New Trump Account Updates
Category Archives: Tax and Financial News
New Trump Account Updates
Picture two couples, each with a baby born this year, each routing $2,500 of salary into that child’s Trump Account through an employer’s payroll system. One couple sits in the 35% bracket. The other, at roughly $65,000… Continue reading
IRS Raises Mileage Rates Midyear: What You Need to Know
For the first time since 2022, the IRS is changing standard mileage rates in the middle of the tax year. If you track business, medical or moving miles, this matters. Starting July 1, 2026, the numbers go up, and your recordkeeping needs… Continue reading
Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases Equity
A county in Michigan was owed about $2,200 in back taxes. To collect it, the government took a home worth close to $200,000, auctioned it for a fraction of that, and called the matter settled. The family is now putting a simple… Continue reading
The IRS Could Owe You Money Thanks to a Pandemic-Era Court Ruling
IRS Could Owe You Money, COVID Court Ruling Continue reading
Tax Considerations for Data Center Projects in the Age of AI
🖨 Print⏱ 4 min read Artificial intelligence is driving an unprecedented surge in data center construction. Developers, private equity sponsors and their tax advisors are navigating a complicated web of questions that touch everything from ownership structure to site selection … Continue reading
Filing Your 2026 Tax Return? The Stakes Just Got Higher
🖨 Print⏱ 4 min read Picture two things happening at the same time. The agency responsible for reviewing your tax return is understaffed and buried under a backlog, and the software that the agency uses to catch filing errors just … Continue reading
Filing Your 2025 Taxes? Why Accuracy Matters More Than Ever This Year
Filing Your 2025 Taxes? Continue reading
What to Expect from U.S. Tax Policy in 2026
What to Expect from U.S. Tax Policy in 2026 Continue reading
What Families Need to Know About the New Trump Accounts
🖨 Print⏱ 4 min read American parents now have access to a completely new savings tool designed to give children a financial foundation for the future. Established through The One Big Beautiful Bill Act, these accounts carry the name of … Continue reading
Seven Tax Moves to Make Before 2025 Ends – Year-End Tax Planning
Tax Planning 2025, Year-end tax planning 2025 Continue reading
