Tax

If you deferred capital gains by investing in a Qualified Opportunity Fund (QOF), you will likely have to report and pay tax on those gains for 2026, even if you keep your investment

The IRS is moving toward an all-electronic payment system and has released guidance on how the transition may affect taxpayers

The tax treatment of employer-provided meals changed beginning in 2026, introducing new limits on the deductibility of certain workplace meals

Recent legislation has introduced a new savings vehicle for children known as the Trump Account, leading families to ask how it compares with established tools such as 529 college savings plans and traditional retirement accounts

The Internal Revenue Service Math and Taxpayer Help Act (the IRS Math Act) is now law, fundamentally reforming how the IRS communicates simple tax errors to millions of Americans

The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, fundamentally transforms the Opportunity Zone (OZ) landscape

The IRS officially begins accepting and processing 2025 tax returns on January 26, 2026

For 2026, the IRS has increased the business mileage rate to 72.5 cents per mile, a 2.5-cent jump from 2025

The IRS has officially increased the 401(k) and IRA contribution limits for 2026, providing savers with a larger window for tax-advantaged growth