IRS Announces Opening Day for Tax Filing and Possible Bigger Refunds
The IRS has announced that the 2026 tax filing season will begin on January 26, 2026. This is the first…
A Simple Guide to Deducting Equipment, Tools, and Vehicles for Your Small Business
A lot of small business owners buy equipment, tools, or software and assume it all gets written off right away.…
Tax Planning Tips for People With Side Gigs
Having a side gig is great, but the tax part can sneak up on people. When you work for yourself,…
California Grants Veterans New Tax Break on Military Pensions
California has approved a new rule that will help retired military veterans and their families save money. Starting in 2025,…
5 Things Every Taxpayer Should Know About Tax Fraud
Tax fraud happens when a person or a business knowingly gives false information to the IRS. The key part is…
Why Stanford Must Pay Over $200 Million a Year in New Taxes
For years, private universities like Stanford with large endowments paid a small tax of 1.4% on the money their investments…
IRS Plans Faster Business Audits Starting in 2025
Starting in 2025, the IRS will change how it handles audits for businesses. Right now, the audit process is slow,…
Big Cuts to IRS Make It Easier for the Rich to Dodge Taxes
Under former President Trump, the IRS lost about 25% of its total staff, roughly 26,000 workers. The number of full-time…
Federal Cuts Threaten California’s Solar and Wind Projects
California’s solar and wind energy projects are facing tough new challenges because of recent changes made by the federal government.…
California Approves $750M Tax Credit to Keep Film and TV Jobs Local
California lawmakers just passed a bill that increases the state’s film and TV production tax credit from $330 million to…
The Most Common Tax Filing Mistakes (And How to Avoid Them)
Filing taxes can be confusing, and even a small mistake can lead to delays, penalties, or extra stress. Here are…
How U.S. States Support Veterans with Tax Breaks
Many U.S. states and territories offer special tax breaks to Veterans, their families, and survivors. Whether you’re a Veteran, a…