Individual taxes, Tax Planning, Tax Policy Updates
No Tax on Tips Act (2025–2028): What Service Workers Need to Know Focus Keyword: No Tax on Tips Act The No Tax on Tips Act, signed into law in 2025, offers a groundbreaking tax break for tipped workers. Under this temporary provision, eligible service employees can...
Business taxes, Individual taxes, Side Hustle, Tax Planning
Understanding Side Hustle Taxes: What Every Hustler Must Know If you’re freelancing, driving rideshare, designing logos, or monetizing content online—you’re part of the growing gig economy. But here’s the reality: side hustle income is taxable. The IRS...
Tax Planning, Crypto Taxes, Individual taxes
Crypto Tax Reporting in 2025: IRS Rules, Form 1099-DA, and How to Stay Compliant Focus Keyword: crypto tax reporting 2025 As cryptocurrency adoption continues to grow, the IRS has responded with sweeping changes to crypto tax reporting in 2025. From the rollout of...
Retirement, Individual taxes, Social Security, Tax Planning
Introduction: Big Gains for Older Americans in 2025 2025 has ushered in a powerful new benefit for taxpayers aged 65 and older — a $6,000 bonus deduction under the newly enacted tax legislation. This provision offers substantial tax relief, especially for retirees...
Business taxes, Deductions, Home Office, Individual taxes, Side Hustle, Tax Planning
Freelancer Tax Deductions in 2025: What the IRS Still Allows (and What It Doesn’t) Freelancer tax deductions in 2025 continue to be one of the most powerful tools for reducing your taxable income as a self-employed professional. The IRS has not repealed key...
