Understanding Self-Employment Tax: A Guide for the Newly Self-Employed
Self-employment taxes can catch new business owners off guard. Our step-by-step guide explains the 15.3% tax rate, quarterly deadlines, and strategies to avoid costly mistakes.
How Much Life Insurance Should I Have?
Many people know they should have life insurance, but few know how much is enough. The right coverage amount depends on your income, debt, family size, and long-term goals. Whether you’re buying a policy for the first time or re-evaluating an old one, having the right number matters.
What is the Value of My Pension?
In our latest article, we break down how to calculate the present value of your pension—a powerful way to compare your pension to your other retirement assets and make better long-term decisions.
Whether you’re 5 years from retirement or already collecting, this article will help you see your pension in a new light.
Tax-Free Tips and Overtime: What the Big Beautiful Tax Bill Means for Workers
The Big Beautiful Tax Bill introduced two worker-friendly provisions aimed at boosting take-home pay: tax-free tips and tax-free overtime pay.
Big Beautiful Tax Bill Overhauls Student Loan Repayment Options: End of the SAVE Program
The Big Beautiful Tax Bill has made headlines for reshaping major areas of the tax code but buried within the legislation is a sweeping overhaul of the federal student loan system, which will have long-term implications for both current and future borrowers.
Residential Solar Tax Credit Eliminated Under the Big Beautiful Tax Bill: What It Means for Homeowners
The recently passed Big Beautiful Tax Bill made headlines for raising the federal estate tax exemption and increasing the SALT deduction cap, but not all of the provisions were taxpayer-friendly. One particularly significant change that’s flying under the radar is the elimination of the 30% Residential Solar Tax Credit—a program that’s been central to the rise in home solar installations over the past decade.
The New $6,000 Senior Tax Deduction Explained
The Big Beautiful Tax Bill that just passed is reshaping the tax landscape for many Americans, but one provision that stands out for retirees is the introduction of a new $6,000 senior tax deduction. This benefit, aimed at providing additional tax relief for older taxpayers, adds a generous layer of savings on top of the regular standard deduction and the existing age-based deduction.
The New $40,000 SALT Cap: What It Means for Taxpayers After the Big Beautiful Tax Bill
Congress just passed the “Big Beautiful Tax Bill,” and one of the biggest changes is a major update to the SALT (State and Local Tax) deduction cap. Instead of being limited to $10,000, some taxpayers will now be eligible for a $40,000 SALT deduction — but only temporarily and only if certain income limits are met.