News

GOP Senators Had No Idea They Voted For Controversial Gambling Tax
Under the new law, gamblers will be allowed to deduct just 90% of their losses from their income taxes starting in 2026.
Where does Trump's approval rating stand after tax bill passes? See the polls
Here’s what polls showed of Trump's approval rating after the president’s mega tax and spending bill was passed by Congress ...
Running a small business with tax debt? Here are the relief options that can help.
Certain tax relief strategies can help small business owners resolve IRS debt without having to close, experts say.
Automakers push EV sales as $7,500 US tax credit is set to end
Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall.
What is the tax break for Illinoisans who earn tips or overtime? Here's the math
If you earned tips or overtime, you won't see any difference in your wallet until next year, as a tax deduction.
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.
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The Impact Of The New Tax Bill On Hollywood
The new tax bill has several provisions that impact Hollywood, summarized below: ...
The SALT deduction is now much more generous. Here’s how to get the most out of the tax break.
A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce ...