TL;DR The One Big Beautiful Bill Act creates four new personal tax deductions for 2025-2028: tips ($25,000 max), overtime ($12,500 max), car loan interest ($10,000 max), and seniors
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Section 179 Tax Deduction for Vehicles Over 6,000 lbs: Complete 2025 Guide After Trump’s Big Beautiful Bill
TL;DR Following the One Big Beautiful Bill Act signed July 4, 2025, Texas small businesses now enjoy unprecedented tax benefits for heavy vehicle purchases. Section 179 expensing caps
How Trump’s One Big Beautiful Bill Transforms Small Business Taxes in 2025
TL;DR Trump’s One Big Beautiful Bill Act, signed July 4, 2025, delivers massive tax savings for Texas small businesses through permanent 20% pass-through deductions, restored 100% bonus depreciation,
The Essential Guide to Delaware Statutory Trusts (DSTs) for Savvy Investors
For many real estate investors, the journey is balancing growth with management burdens and tax implications. Perhaps you’ve built a respectable portfolio but find the day-to-day demands of
Strategies to Lower Your Property Taxes: A Comprehensive Guide for Homeowners and Businesses
Property taxes. These two words represent a significant, recurring expense for homeowners and business property owners alike. While essential for funding vital local services, such as schools, roads,
Requirements of Real Estate Professional Tax Status & Benefits
Rental real estate is ordinarily treated as a passive activity under the Internal Revenue Code (IRC) § 469, which limits a taxpayer’s ability to offset passive losses against active
UTMA vs 529: Finding Your Best College Savings Path
Setting aside money for a child’s future is essential in meeting educational and long-term life goals. With college tuition on the rise—averaging over $35,000 per year in many
Conquering Tariffs: Practical Strategies To Grow Your Business
Shifting trade policies and rising tariffs can quickly disrupt a business’s day-to-day operations. In recent years, import duties have significantly increased on various goods, creating a domino effect
Why and How to File a Tax Return Extension: A Comprehensive Guide
Tax season can be stressful, especially if you’re juggling complex returns, waiting on documents that aren’t arriving on time, or dealing with life events that impact your finances.
Discover the Best Banks for Business Accounts in 2025
Finding the best business bank accounts is one of the most critical steps for a business owner. Whether you run a bustling retail store with daily cash deposits