New Rules Could Boost Your R&E Tax Savings in 2025
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act […]
California CDTFA Updates Pub 34: Motor Vehicle Dealers (3/2025)
The California Department of Tax and Fee Administration (CDTFA) has released an updated version of Publication 34: Motor Vehicle Dealers in March 2025. […]
IRS Lists FAQs on Expiration of Energy Credits and Deductions under OBBBA
As appearing in IRS Fact Sheet 2025-5
These FAQs are being issued to provide general information to taxpayers and tax professionals […]
Teacher Funded Classroom Costs Can Be Offset with Educator Expense Deduction
As appearing in IRS Tax Tip 2025-58
With back-to-school, comes potential out-of-pockets costs for educators. The Educator Expense Deduction […]
No Changes to 2025 Information Returns or Withholding Tables Under OBBBA
As appears in IRS IR-2025-82
On 8/7/25, the Internal Revenue Service […]
The California Competes Tax Credit: A Boost for Businesses and Jobs in 2025/2026
If you’ve been keeping an eye on economic incentives in the Golden State, you’ve probably heard about the California Competes Tax Credit (CCTC). […]
OBBBA 2025: Tax Deductions for Working Americans and Seniors
As appearing in IRS Fact Sheet FS-2025-03
Below are descriptions of new provisions from the […]
Bullet Point OBBBA Changes Impacting Individuals
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025. The Act is comprehensive and includes key changes to individual-related provisions and […]
Bullet Point OBBBA Changes Impacting Businesses
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025. The Act is comprehensive and includes key changes to business-related provisions and […]
Payroll and Tax Implications of OBBBA 2025
Courtesy of Thomson Reuters (07/10/25)
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, enacting significant changes to […]
