Plain-language guides on the rules that touch every return. Updated for OBBBA 2025.
Tips deduction, overtime deduction, senior deduction, SALT cap raised to $40K, 100% bonus depreciation reinstated.
Read article →Why the cap raise from $10K to $40K puts itemizing back on the table for many tri-state homeowners.
Read article →Step-by-step guide to W-7 renewal for individuals, families, and ITINs that have not been used for 3 years.
Read article →How to set a defensible salary, document it, and avoid the most common S corp audit reclassification.
Read article →Both deductions are above the line. Both apply to 2025. Here is the qualification math, in detail.
Read article →Form 8867 is mandatory. Here are the questions you must ask, document, and keep for three years.
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