Category: Individual Taxes
-
A Large Charitable Deduction Does Not Mean You Should Create Income
A big charitable deduction isn’t a coupon you must ‘fill’ by selling appreciated stock. How deduction limits, NIIT, state tax, and IRMAA…
-
Understanding Self-Rentals and Tax Strategies for Business Owners
Many business owners own both their operating business and the building that business operates in. The usual setup is simple: the business…
-
IRS Issues Revenue Ruling on New Tip Deduction: Guidance for Employers
The IRS has now issued Rev. Rul. 2025-18278, giving final clarity on how the new federal deduction for qualified tips (enacted under…
-
2025 Tax Bill or the Big Beautiful Bill: What Small Business Owners Need to Know
2025 Tax Bill Update: What Small Business Owners Need to Know (July Update)Neil Langlois | Business Taxes, CPA and Accounting Industry, Individual…
-
Oregon Tax News: 2023 Kicker Credit Triggered by $5.61 Billion Revenue Surplus
In a delightful turn of events for Oregon taxpayers, the Oregon Office of Economic Analysis (OEA) has recently confirmed a remarkable revenue…