Expert Perspectives

Federal officials reported that more than 53 million individual tax return filers claimed at least one of the new tax benefits created by the One Big Beautiful Bill Act (OBBBA) enacted in mid‑2025. Treasury and IRS statistics released around Tax […]

Article Highlights: The 2026 “Dead Zone” vs. the OBBBA Era Why Waiting Until 2027 Matters Unpacking the OBBBA Tax Benefits Rolling Gain Deferral The 10% (or 30%) Basis Step-Up Tax-Free Appreciation (the 10-Year Rule) What Gains Qualify and How Much […]

Article Highlights: Pass-through Entity Elective Tax OBBBA’s Increased SALT Limits How PTET Works (The Basic Concept) Eligible Pass-through Entities How PTET Stacks Up Given Recent Federal SALT Law Changes Final Thoughts and Recommendations If you pay substantial state and local […]

Article Highlights: Filing due date Balance due payments Contributions to a Roth or traditional IRA Individual refund claims for tax year 2022 Filing extension Foreign Bank and Financial Accounts Report (FBAR) Estimated tax payments for the first quarter of 2026 […]

Article Highlights: Employees Self-Employed Individuals Periodic Payments Underpayment Penalty Safe Harbor Payments Unlike employees, who have income, Social Security, and Medicare taxes withheld from their wages, self-employed individuals must prepay their taxes by making periodic estimated tax payments. These are […]

Article Highlights: Landmark U.S. Court of Federal Claims Ruling Opens the Possibility of Penalty and Interest Refunds What This Means for Taxpayers Key Actions for Affected Taxpayers Filing a Protective Claim Deadlines and Expiration Preparing Your Next Steps If you […]

Article Highlights: Awareness Seniors Are Frequent Targets How to Spot a Scam Common Phishing Emails Common Smishing Texts How to Protect Yourself Social Media Tax season is a busy time for taxpayers. It is also a busy time for criminals […]