Recent Posts
Trump Accounts Aren’t Exactly ‘Tax-Free,’ As President Said. Here’s How They WorkMarch 9, 2026 - 9:32 pmCreated under the ‘Big Beautiful Bill’, the accounts will function similarly to a traditional IRA once a child turns 18, according to guidance issued in December by the U.S. Department of the Treasury and the IRS.
IRS Warns Americans About Tax Scams With New Fraud Reporting SystemMarch 2, 2026 - 9:08 pmThe IRS encourages both taxpayers and tax professionals to take additional steps to safeguard their financial and personal information. The agency has also introduced a new online tool designed to make reporting fraud easier and more secure.
Eight Tax Deductions For Homeowners Under The One Big Beautiful BillFebruary 23, 2026 - 8:13 pmThere are eight tax breaks for homeowners you’ll want to know about, updated for the 2026 tax year and reflecting changes from the One Big Beautiful Bill. Remember, these guidelines apply to the 2026 tax year, which you will file in 2027.
IRS Issues Stern Warning For Taxpayers Claiming Two Popular CreditsFebruary 16, 2026 - 8:48 pmThe IRS is warning taxpayers that refunds may be delayed if they claim two of the most popular credits available. If you’re expecting a refund that includes either of these credits, it’s important to factor in the potential delay when budgeting for the months ahead.
IRS Issues Advice To Millions Ahead Of Tax DeadlineFebruary 9, 2026 - 10:16 pmAccording to an official press release, the IRS urges taxpayers to create an Individual Online Account to securely access tax information and reduce the risk of identity theft. The account will also make managing federal taxes easier while saving time by reducing the need to call the agency.
Trump’s Tax Cuts: What Will Be Different When You File Taxes In 2026?February 2, 2026 - 7:32 pmAlthough many of the changes take effect in 2026, taxpayers will already notice meaningful differences when filing their 2025 tax returns. You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.
12 Tax Strategies Every Self-Employed Worker Needs In 2026January 26, 2026 - 5:22 pmFrom freelancers and creatives to skilled tradespeople, real estate agents, and niche consultants, self-employment spans nearly every industry. While working for yourself offers flexibility and opportunity, it also brings financial responsibility—especially when it comes to taxes.
IRS To Begin Accepting Tax Returns On Jan. 26: What Taxpayers Should KnowJanuary 19, 2026 - 7:54 pmAlthough federal tax returns are due April 15, taxpayers eager for their refunds can begin filing federal income tax returns on Jan. 26, 2026. Several major tax changes will affect the 2025 returns following the passage of Republicans’ “Big, Beautiful Bill Act”.
Worried You’ll Owe the IRS Taxes On Your 2022 Return? Three Moves To Make Now
Worried about getting stuck with a huge tax bill when you file your 2022 taxes in 2023? The good news is that there are steps you can take to lower your IRS bill for 2022. But you’ll need to make these three moves before the year wraps up. CLICK ON THE HEADLINE FOR MORE
Social Security Administration Making Substantial COLA Increase In 2023, But Is It Enough For Retirees?
The COLA Social Security 8.7% adjustment for 2023 is the highest increase in decades. But some still worry that it may not be enough. While the increase is historic and needed, it is also inadequate for millions of older Americans who face skyrocketing housing and health care costs across the country. CLICK ON THE HEADLINE FOR MORE
Tax Extension Deadline Is Oct. 17: Three Common Errors To Watch Out For, Advisors Warn
If you’re looking to meet the Oct. 17 tax extension deadline, make sure you don’t skip key forms as you’re rushing to the finish line, experts say. CLICK ON THE HEADLINE FOR MORE