News

DIY vs. professional tax resolution: Which one is right for you?
Not sure if a DIY or professional tax resolution is more appropriate for your situation? Here's what to consider.
Senate Republicans block attempt to roll back massive tax hike on professional gamblers
Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...
Final Tax Reform Bill Preserves SALT And PTET Deductions For Traders And Professionals
Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...
Bettors sound alarm over $1.1B tax hike in Trump’s Big Beautiful Bill: ‘This will kill professional gambling’
Gamblers sounded the alarm over a new provision in President Donald Trump’s recently passed spending bill that imposes a $1.1 ...
What does Big Beautiful Bill mean for your tax return?
WASHINGTON (Gray DC) - With the stroke of a pen, President Trump overhauled large portions of the tax code. But the changes ...
What Will I Pay for Tax Preparation Fees?
The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...
These Republican senators didn’t know they voted for gambling tax in ‘Big Beautiful Bill’
The provision tucked into the “Big Beautiful Bill” limits tax deductions for gambling losses, while still requiring ...
Small Business And Gig Workers Score A 23% Tax Break Under New Law
Freelancing can be notoriously difficult, but a new tax break might make things easier— that is, if you’re already wildly ...