You’ve bought the pencils, notebooks, and glue sticks. You survived the school supply aisle and think you’re done. The truth is the upcoming school year’s costs are just getting started! Here’s some other elements of the school year’s true costs and how to stay ahead financially this upcoming school year . Field trips, activity fees,…

The One Big Beautiful Bill Act of 2025 (OBBBA) expands several business tax benefits while easing certain compliance obligations. Here’s a summary of the key provisions affecting small businesses.   Form 1099. The reporting threshold for Form 1099-NEC and 1099-MISC moves from $600 to $2,000 after December 31, 2025. This threshold is to be indexed for…

Deductions, credits and more… The One Big Beautiful Bill Act of 2025 (OBBBA) contains a number of tax breaks for parents. Here’s a summary of what’s in the bill for families, including planning tips to make the most of each tax break.   Parents get a permanent increase to the child tax credit. The child tax…

Best advice? Be prepared NOW! Two new major tax changes, No Tax on Tips & No Tax on Overtime, are introduced in the One Big Beautiful Bill Act (OBBBA) passed on July 4, 2025. Here’s what you need to know about these two tax breaks, along with questions that still need answered before filing your…