by Paula | Dec 9, 2025 | Uncategorized
Beginning in tax year 2025, the One Big Beautiful Bill Act (OBBBA) introduces a new type of “IRA” called Trump Accounts. These accounts are designed to help children begin building long-term, tax-deferred financial security before they reach adulthood....
by Paula | Dec 9, 2025 | Uncategorized
I used to love David Letterman’s nightly Top 10. This list won’t make the Tonight Show, but if you own a small business I’m hoping you can relate. I didn’t realize how much small business owners have to juggle. There are software decisions,...
by Paula | Dec 6, 2025 | Uncategorized
Many homeowners are racing the clock to take advantage of home energy tax credits expiring in 2025. Under the One Big Beautiful Bill Act (OBBBA), several valuable federal incentives will be repealed or phased out after December 31, 2025. If you’ve been thinking about...
by Paula | Nov 14, 2025 | Uncategorized
What You Need To Know The IRS has officially released the 2026 cost-of-living adjustments (COLAs) for retirement plans—and the news is good for anyone trying to save more for the future. With inflation and higher living costs in mind, the IRS has increased...
by Paula | Oct 31, 2025 | Uncategorized
The IRS announced on Tuesday (in Notice 2025-57) that it’s giving lenders extra time — and penalty relief — as they adjust to new car loan reporting requirements set by a recent tax law. This temporary “transition relief” applies for the 2025 tax year. It’s designed...
by Paula | Oct 30, 2025 | Uncategorized
The U.S. Senate has passed a law called the IRS Math and Taxpayer Help Act. It will go to the Presdent to be signed into law. The new is designed to make it easier for taxpayers to understand and fix mistakes the IRS finds on their tax returns — especially small math...