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.
April 2026 Tax Due Dates
April 1: First required minimum distribution (RMD) by individuals who turned 73 in 2025
April 10: Tips for March 2026 reported to employer
April 15: 2025 tax return and pay tax due
April 15: File Form 4868 to request six-month income tax return filing extension (payment of tax not extended)
April 15: File Schedule H (1040) and pay employment taxes for household employees (file separately if Form 1040 is not filed)
April 15: Estimated tax payment for first quarter of 2026
April 15: Contribute to individual retirement account (IRA) for 2025
April 15: Withdraw excess IRA contributions in 2025 to avoid penalty if filing of form 1040 was not extended
April 15: Contribute to health savings account (HSA) for 2025
April 15: Contribute to solo 401(k) plan or simplified employee pension (SEP) plan for 2025 by self-employed if filing of form 1040 was not extended
April 15: File 2022 tax return (Form 1040) to request unclaimed tax refund for the 2022 tax year
May 2026 Tax Due Dates
May 11: Tips for April 2026 reported to employer (Form 4070)
May 15: Deadline for certain tax-exempt organizations on a calendar-year basis to file Form 990 series
June 2026 Tax Due Dates
June 10: Tips for May 2026 reported to employer
June 15: Estimated tax payment for 2nd quarter of 2026
June 15: U.S. taxpayers living and working abroad file 2025 tax return
June 15: U.S. taxpayers living and working abroad file Form 4868 to request four-month income tax return filing extension (payment of tax not extended)
June 15: Military personnel on duty outside the U.S. file 2025 tax return
June 15: Military personnel on duty outside the U.S. file Form 4868 to request four-month income tax return filing extension (payment of tax not extended)