Happy New Year! "One Big Beautiful Bill Act" (OBBBA), signed in July 2025, which made many existing tax provisions permanent and introduced several new, temporary deductions and adjustments. Key Take Aways: SALT Cap increased to $40K from $10K, Seniors get an...

Should I be an Independent Contractor or an Employee? What's better? How do I choose? These questions arise (or the decision is made for you) when you start a new gig. For most workers, the answer is simple; you're an Employee. The good news about this arrangement...

Many people ask me if they can take a "home office" deduction on their tax returns and here's the answer. If you are a sole proprietor or landlord, you can take a deduction for using a portion of your home against your business earnings on your tax returns. If you are...

There are late changes to the 2023 tax law which propose to help families who are filing their 2023 tax returns but the legislation hasn't become law yet. The Tax Relief for American Families and Workers Act is a retroactive tax law change that provides only two...