IRS lays out framework for employer-sponsored TACPs
February 3, 2026
Employers: Trump Account Contribution Programs (TACPs) are a brand-new benefit that your employees may value. Regulations are still forthcoming, but recent IRS guidance provides some clues on how they’ll work.
When medical expenses are — and aren’t — tax deductible
January 28, 2026
Now is a good time to review your medical expenses for 2025 and see if you had enough so you can claim the medical expense deduction. But first you need to know what’s potentially deductible.
If you suffered a disaster, you may be eligible for a casualty loss tax deduction
January 22, 2026
Can you claim a personal casualty loss deduction on your 2025 income tax return?
IRS guidance addresses expanded HSA eligibility
January 21, 2026
Employers: Does your organization sponsor a high-deductible health plan with Health Savings Accounts? If so, be sure to review recent IRS guidance on expanded eligibility for 2026.
Not all “business” expenses are tax deductible
January 19, 2026
As you look back to 2025 to determine what business expenses you can write off on your tax return, keep in mind the “ordinary and necessary” rule.
A new year means new tax figures for individuals
January 16, 2026
For 2026, the standard deduction, most retirement contribution limits and the gift and estate tax exemption are increasing. Other important tax figures for individuals are also changing.
