You know your 2025 federal income tax return is due April 15, 2026. But do you know what else has an April 15 deadline? If
- Individual Tax Alerts
CategoryIndividual Tax Alerts
The many tax-related provisions that went into effect last year after the One Big Beautiful Bill Act (OBBBA) was signed into law are affecting 2025
- Individual Tax Alerts
Raising a family comes with plenty of expenses, but it may also make you eligible for various tax breaks. Some of the most valuable are
- Individual Tax Alerts
An important decision to make when filing your individual income tax return is whether to claim the standard deduction or itemize deductions. A change under
- Individual Tax Alerts
If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you made last year. But your
- Individual Tax Alerts
A new tax-advantaged way to help children build up savings for the future was created by the One Big Beautiful Bill Act (OBBBA): Trump Accounts
- Individual Tax Alerts, Tax Info
The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the same time as when the
- Individual Tax Alerts
Every year, severe storms, flooding, wildfires and other disasters affect millions of taxpayers. Many experience casualty losses from damage to their homes or personal property.
- Individual Tax Alerts
Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional changes are
- Individual Tax Alerts, Tax Info
The One Big Beautiful Bill Act (OBBBA) creates a new type of tax-advantaged account for eligible children. Section 530A accounts, also known as “Trump accounts,”
- Individual Tax Alerts, Tax Info
Beginning in 2026, individuals who itemize deductions and donate to charity will face a new limit on their charitable deductions. And in some cases, they’ll
- Individual Tax Alerts, Tax Info
The One Big Beautiful Bill Act (OBBBA) creates new income tax deductions for tax years 2025 through 2028 for qualified cash tips and overtime compensation.
- Emerging Tax and Regulations Alert, Individual Tax Alerts