News

The recent enactment of the 'One Big Beautiful Bill Act' (OBBBA) by President Trump has sparked significant debate.
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
The megabill that's bound for the president's desk contains tax breaks that could save some Americans - including tipped workers, employees working overtime, car buyers, seniors and certain homeowners ...
Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...
Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...
For the Wabash Valley’s self-employed workers, failing to keep up with estimated tax payments and deductions can lead to more ...
Yes, it’s entirely possible to make more than $100,000 and pay no federal income tax on it. This little trick is completely legal and — incredibly! — the tax code almost seems to encourage you to use ...
Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...
In 2024 (taxes filed in 2025), the state and local income tax deduction allows you to deduct up to $10,000 ($5,000 if married filing separately) for a combination of property taxes and either ...
In Soroban Capital Partners LP v. Commissioner (T.C. Memo 2025-52), the Tax Court held that active limited partners are subject to self-employment tax under §1402 (a) ...
The ‘SALT’ deduction is still in limbo as Senate Republicans unveil key tax details of President Donald Trump’s spending package. Here’s what to know.