Category: OBBBA
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7 Surprising Tax Changes in 2026 That Could Save (or Cost) You Thousands – Are You Ready?
It’s January 2026, your first paycheck with new withholding just hit, and millions of Americans are about to feel the impact of the biggest tax overhaul in years. Thanks to IRS inflation adjustments and the new One Big Beautiful Bill (OBBB), your take-home pay, deductions, and planning strategy could look completely different. Some will save…
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2026 Tax Changes: Will the New Standard Deduction Save You Thousands or Leave You Short?
Happy New Year! As we kick off 2026, major tax updates from the IRS inflation adjustments and the One Big Beautiful Bill Act (OBBBA) are now in effect. The headline change? The standard deduction has jumped significantly, potentially putting more money back in your pocket. But is it a game-changer for everyone—or could it fall…
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2026 Tax Changes: How Much More Money Will You Keep This Year?
As we ring in 2026, major updates to the U.S. tax code are kicking in—thanks to IRS inflation adjustments and key provisions from the One Big Beautiful Bill Act (OBBBA). These changes could mean bigger paychecks, larger refunds, and more opportunities to save on taxes. But are you positioned to take full advantage? The standard…
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No Tax on Tips in 2026: Will You Actually Get a Bigger Refund This Year?
One of the most talked-about changes from the One Big Beautiful Bill Act (OBBBA) is the new above-the-line deduction for qualified tips (up to $25,000) and overtime premium pay. For millions of service industry workers, bartenders, drivers, and hourly employees, this could mean real money back in their pockets when filing 2025 taxes in early…
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5 Year-End Tax Moves to Slash Your 2025 Bill Before 2026 Hits
As 2025 draws to a close, the clock is ticking on opportunities to reduce your tax liability for the year. With just days left before December 31, smart, actionable strategies can still make a significant difference—potentially saving you hundreds or even thousands on your 2025 taxes. Thanks to the One Big Beautiful Bill Act (OBBBA),…
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Last Chance: 7 Green Energy Tax Credits Vanishing After December 31, 2025 – Claim Them Now or Lose Thousands Forever
With just days left in 2025, time is running out to claim some of the most generous federal tax credits for green home upgrades and clean energy investments. Thanks to the One Big Beautiful Bill Act signed into law earlier this year, many popular incentives—including those for solar panels, energy-efficient windows, heat pumps, and even…
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Why 2025 Is the Best Year in Decades for Charitable Giving: 5 Strategies to Maximize Deductions Before Dec 31
As the holiday season reaches its peak, many of us feel that familiar pull to give back. Whether it’s writing a check to a favorite nonprofit, dropping toys in a donation bin, or tipping service workers extra generously, December is traditionally the month of giving. But this year is different. Thanks to provisions in the…
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Maximizing Your Home Office Deduction for 2025: Key Rules and Strategies for Self-Employed Workers
With tax season just around the corner on this December 23, 2025, many freelancers, gig workers, and small business owners are reviewing their deductions to minimize what they owe. One of the most powerful—and often underutilized—tax breaks for those working from home is the home office deduction. If you qualify, this can significantly reduce your…
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5 Last-Minute Year-End Tax Moves for 2025 That Could Save You Thousands – Don’t Miss Out Before December 31!
As 2025 draws to a close, the clock is ticking on powerful tax-saving opportunities. With the One Big Beautiful Bill Act (OBBBA) bringing exciting changes like no tax on tips and overtime (for qualifying workers), a boosted SALT deduction cap, and enhanced benefits for seniors, there’s never been a better time to act. But some…
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2025 Child Tax Credit: Boosted to $2,200 Per Child – What Parents Need to Know Now
As we wrap up 2025, families across the U.S. are eyeing their tax returns with anticipation. One of the most valuable perks for parents? The Child Tax Credit (CTC). This year, thanks to recent legislative tweaks, it’s even more generous—but are you positioned to claim the full amount? Imagine slashing your tax bill by thousands…