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For the 2025 tax-filing season, the standard deduction and federal tax brackets have been updated — thanks to inflation adjustments and changes under the One Big Beautiful Bill Act (OBBB)

New federal law — under the One Big Beautiful Bill Act (OBBBA) — introduces important deductions for “qualified tips” and “qualified overtime” compensation from 2025 through 2028

Planning for retirement means more than just saving — it means maximizing contributions to take advantage of tax benefits, long-term growth, and compounding returns.

The Internal Revenue Service (IRS) recently released guidance explaining how employees can claim 2025 tax-year deductions for qualified tips and qualified overtime compensation

The IRS has released updated 2025 guidance on how employees can claim tip deductions, overtime deductions, and related payroll adjustments

The IRS is launching a major enforcement campaign against a widely used crypto “tax cheat” starting with the 2025 filing year, increasing scrutiny on digital asset transactions

Charitable giving is a cornerstone of many tax-planning strategies — but with the passage of OBBBA, the landscape for deductions tied to philanthropy is shifting

The line has been raised. For 2026, the Internal Revenue Service (IRS) has increased the contribution ceilings for both workplace retirement plans and individual retirement accounts

The IRS has announced new reporting relief for employers on tips and overtime wages, confirming that no penalties will apply for Tax Year 2025 as businesses transition into updated reporting requirements