New personal exemption for seniors under OBBBA
Spidell's Federal Tax Minute
This week we’re covering the new personal exemption for seniors under the One Big Beautiful Bill Act.
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OBBBA changes to the SALT deduction limitation
Spidell's Federal Tax Minute
This week we’re covering changes made to the state and local tax deduction limitation under the One Big Beautiful Bill Act.
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Depreciation provisions under OBBBA
Spidell's Federal Tax Minute
This week, we’re covering four important depreciation provisions contained in the One Big Beautiful Bill Act.
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OBBBA changes to the charitable contribution deduction
Spidell's Federal Tax Minute
This week we’re covering changes to charitable contribution deductions made by the OBBBA.
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OBBBA changes to energy credits and incentives
Spidell's Federal Tax Minute
This week we’re covering the changes to various energy credits and incentives under the OBBBA.
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Tips for lowering Medicare premium adjustments
Spidell's Federal Tax Minute
This week we’re covering Medicare’s income-related monthly adjustment amount, and what taxpayers can do to lower this monthly surcharge.
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Tax ramifications of recovering stolen cryptocurrency
Spidell's Federal Tax Minute
This week we’re covering the tax ramifications of claiming a theft loss deduction for stolen cryptocurrency.
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Expanded business tax account
Spidell's Federal Tax Minute
This week we’re covering the latest expansion of the IRS’s Business Tax Account online self service tool for business taxpayers.
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Taxpayers electing to split gifts need to attach statement
Spidell's Federal Tax Minute
This week, we’re covering the new process for making a gift splitting election on Form 709.
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Tips, overtime, and auto interest provisions in OBBBA
Spidell's Federal Tax Minute
This week, we’re covering the tips, overtime, and auto interest provisions in the tax bill that’s working its way through Congress.
info_outlineThis week we’re covering some recent updates regarding Social Security benefits.