figures

January 5, 2026

For 2026, the standard deduction, most retirement contribution limits and the gift and estate tax exemption are increasing. Other important tax figures for individuals are also changing.

Tax Advice: More with Disabilities Soon Eligible For ABLE Accounts

December 29, 2025

If you or someone in your family became disabled or blind after turning 26 but before age 46, the expansion of ABLE account eligibility in 2026 provides a new opportunity for tax-advantaged savings.

Tax Advice: Checking Off RMDs on Your Year-End To-Do List

December 10, 2025

If you’re subject to required minimum distribution (RMD) rules on a retirement plan you own or inherited, you may need to take action by Dec. 31 to avoid a penalty. Here’s what you need to know.

Tax Advice: There's Still Time to Save 2025 Taxes

December 10, 2025

Want to reduce your 2025 taxes? Here are four ideas you may be able to implement in December.

Tax Advice: Take Advantage of the 0% Long-Term Capital Gains Rate

November 23, 2025

Taxpayers subject to the 15% or 20% long-term capital gains tax rate can still benefit from the 0% rate. Here’s how.

Tax Advice: New Itemized Deduction Limitation to Affect Those with High Incomes

November 23, 2025

Your tax deductions may soon not be worth as much as you expected. Here’s what you need to know about a new tax law provision that will reduce deductions for high-income taxpayers.

Tax Advice: How the Social Security Wage Base Will Affect Payroll Taxes in '26

November 19, 2025

The Social Security tax rate is 6.2%, or twice that if you’re self-employed. Find out if you’ll have to pay Social Security tax on all your wages and self-employment income in 2026.

Tax Advice: How the 2025 SALT Deduction Cap Could Save You Taxes

November 19, 2025

Is your property tax bill large? Or do you pay a lot in state income taxes? You might be eligible for a much bigger SALT deduction on your 2025 income tax return.

Tax Advice: Review Your Business Expenses Before Year End

October 29, 2025

For businesses, smart timing of deductible expenses can be a key strategy in year-end tax planning. But understanding exactly what’s deductible and what’s not isn’t easy.

Tax Advice: Boost Your Savings By Donating Appreciated Stock Instead

October 27, 2025

Are you charitably inclined and looking for a powerful year-end tax-saving strategy? Read on.

Tax Advice: Making the Most of the New Deduction for Seniors

October 27, 2025

The new “senior” deduction can be a valuable tax saver for eligible taxpayers. But if your income might exceed the applicable phaseout threshold, you may need to take steps before year end to maximize your deduction.

Tax Advice: Understanding the Most Common IRS Notices

September 29, 2025

Receiving an IRS notice doesn’t always mean bad news, and it doesn’t mean you’ve done something wrong. Many notices are informational or involve minor corrections. Here are five common notices and what they mean.

Tax Advice: The Power of Catch-Up Retirement Account Contributions

September 18, 2025

Over age 50? Catch-up retirement contributions could make a huge difference in your future wealth. Here’s how.

Tax Advice: New Tax Breaks, Tips & Overtime

September 18, 2025

The One Big Beautiful Bill Act creates new limited deductions for tips and overtime income through 2028. Find out if you qualify and what it means for your tax bill.

Tax Advice: Updates on Deducting Educator Expenses

September 3, 2025

Are you an educator spending money out of your pocket on classroom supplies? You may be eligible for a tax break.

Tax Advice: Invest in Qualified Small Business Stock for Expanded Tax Benefits

September 2, 2025

The OBBBA enhances the tax benefits of qualified small business stock. Here’s how.

Tax Advice: Next Estimated Tax Payment Deadline Is Soon

August 21, 2025

Do you make estimated tax payments? When is the next one due and did the One Big Beautiful Bill Act affect the amount you owe? Here are some answers.

Tax Advice: No Tax on Car Loan Interest Under the New Law?

August 16, 2025

Buying a new car? You may have heard there’s “no tax on car loan interest” anymore. That’s not exactly accurate. Here are the rules.

Tax Advice: Act Soon, As OBBBA Ends Clean Energy Tax Breaks

August 11, 2025

Thinking about buying an electric vehicle, installing solar panels or replacing some windows or doors? Act now if you want to claim tax breaks because they’re expiring soon.

Tax Advice: What Families Need to Know About the New Tax Law

August 7, 2025

The sooner you start planning for the changes in the One, Big, Beautiful Bill Act, the better positioned you’ll be. Here are some of the new provisions affecting families.

Tax Advice: Understanding Spousal IRAs & Retirement Planning

July 30, 2025

If you’re married and don’t work outside the home, can you contribute to a retirement plan? You may be eligible for a spousal IRA. Here are the rules for 2025.

Tax Advice: What the New Tax Law Could Mean for You

July 30, 2025

In case you haven't yet heard about how the One, Big, Beautiful Bill Act will affect you, read on.

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