Tax Tips & More
The No Tax on Tips Deduction for 2025
The No Tax on Tips deduction applies retroactively beginning January 1, 2025, and the IRS has designated 2025 as a transition year. As a result, the deduction operates differently for 2025 than for later years.
When Work Clothing is Deductible
Taxpayers often assume that clothing purchased for work qualifies as a tax deduction. The tax law takes a much narrower view.
2025 Last-Minute Year-End Business Tax Deductions You Don’t Want to Miss
If you’re a business owner listen up…below are six powerful and practical tax strategies you can still use before December 31, 2025.
2025 Last-Minute Tax Strategies for Marriage, Kids, and Family
I know that taxes can cause confusion. Here are five strategies to consider as we come to the end of 2025.
2025 Last-Minute Year-End Retirement Deductions
The clock continues to tick. Your retirement is one year closer. You have time before December 31 to take steps that will help you fund the retirement you desire. Here are five things to consider.
OBBBA: What to Know About No Tax on Tips
Congress recently passed the One Big Beautiful Bill Act, or OBBBA, which introduces a new tax deduction for tips beginning in 2025. This provision, called “No Tax on Tips,” sounds broader than it really is.
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.
January 2026 Tax Due Dates
January 12: Tips for December 2025 reported to employer
January 15: 4th Quarter 2025 Estimated Tax Payment due
January 15: Monthly payroll tax deposits for December 2025
January 15: Farmers and fishermen pay estimated tax for 2025
January 31 (Saturday → Due Monday, February 2): W-2 forms due to employees, 1099 forms due to contractors, Copy B of Form 3921 due to employees (for ISO exercises), Form 940 (Federal Unemployment Tax Return) due
February 2026 Tax Due Dates
February 2 : Deadline to file and pay 2025 taxes in full if not making an estimated tax payment in January
February 10: Tips for January 2026 reported to employer
February 16: File Form W-4 to reclaim exemption from withholding for 2026
March 2026 Tax Due Dates
March 2: Farmers and fishermen file 2025 tax return to avoid penalty if estimated tax not paid by January
March 10: Tips for February 2026 reported to employer
March 16: S-Corporations and partnerships file 2025 business tax returns