OBBBA’s New 1099 Filing Rules
Filing tax forms is never fun—but it’s important to stay ahead of changes that can reduce your reporting burden. If your business pays independent contractors
OBBBA Charitable Giving Shake-Up: Winners and Losers
Do you contribute to charitable organizations? If so, recent legislation—the OBBBA—includes significant changes to the tax treatment of charitable donations, starting in 2026. Some are
OBBBA: Convert Personal Vehicle to Business, Deduct Up to 100%
Do you have a personal vehicle? Thanks to the One Big Beautiful Bill Act (OBBBA), you may be eligible for a valuable “no new cash
OBBBA Enhances Your SALT Deductions
If the $10,000 cap on state and local tax (SALT) deductions limits your write-offs, here’s good news: the OBBBA temporarily increases the cap starting in
OBBBA Adds a Possible Senior Tax Deduction (Ages 65 and Older)
If you will be age 65 or older on December 31, 2025, you have a new opportunity for tax savings. The OBBBA created a new
Life Insurance: You Don’t Have to Die to Collect
Could you use a quick infusion of tax-free cash? Your life insurance policy may provide one. And you don’t have to die to collect. To
Why Landlords Should File Form 1099-NEC
If you own rental property, you may have heard that you’re not required to file Form 1099-NEC for contractors, such as plumbers or handymen. While
Personal Vehicle Used for Business Can Produce a Big Surprise Deduction
If you’ve used your personal vehicle for business—whether you’re a sole proprietor or you received mileage reimbursement from your S or C corporation—there may be
Turn Your Corporate Vehicle into a Tax-Smart Asset
If your S or C corporation owns a vehicle that you also use personally, there are important tax rules you need to follow—and smart planning