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.
Important 2026 tax figures for businesses
January 15, 2026
Many, but not all, tax-related figures for businesses and their owners will increase for 2026, impacting your tax planning.
More individuals with disabilities will be eligible for tax-advantaged ABLE accounts in 2026
January 9, 2026
If you or someone in your family became disabled or blind after turning 26 but before age 46, the expansion of ABLE account eligibility in 2026 provides a new opportunity for tax-advantaged savings.
Avoiding inadvertent S corp termination
January 8, 2026
Termination of S corporation status generally will result in the loss of substantial tax benefits. But there are steps you can take to protect S status.
Changes to charitable donation deductions are on the horizon
January 7, 2026
New tax law provisions for deducting charitable donations go into effect in 2026. Find out how you’ll be affected.
