How OBBBA changes the educators tax deduction in 2026
As teachers spend more of their own money on classroom supplies, the One Big Beautiful Bill Act is removing the ...
Thursday, July 9, 2026
Tag: Deduction
Breaking down the new Social Security tax deduction
Answers to frequently asked questions about the new senior tax deduction and how it affects tax planning in the coming ...
Here’s How Much Your Standard Deduction Just Increased
The federal government regularly adjusts everything from Social Security benefits to retirement account limits to account for inflation. The same ...
IRS Announces 2026 Income Tax Brackets, Updated Standard Deduction
Each year, the IRS updates common tax provisions, such as income tax brackets and the standard deduction, to ensure the ...
2025 Tax Updates: New Standard Deduction Amounts, Tax Brackets, and More
With a new tax season comes a new set of effective tax rates, standard deduction dollar amounts, and more minor ...
Standard Deduction – Tax Exemption and Deduction
Updated for tax year 2025. Everyone wants to know the magic trick to lower their tax burden when tax season ...
Inside the OBBBA’s deduction for tips
About three or four times a year, a client will offer a tip to Bill Nemeth for his work on ...
The New Tax Deduction for Car Loans Isn’t As Great As It Sounds. Here’s How It Works.
Personal loan interest hasn’t been deductible since the Tax Reform Act of the ’80s. President Donald Trump changed that when ...
Split-Dollar Insurance Failure: Income and No Tax Deduction – Houston Tax Attorneys
Business owners frequently seek ways to maximize tax deductions while providing benefits to key employees. Life insurance arrangements can play ...
Section 179D Tax Deduction Claimed in Final Year – Houston Tax Attorneys
Architects and engineers who design energy-efficient government buildings can qualify for a Section 179D tax deduction. Technically, it is the ...
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