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Expanded Paid-Leave Tax Credit Gives Employers More Ways To Qualify

New IRS guidance explains how businesses can benefit from the permanently expanded federal tax credit for paid family and medical leave, including broader employee eligibility and a new insurance-premium option.

IRS Eyes Charitable Donation Abuse In New Audits, Tax Pros Say

The IRS is increasing audits of non-cash charitable donations, with tax professionals reporting greater scrutiny of asset valuations, appraisal requirements and technical filing rules as the agency broadens enforcement beyond conservation easements.

Nine Reasons The IRS Could Take Your Tax Refund

A tax refund isn't always guaranteed to reach your bank account. Here's a list of reasons why the IRS may legally withhold or offset your refund—and what you can do if it happens.

Trump Account vs 529: Which Is More Beneficial For Children?

While the new newborn investment program known as Trump Accounts provides another savings option, financial experts caution it should not be viewed as a replacement for a 529 college savings plan designed to help save for education. Experts say the two accounts can complement each other rather than compete.
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QuickBooks Support: When DIY Accounting Starts Holding A Business Back

QuickBooks can be a powerful tool for small businesses, but only when it is set up and maintained correctly. If your reports do not make sense, your books are behind, or you are spending too much time trying to fix accounting issues yourself, it may be time to get professional QuickBooks support.

Trump’s New Auto Loan Tax Break: Who Qualifies?

As higher car prices and elevated interest rates have driven up borrowing costs for millions of Americans, a new tax deduction signed into law may offer some relief for eligible buyers. Qualifying taxpayers can deduct interest paid on certain auto loans, potentially reducing their taxable income and lowering their federal tax bill.