Many taxpayers feel overwhelmed when dealing with IRS notices, unpaid taxes, audits, liens, or wage garnishments. This article explains 10 of the most common IRS tax problems and provides practical guidance on taking proactive steps toward resolving their tax issues.

The “One Big Beautiful Bill Act,” signed into law on July 4, 2025, reshapes the landscape of federal clean energy incentives. Time is running out to claim tax credits before they vanish—or face stricter new rules.

As part of the One Big Beautiful Bill Act passed in July 2025, taxpayers aged 65 or older can now claim a bonus deduction of up to $6,000 for individuals or $12,000 for married couples where both spouses qualify. This deduction applies whether you itemize or use the standard deduction.

Gambling can be an exciting pastime but beware of the tax implications that go with it. A new law, effective January 1, 2026, is changing the way gambling losses are deducted, which could lead to unexpected tax bills for many players.

Hiring your children can be a powerful tax strategy and can also be a great way to help fund their college education. It is also important to follow all state and IRS regulations carefully. This includes keeping diligent records and following best practices to avoid any issues.