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Traditional or Roth? A Fresh Look at Your 2026 Retirement Contributions
Retirement Contributions for 2026: Plan Now, Avoid a Year-End Scramble
Taxpayers Are Turning to IRS Offers in Compromise—but Fewer Are Succeeding
An offer in compromise can give someone with an unmanageable tax debt a path forward. But the latest
Philadelphia’s BIRT Proposal: Small-Business Relief or a Tax-Planning Opportunity?
Philadelphia’s Proposed BIRT Exemption: Small-Business Relief With Two Big Questions Philadelphia’s small businesses need meaningful tax relief. But
When Disaster Hits, Your Records Can Make or Break a Tax Deduction
Disasters can destroy more than property. They can also destroy the records needed to support an insurance claim
The 1099 Reporting Threshold Is Now $2,000: What Small Businesses Should Know for 2026
Small-business owners who pay independent contractors have an important administrative change to keep in mind for 2026: the
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Trips, Clothing, and Celebrity Events: The Profit Test Behind Influencer Tax Deductions
Social-media influencing can be a legitimate business. Income may come from brand partnerships, affiliate links, platform payments, merchandise sales, appearances, subscriptions, consulting,
IRS Collection Backlog Puts High-Priority Nonfiler Cases in the Spotlight
IRS nonfiler cases: Delays and renewed enforcement A recent Treasury Inspector General for Tax Administration (TIGTA) review highlights a significant issue in
IRS Scam Alert: Fake “Digital Asset Portal” and IRS letters to Crypto holders
The IRS is warning taxpayers about fake letters aimed at cryptocurrency holders. The letters claim you must register for an IRS “Digital