Your Go-To Source for Tax & Financial News
Stay ahead with the latest updates, expert insights, and valuable tips on tax strategies, financial planning, and business growth.
December 22, 2025
OBBB tax benefits for freelancers include new deductions and reporting changes, but eligibility limits mean many gig workers may not qualify.
The 100% bonus depreciation phaseout continues in 2024, reducing first-year write-offs for business equipment and qualifying property under current tax law.
Withholding adjustments for 2025 could change the amount of tax taken from paychecks as new federal rules affect tips, overtime pay, and car loan interest.
SALT cap 2025 rules increase the deduction limit for state and local taxes to $40,000, outlining eligibility, income thresholds, and filing requirements.
One Big Beautiful Bill Act tax planning becomes urgent as the December 31 deadline approaches, with new deductions, income rules, and filing decisions.
California mortgage interest deduction rules may change for 2026. Learn what could be different, who may feel it, and what to watch now.
