Crypto Crackdown: Tighter Tax Rules coming in 2026
The cryptocurrency market is set to face tighter regulations starting in 2026. The U.S. Treasury Department has announced that...
Supreme Court Upholds Trump-Era Tax Law
In a significant decision, the United States Supreme Court has upheld a provision of the 2017 tax law that could impact your taxes. In...
IRS Closing Loopholes for Partnerships
The IRS has unveiled a comprehensive plan to prevent businesses and wealthy individuals from manipulating asset values to reduce tax...
Traveling Smart: The Tax Benefits Hidden in Your Business Expenses
Are you frequently hitting the road (or the skies) for work this summer? If so, you might be able to deduct these travel expenses from...
Sun, Fun, and Taxes: How Your Summer Activities Might Heat Up Next Year's Tax Return
Summer is typically a time for relaxation, vacations, and enjoying the sunny weather. However, it's also an excellent opportunity to...
Taxpayers Beware of OIC Mills
Taxpayers should be vigilant about companies operating "OIC mills." The Offer in Compromise (OIC) program is an excellent option for...
Home Renovations Can Qualify for Tax Credits
If you are a homeowner who has invested in making your home more energy efficient, you may be eligible for valuable tax credits to help...
Fake Charity Tax Scams
In times of disaster, the average taxpayer must be vigilant against fake charities. It is natural for people to want to donate to help...
What to Do with Taxes When Disaster Strikes?
When a disaster like a tornado strikes during tax season, the IRS can authorize tax relief for the victims. The process begins with a...
Taxpayers Abroad Approaching June 17 Deadline
If you work or live outside the U.S., you have until June 17 to file your income tax return with the IRS. This deadline applies to U.S....