by Sara Raby | Oct 5, 2026 | blog, Corporate Tax Services, Flow-Through Tax Services, Individual Tax
The Treasury announced on October 1, 2026, that it had completed automatic enrollment for Trump Accounts. According to the announcement, every eligible child under age 18 with a valid Social Security number now has an account, including more than 60 million children... 
by Dana Borys | Oct 2, 2026 | blog, Corporate Tax Services, Flow-Through Tax Services, Individual Tax
A limited partnership agreement may identify someone as a limited partner. For federal self-employment tax purposes, that designation does not necessarily settle the question. On September 17, 2026, the U.S. Court of Appeals for the Second Circuit affirmed the Tax... 
by Sara Raby | Oct 1, 2026 | blog, Individual Tax
A vehicle purchase can now bring a federal income tax deduction for interest on the loan. But a familiar brand, a “new” listing at the dealership, or a large monthly payment does not establish that the interest qualifies. The IRS has finalized regulations for the car... 
by Dana Borys | Sep 28, 2026 | blog, Corporate Tax Services, Life Sciences Tax, Tax Credits, Technology Tax
The restoration of the federal current deduction for domestic research and experimental expenditures (R&E) addressed a major tax issue for technology, life sciences and other research-intensive companies. It did not eliminate the accounting-method work required to... 
by Cory Carroll | Sep 18, 2026 | blog, Corporate Tax Services, Life Sciences Tax, Tax Credits, Technology Tax
Businesses are investing in artificial intelligence to improve products, automate internal processes, analyze data, support customers, and build new software capabilities. Some of that work may qualify for the federal research credit under Section 41. The credit is...