Quadrupled SALT deduction limit means more taxpayers will benefit from itemizing on their 2025 returns
March 9, 2026
If you have high state and local tax expenses but have been claiming the standard deduction in recent years, it’s time to revisit itemizing.
If you’re married, should you file jointly or separately?
March 3, 2026
Typically, filing jointly will save taxes for married couples compared to filing separately. But that isn’t always the case. And sometimes it may make sense to file separately even if it won’t save taxes for the couple overall.
Some small businesses can still benefit from the health care coverage credit
March 2, 2026
Although the tax credit for providing health coverage to employees has been available for more than a decade and generally can be claimed for only two years, some small businesses may still be eligible.
Before claiming a charitable deduction for 2025, make sure you can substantiate it
February 19, 2026
Charitable donations can be a powerful tax saver for anyone who itemizes deductions. But you must comply with many rules, including obtaining proper substantiation for your gifts.
Increase your current business deductions under tangible property safe harbors
February 18, 2026
If in 2025 your business made building or equipment repairs or performed routine maintenance on vehicles or machinery, a safe harbor may allow you to claim valuable tax deductions.
How the new Trump Accounts for children will work
February 10, 2026
If your baby is eligible for a $1,000 free government contribution, you’ll want to set up a Trump Account. These new accounts also can be beneficial for older children. Here’s what you need to know.
