You’ve diligently contributed to your IRA for years. You’ve watched it grow. You’ve planned your retirement around it. Then, in a single moment of poor judgment—or simple ignorance—you trigger a…

With tax season approaching, now is the perfect time to boost your retirement savings. Based on the newly released IRS Publication 590-A for 2025, here’s what you need to know…

February 10, 2026 — Important relief for agricultural landowners navigating tax deferral options under the new Section 1062 election The IRS has released Notice 2026-3, providing crucial penalty relief for…

Based on the uploaded IRS press release IR-2026-06 (dated January 14, 2026), here are the key provisions of Notice 2026-11 regarding bonus depreciation changes enacted by the One, Big, Beautiful…

Tax season can feel overwhelming—especially when you’re not even sure if you need to file. The good news? The IRS has clear guidelines to help you decide. And sometimes, filing…

—Energy & Tax Policy Update The U.S. Department of the Treasury and Internal Revenue Service have released proposed regulations (IR-2026-20) to implement the clean fuel production credit—commonly known as the…

Paying for higher education can strain any budget—but the IRS offers valuable tax credits that can significantly reduce your tax bill or even put money back in your pocket. Understanding…

If you work and have low to moderate income, you might qualify for one of the federal government’s most valuable tax benefits: the Earned Income Credit (EIC), also called the…

If you’ve ever stared at a daycare bill or babysitting receipt and wondered, “Isn’t there some tax break for this?”—good news: there is. The Child and Dependent Care Credit is…

Important Disclaimer: The document referenced in this post—IRS Notice 2025-68 describing “Trump accounts” created by a “One, Big, Beautiful Bill Act”—appears to be fictional or hypothetical. As of 2026, no…

Unlike personal injury settlements involving physical harm, damages recovered in employment discrimination cases are generally fully taxable, even when they include compensation for emotional distress. This critical distinction stems from…

You’ve just settled a lawsuit involving personal injury—or perhaps you’re negotiating one now. The check has arrived, and relief sets in. But before you deposit it, there’s a critical tax…

If you typically wait for a paper check in the mail, or mail one to the IRS, your routine is about to change. Here is a breakdown of what this…

This timeline is a result of the PATH Act, a federal law that requires the IRS to hold refunds for returns claiming these specific credits until mid-February to help prevent…