by Sara Raby | Nov 12, 2025 | blog, Individual Tax
A Health Savings Account (HSA) can be one of the most tax-efficient savings tools available to individuals with a qualifying high-deductible health plan. The appeal is straightforward: contributions may be deductible or excluded from income, earnings inside the...
by Naz Nasseri | Nov 5, 2025 | blog, Individual Tax
In 2025 a long-absent tax benefit makes its return: the ability for individuals to deduct interest on certain personal-use car loans. The change, enacted through the One Big Beautiful Bill Act (OBBBA) (P.L. 119-21), reopens a narrow personal-interest deduction that...
by Naz Nasseri | Oct 29, 2025 | blog, Individual Tax
The IRS has announced the annual inflation adjustments for more than 60 tax provisions for tax year 2026. This includes updates to tax rate schedules and other tax changes, as detailed in Revenue Procedure 2025-32 : The 2026 Standard Deduction has increased and is...