Digital-asset tax reporting has long relied on taxpayers self-tracking every trade. That changes with the debut of Form 1099-DA, Digital Asset Proceeds From Broker Transactions — the IRS’s new information return for the crypto era. Here is what tax preparers should expect. What Form 1099-DA is Under final regulations, “brokers” — generally custodial digital-asset trading…
The 2025 law brought back an above-the-line charitable deduction for taxpayers who take the standard deduction. Small, but permanent.
The pass-through deduction that was set to expire at the end of 2025 is now a permanent fixture. What that means for entity choice and planning.
The 2025 law revived a deduction for personal car-loan interest — but only for certain vehicles, within income limits, and only through 2028.
The 2025 law rolled back the $600 1099-K threshold and raised the long-standing $600 threshold for 1099-NEC and 1099-MISC. Here is the new landscape.
The 2025 law created a new savings vehicle for children, complete with a federal seed contribution for newborns. Here is what advisors need to know.
While the 2025 law extended many benefits, it ended others. Several Inflation Reduction Act energy credits were terminated or accelerated to an early close. Here is the timeline.
Marketed as relief on Social Security taxation, the 2025 law’s senior deduction is actually a separate, temporary, income-limited deduction. Here is what it really does.
A long-delayed retirement-plan rule finally takes effect in 2026, and it will surprise a lot of higher-paid employees at tax time. Under the SECURE 2.0 Act, many workers can no longer make traditional, pre-tax catch-up contributions — those catch-ups must now go in as Roth. What the rule says Beginning in 2026, catch-up contributions to…
The scheduled 2026 halving of the estate tax exemption is gone. The 2025 law set the exemption near $15 million per person and made it permanent. What changes for planning.
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