Tax Tips & More
OBBBA: No Tax on Overtime? Not Really, But We’ll Take It!
Do you regularly earn overtime pay? If so, the One Big Beautiful Bill Act (OBBBA) may help lower your federal income tax bill.
OBBBA’s New Trump Accounts: How to Win
The One Big Beautiful Bill Act (OBBBA) introduced a brand-new savings vehicle: Trump Accounts. At first glance, they appear to be traditional IRAs, but they come with special rules for beneficiaries under the age of 18. Used wisely, they can provide a powerful head start on your child’s financial future.
The OBBBA Increases the Tax Benefits of Employing Your Child
If you own a business and have children, the One Big Beautiful Bill Act (OBBBA) just made the popular “hire your child” tax strategy even more attractive starting in 2025.
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.
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.
Is This Your Last Chance to Claim the Solar Tax Credit?
If you’re considering solar panels or other renewable energy upgrades, this may be the last chance to take full advantage of the 30 percent Residential Clean Energy Credit (RCEC).
Best Practices When E-Filing Returns
Avoid future problems by following these best practices for e-filing.
Common Mistakes in Tax Preparation
Avoid errors that can occur when preparing tax returns by learning these common mistakes.
What Are Your Chances of Being Audited?
These red flags could increase your chances of the IRS selecting your return for audit.
September 2025 Tax Due Dates
September 10: Tips for August 2025 reported to employer
September 15: Estimated tax payment for third quarter of 2025
October 2025 Tax Due Dates
October 10: Tips for September 2025 reported to employer
October 15: File extended 2024 tax return (Form 1040)
October 15: Withdraw excess IRA contributions in 2024 to avoid penalty if filing of Form 1040 was extended
October 15: Contribute to solo 401(k) plan or simplified employee pension (SEP) plan for 2024 by self-employed if you received a filing extension
November 2025 Tax Due Dates
November 10: Tips for October 2025 reported to employer