IRS Raises Mileage Rates Midyear: What You Need to Know
Category Archives: Tax and Financial News
IRS Raises Mileage Rates Midyear: What You Need to Know
For the first time since 2022, the IRS is changing standard mileage rates in the middle of the tax year. If you track business, medical or moving miles, this matters. Starting July 1, 2026, the numbers go up, and your recordkeeping needs… Continue reading
Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases Equity
Supreme Court Will Decide What Homeowners Are Owed When Tax Sale Erases Equity Continue reading
Filing Your 2026 Tax Return? The Stakes Just Got Higher
đź–¨ Print⏱ 4 min read Picture two things happening at the same time. The agency responsible for reviewing your tax return is understaffed and buried under a backlog; and the software that agency uses to catch filing errors just keeps … Continue reading
The Trump Tax Reform Plan – What Is and What May Be
Major tax reform enactment is a rare event, with the last occurring back in 1986 under President Ronald Reagan. As a result, current discussions could pan out to be much ado about nothing; however, with the solid majorities that Trump … Continue reading