IRS Raises Mileage Rates Midyear: What You Need to Know

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IRS Raises Mileage Rates Midyear, IRS Raises Mileage Rates 2026For the first time since 2022, the IRS is changing standard mileage rates in the middle of the tax year. If you track business, medical or moving miles, this matters. Starting July 1, 2026, the numbers go up, and your recordkeeping needs to get more precise.

What Changed and Why

The IRS bumped the … Read more

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IRS Raises Mileage Rates Midyear, IRS Raises Mileage Rates 2026For the first time since 2022, the IRS is changing standard mileage rates in the middle of the tax year. If you track business, medical or moving miles, this matters. Starting July 1, 2026, the numbers go up, and your recordkeeping needs to get more precise.

What Changed and Why

The IRS bumped the … Read more

Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases Equity

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Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases EquityA county in Michigan was owed about $2,200 in back taxes. To collect it, the government took a home worth close to $200,000, auctioned it for a fraction of that, and called the matter settled. The family is now putting a simple question to the Supreme Court: when the state sells your house over … Read more

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Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases EquityA county in Michigan was owed about $2,200 in back taxes. To collect it, the government took a home worth close to $200,000, auctioned it for a fraction of that, and called the matter settled. The family is now putting a simple question to the Supreme Court: when the state sells your house over … Read more

The IRS Could Owe You Money Thanks to a Pandemic-Era Court Ruling

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IRS Could Owe You Money, COVID Court RulingHere’s something that flew under the radar for most people: a court decision from late last year could put money back in your pocket if you got hit with IRS penalties during COVID. But you need to act fast! For some taxpayers, the deadline to file a claim is July 10.

What This Case

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IRS Could Owe You Money, COVID Court RulingHere’s something that flew under the radar for most people: a court decision from late last year could put money back in your pocket if you got hit with IRS penalties during COVID. But you need to act fast! For some taxpayers, the deadline to file a claim is July 10.

What This Case

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Tax Considerations for Data Center Projects in the Age of AI

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Tax Considerations for Data Center ProjectsArtificial intelligence is driving an unprecedented surge in data center construction. Developers, private equity sponsors and their tax advisors are navigating a complicated web of questions that touch everything from ownership structure to site selection to power sourcing. Get the early decisions wrong and the tax consequences can follow a project for years.

Why

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Filing Your 2026 Tax Return? The Stakes Just Got Higher

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Filing Your 2026 Tax ReturnPicture two things happening at the same time. The agency responsible for reviewing your tax return is understaffed and buried under a backlog, and the software that the agency uses to catch filing errors just keeps getting better.

That combination should give any taxpayer pause this season. Not because an audit is necessarily coming, … Read more

Filing Your 2025 Taxes? Why Accuracy Matters More Than Ever This Year

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Filing Your 2025 Taxes?Tax season is here, and while the IRS opened its doors for 2025 returns on Jan. 26, with the familiar April 15 deadline intact, this year’s filing experience is shaping up to be anything but routine. A perfect storm of workforce cuts, rushed new tax breaks, and strained systems means that getting your return … Read more

What to Expect from U.S. Tax Policy in 2026

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What to Expect from U.S. Tax Policy in 2026After a whirlwind 2025 that produced what may be the largest tax bill in American history, the coming year looks dramatically different. Tax policy experts are predicting a legislative standstill, a turbulent tax filing season, and lingering questions about how new provisions will work when put into practice.

A Year of Legislative Gridlock

The … Read more

What Families Need to Know About the New Trump Accounts

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What are Trump Accounts?American parents now have access to a completely new savings tool designed to give children a financial foundation for the future. Established through The One Big Beautiful Bill Act, these accounts carry the name of the current president and come with a unique set of rules that the IRS has just begun to clarify.… Read more

Seven Tax Moves to Make Before 2025 Ends – Year-End Tax Planning

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Tax Planning 2025, Year-end tax planning 2025

Tax planning feels like homework nobody wants to do, but here’s the reality: real money is sitting on the table. The One Big Beautiful Bill Act changed the rules this year, and most people are still figuring out what matters for their wallets.

Max Out Everything While You Can

Here’s something many people miss. … Read more

The Hidden Tax Trap Keeping America’s Housing Market Frozen

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capital gains taxes on your home America’s housing crisis has reached a breaking point. With median home prices soaring past $400,000, the National Association of Home Builders reports that 60 percent of U.S. households can’t even afford a $300,000 home. The math has become impossible for most American families.

While we often blame high mortgage rates, restrictive zoning laws and … Read more