Will the limits on state and local tax deductions finally be ended in 2025? Trump says yes.
Finally, the long-sought lifting of the cap on state and local tax deductions seems to have the support it needs in Congress. Read More
Partner Terms of Services (TOS)
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BOI Reporting aka Ping Pong
While you as a business owner or as a CPA/EA, your clients, operate with integrity, you or they nevertheless will likely have to file with FinCEN. Ignoring the new reporting requirements is not an option—staying current on these changes is key to navigating this new landscape successfully. Read More
Evolving Wealth Management: AI-Driven Tax Diagnostics are Changing the Game
Discover how AI-driven tax diagnostics are revolutionizing wealth management by offering unprecedented insights and precision. Delve into the future of finance, where intelligent algorithms optimize tax strategies, enhance portfolio performance, and unlock new avenues for maximizing wealth in ways you never imagined possible. Read More
AI and Taxes: Finding Cap Gains Tax Reduction Through Hidden Tax Code Incentives
Dive deep into expert strategies that can transform your financial game plan, helping you retain more of your hard-earned wealth by unveiling the overlooked tax breaks designed to slash your capital gains. Read More
UPDATE: FinCEN BOI Reporting NOW ON HOLD
The Fifth Circuit Court of Appeals has vacated its stay, placing the FinCEN BOI filing requirements back on hold. Read More
FinCEN BOI Report Date Now January 13
The Fifth Circuit Court of Appeals immediately reinstated FinCEN BOI filing requirements. But there’s good news—later yesterday, the Treasury Department extended key deadlines to allow more time for compliance. Read More
How 2026 Tax Brackets Would Change if the TCJA Expires
American taxpayers are scheduled to see tax hikes when the temporary tax cuts from the 2017 Tax Cuts and Jobs Act (TCJA) sunset after 2025. Read More
Lines May Blur When it Comes to Estate and Family Business Succession Planning
If you own a closely held business with your relatives involved, and don’t take the proper estate planning steps to ensure that it lives on after you’re gone, you may be placing your family at financial risk. Read More
White House releases fiscal year 2025 proposed budget
President Joe Biden’s proposed FY 2025 budget unlikely to spur action in current Congress but will set course for tax policy discussion Read More
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