Tag: Individual Tax

Individuals who itemize deductions and donate to charity will face a new limit beginning in 2026 on their charitable deductions. In some cases, they’ll even face two new limits. However,

You likely have a lot on your plate this time of year – from holiday shopping, to donating to your favorite charities, and planning get togethers with family and friends.

December doesn’t mean its too late to save taxes. Implement these strategies before December 31 to help reduce your 2025 individual tax liability. Defer Income & Accelerate Deductions Pushing income

Now’s a good time to check the balance of your account if you have a flexible spending account (FSA) through your employer to help pay for health or dependent care

In 2026, taxpayers in the top federal income tax bracket will begin to see their itemized deductions reduced. Here are steps you can take now to help mitigate the negative

Considering making financial gifts to loved ones? Do you want to reduce your capital gains tax? If you consider giving appreciated stock instead of cash, you could potentially eliminate all

Are you curious about the tax impact on employees and self-employed individuals is for 2026? Let’s look at the implications of the newly-released 2026 Social Security wage base. FICA Tax

A high-deductible health plan (HDHP) paired with a Health Savings Account (HSA) is a financially smart health care plan that could help you as health care costs continue to increase.

One particular provision of the One Big Beautiful Bill Act (OBBBA) could significantly reduce your 2025 federal income tax liability. If you pay more than $10,000 in state and local

Your primary reason for supporting your favorite charities is probably not because you could save on taxes. However, it is an added benefit. Furthermore, donating appreciated stock instead of cash