January 2026

Here’s a sampling of some significant tax law changes going into effect this year: Contact the office to discuss how these or other changes might affect you.

An unexpected influx of money (such as from an inheritance, bonus, legal settlement or lottery win) can feel exciting and full of possibility. But without a clear plan, that financial good fortune might not last as long as you’d hoped. Avoid Common Pitfalls It can be tempting to immediately buy your dream car or home,

While legislation signed into law in 2025 extends or enhances many tax breaks for businesses, it ends some clean energy tax incentives. Fortunately, your business may still benefit from certain clean energy breaks if it acts in the first half of 2026. Make Building Improvements The Section 179D deduction allows owners of new or existing

If you received tips or overtime pay in 2025, you may be eligible for a new deduction when you file your income tax return. Both deductions can be claimed whether or not you itemize deductions. But various rules and limits apply. Also be aware that such income may still be fully taxable for state and