News
Increase your current business deductions under tangible property safe harbors

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

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.

IRS lays out framework for employer-sponsored TACPs

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

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

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

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.

Previous Next