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Laptop on desk, alarm clock, coffee cup, sticky note, Text: Tax Time,
01.20.26

Tax Filing FAQs for Individuals

Articles
Individual Tax & Planning

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 agency began accepting and processing...

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2026 desk calendar, Wooden blocks with the word TAX and stack of coins. The concept about saving money and manage time to paying tax in year 2026
01.19.26

2026 Tax Calendar

Articles
Business Owners
Families
Individual Tax & Planning
Business Tax

To help make sure you don’t miss any important 2026 deadlines, we’re providing this summary of when various tax-related forms, payments and other actions are due. Please review the calendar...

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Calendar page that states March 16, text that says pass-through 2025 return deadline
01.14.26

Tax Filing Update for Pass-Through Entities

Articles
Business Owners
Business Tax

Do you operate a business as a partnership, a limited liability company (LLC) treated as a partnership for tax purposes or an S corporation? In tax lingo, these are called “pass-through”...

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Animated Medical clip board, coins and cash, Heart
01.13.26

When Medical Expenses Are — and Aren’t — Tax Deductible

Articles
Individual Tax & Planning

If you had significant medical expenses last year, you may be wondering what you can deduct on your 2025 income tax return. Income-based thresholds and other rules can make it...

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Illustrations of 3 houses, tornado, fire, flood
01.07.26

If You Suffered a Disaster, You May be Eligible for a Casualty Loss Tax Deduction

Articles
Individual Tax & Planning

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. The One Big Beautiful Bill...

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Car rear view mirror inside the car that says 2025.
01.05.26

Not All “Business” Expenses are Tax Deductible

Articles
Business Owners
Business Tax

With 2025 in the rear view mirror and the tax filing deadline on the road ahead, it’s a good time for businesses to start gathering information about their deductible expenses...

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Man sitting in wheel chair with laptop, home office setting
12.23.25

More Individuals With Disabilities Will Be Eligible for Tax-Advantaged ABLE Accounts in 2026

Articles
Individual Tax & Planning

Did you know there’s a tax-advantaged way to save for the expenses of a person with a disability that’s similar to saving for college expenses with a Section 529 plan?...

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Businessman holding a shield in his hand to mean protecting data or assets from damage or theft or cyber threats
12.22.25

Avoiding Inadvertent S Corp Termination

Articles
Business Owners
Business Tax

S corporation structure provides most of the tax benefits of a partnership plus the liability protection of a corporation. But because of the strict requirements that apply to these entities,...

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Legalization of cannabis in the United States, the hammer of the judge, the scales of justice, the book with the inscription Law and cannabis leaf lie on the desktop of the judge on the background
12.19.25

Marijuana Rescheduling and IRC 280E: What Cannabis Operators Need to Know

Articles
Cannabis

On December 18, 2025, President Trump signed an executive order. It directed the Department of Justice to expedite rescheduling marijuana from Schedule I to Schedule III under the Controlled Substances...

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Miniature,People,Painting,Colorful,2026,Numbers,,,New,Year,Creative concept
12.17.25

Significant Changes to Information Reporting Go into Effect for the 2026 Tax Year

Articles
Business Owners
Business Tax

If your business has employees or uses independent contractors, you have associated annual information reporting obligations. The One Big Beautiful Bill Act (OBBBA) makes changes impacting these rules, but not...

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