Recent Posts
How New Tax Laws Might Help You Keep More Money In Your Paycheck This YearNovember 24, 2025 - 8:52 pmThe “One Big, Beautiful Bill” introduced several new tax breaks and expanded others, which will likely lower 2025 tax bills or increase refunds for many taxpayers. Because of this, some people may want to adjust the amount they have withheld from their final paychecks of the year.
IRS Increases Contribution Limits for 7 Retirement Accounts — Including the First IRA Catch-Up Hike In Years. Here’s How Much More You Can Save In 2026November 17, 2025 - 10:46 pmThe IRS has announced inflation-based increases for seven types of retirement accounts. Income limits for IRAs and the cap for qualified charitable distributions are also rising. These changes will apply to tax returns filed by April 2026.
How The ‘One Big Beautiful Act’ Changes The Business Interest Expense LimitationNovember 10, 2025 - 8:49 pmGiven the significant role of debt financing in real estate ventures, understanding and planning around these updates is essential to maximize tax efficiency.
Don’t Get Hit With A 25% Penalty: What The New IRS Rule Means For Inherited IRAsOctober 27, 2025 - 8:43 pmAs the largest wealth transfer in U.S. history accelerates, millions of Americans are poised to inherit more than assets—they may also inherit unexpected tax headaches.
Six Ways Your Income Taxes Change In Retirement — For Better and WorseOctober 20, 2025 - 11:31 pmWhen you retire, your federal income tax situation will almost certainly look different from what it did during your working years. Understanding how your tax situation evolves in retirement may help you keep more money in your pocket.
IRS Cracks Down On Travel And Meal Deductions: What Expenses Won’t Fly In 2025October 13, 2025 - 8:25 pmInflated or unsupported business travel and meal write-offs could trigger audits or penalties. Experts say this move reflects the IRS’s broader effort to curb abuse of business expense claims.
New Tax Rules: Income The IRS Won’t Touch In 2025October 6, 2025 - 8:31 pmWhile the OBBB tax and spending law will offer potential breaks for many, it also introduces confusion about what’s truly non-taxable. Here’s a breakdown of income the IRS won’t tax and how the new law might impact your next return.
Major 401(k) Tax Break For Certain Earners Is Coming To An EndSeptember 29, 2025 - 7:49 pmThe IRS has issued final regulations for a 2022 law, which will require high-earning workers aged 50 and up to make pre-tax catch-up contributions.
IRS Interest Rates Jump To 6% On Oct. 1. Here’s How Much Money You’ll Get For A Missing Refund
As of Aug. 5, there were 9.7 million unprocessed individual 2021 tax returns, according to the IRS, with 1.8 million requiring error correction or other special handling. The IRS is working to clear its backlog but there’s a little good news if you’re missing a refund: You may be earning interest on your unpaid balance. CLICK ON THE HEADLINE FOR MORE
8.2 Million People May Soon Get Health Insurance Rebates Up To An Average $155 Per Person
An estimated 8.2 million policyholders are expected to receive a piece of $1 billion in rebates by Sept. 30 from various insurers, The rebate amount can vary widely, depending on your location and insurer. CLICK ON THE HEADLINE FOR MORE
The Inflation Reduction Act and Taxes: What You Should Know
The U.S. Senate just passed the Inflation Reduction Act of 2022—a climate, energy, healthcare, and tax bill that would increase IRS funding, and change some tax policy and tax credits. The House of Representatives is expected to take up the legislation on Friday, August 12th In the meantime, it’s good to have information about how the Act might impact your taxes. CLICK ON THE HEADLINE FOR MORE