What to know about the increased SALT deduction, the new tax break for seniors and other provisions that kick in for your next return.
The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules apply to many tax breaks.
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Gift tax limits, exclusions, and rules for 2026
Most people won’t owe gift tax in 2025 or 2026. Learn the annual limits, lifetime exemption, when Form 709 is required, and ...
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New tax rules may increase your refund but complicate filing
The One Big Beautiful Bill Act brings major tax changes in 2026, increasing deductions and credits that could boost average ...
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IRS releases new 45Z clean fuel tax credit rules
The IRS and Treasury have released proposed rules for the 45Z clean fuel production tax credit, outlining eligibility and calculation requirements through 2029.
Learn how to deposit withheld payroll taxes correctly with IRS Notice 931. Follow required schedules and understand penalties to stay compliant with federal tax law.
The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.
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