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Understanding the New Schedule 1-A: How to Claim Tips, Overtime, and Car Interest Deductions in 2026
Starting with the 2026 tax year, the IRS will introduce
Trump Proposes New Tax Hike on High-Income Earners
President Trump has publicly supported a Federal tax increase to 39.6% (currently, 37%) on the wealthiest Americans. The
FinCen can require reporting transactions over $200 using a GTO directive
If you read our blog, you might be already familiar the Financial Crimes Enforcement Network (FinCen) and some
Over 5 million Americans to have wages garnished due to student debt
Last month, the U.S Department of Education released a press release to indicate how they would target the
IRS Whistleblower Office released the first multi-year operating plan
In the IRS IR-2025-53 released mid April 2025, the IRS provided details on the multiyear strategy. Per the
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How to Maximize Your Social Security in 2025: Timing, Taxes, and Strategic Decisions
Deciding when to start receiving Social Security benefits is one of the most impactful choices you'll make in retirement planning—and 2025 brings
Federal Payments Are Going Fully Digital
A new Executive Order signed by President Trump on March 25, 2025 requires every federal agency to stop issuing and accepting paper
Tax Court Disallows Real Estate Professional Status Due to Insufficient Hours
From a tax point of view, Real Estate investments can have significant tax advantages if you meet the real estate professional requirement