Tag: Emerging Regulations

Under the One Big Beautiful Bill Act (OBBBA), a new income tax deduction for qualified tax tips went into effect last year that is set to expire after 2028. The

Now that the April 15 tax deadline has passed, you’ll likely turn your attention to something else. However, it’s important to tie up any tax-related loose ends before you do

Last year’s One Big Beautiful Bill Act (OBBBA) created a new but temporary special depreciation deduction allowance for qualified production property (QPP). Certain manufacturing related real property placed in service

Last year, when the One Big Beautiful Bill Act (OBBBA) was enacted, so were a lot of tax-related provisions that are now affecting 2025 federal income tax return filing. But,

Make sure you don’t miss out on any important tax deadlines in 2026. Review this 2026 tax calendar of when various tax related forms, payments, and other actions are due,

A new type of tax advantaged account for eligible children has been created under the One Big Beautiful Bill Act (OBBBA). Known as “Trump Accounts,” Section 530A accounts can be

The One Big Beautiful Bill Act (OBBBA) allows new income tax deductions from 2025 through 2028 for qualified cash tips and overtime pay. If this applies to you, you may

The IRS has issued its 2026 inflation adjusted retirement plan contribution limits with Notice 2025-67. Most retirement plan related limits are set to increase for 2026, though the changes are

The One Big Beautiful Bill Act (OBBBA) has significant implications for the most tried and true tax reduction measures and has shifted the landscape for year-end tax planning. A big

As year-end approaches, many taxpayers seek last-minute opportunities to reduce their federal income tax liability. This year, tax planning is further complicated by the recently enacted One Big Beautiful Bill