Tax Strategy Resources

Beginning in July 2026, employers may be able to contribute up to $2,500 annually to eligible Trump Accounts on a tax-advantaged basis through a Trump Account C...

A recent federal court decision may create refund opportunities for taxpayers who paid certain IRS penalties or interest connected with the COVID-19 period. In ...

Privately held manufacturers may benefit from the temporary increase to the limit on the federal income tax deduction for state and local taxes (SALT). HereR...

As businesses grow, they may decide to operate in different states or countries using related entities. This may involve a parent and subsidiary arrangement or ...

Some taxpayers have recently received an IRS CP53E notice. In many cases, the notice is legitimate. In others, it may have been sent by mistake—or could even ...

The One Big Beautiful Bill Act (OBBBA), enacted in 2025, made permanent the federal income tax deduction for qualified business income (QBI). This break was ori...

Many parents are surprised to learn that their children who are minors or college students — and still claimed as dependents — may be required to file their...

Every year, the amounts allowed for various federal tax benefits are subject to inflation adjustments and legislative changes. The following list provides some ...

Does your company need to upgrade or add any equipment, vehicles, leasehold improvements or other fixed assets? If so, you might be evaluating whether it makes ...