Generous Transition Relief Eases Auto Loan Interest Reporting

he IRS on October 21 issued transitional relief (Notice 2025-57) to substantially reduce the...

Small Business Owners: Leveraging the One Big Beautiful Bill for Strategic Growth

The One Big Beautiful Bill Act introduces significant tax reforms designed to promote small...

Pass-Through Entity Tax Elections: Beating the SALT Cap

One of the most impactful changes from the Tax Cuts and Jobs Act (TCJA) was the limitation of state...

IRS Drafts Revision to Form W-9 for Taxpayer Identification Number Requests

The IRS has released a draft Form W-9, Request for Taxpayer Identification Number and...

IRS Releases Critical Guidance on Calculating Tips and Overtime Deductions for 2025

The One Big Beautiful Bill Act (OBBBA) creates new income tax deductions for tax years 2025 through...

The Real Deal on Property Tax Appeals and Federal Tax Changes: Insights from McGuire Sponsel

On a recent episode of the Real Estate Tax Playbook podcast, I had the pleasure of hosting not one,...

Qualified Small Business Stock: Enhanced and Here to Stay

Business owners planning an eventual exit have a powerful tax tool that just got significantly...

Ready to Grow Your Nest Egg? The IRS Releases 2026 Retirement Plan Contribution Limits

With Notice 2025–67, the IRS has issued its 2026 inflation-adjusted retirement plan contribution...

Recent Tax Legislative Updates: What Colleges and Universities Need to Know

After spending considerable time discussing the intricacies of Unrelated Business Income Tax, I...

Minimize Your Business’s 2025 Federal Taxes by Implementing Year-End Tax Planning Strategies

The One Big Beautiful Bill Act (OBBBA) shifts the landscape for year-end tax planning. The law has...