Resources

In a landmark ruling today, the U.S. Supreme Court  invalidated a broad set of tariffs imposed by President Donald Trump’s  administration, delivering a major blow to one of the most significant pillars of his economic agenda. The 6-3 decision holds that the president exceeded his authority  under a 1977 emergency law when he unilaterally imposed sweeping import taxes on nearly all of the nation’s trading partners. Here’s what businesses and individuals need to know. What the

You may have recently come across a website called trumpaccounts.gov   or heard people talking about “Trump kids savings accounts.” With so much information circulating online, many parents are asking the same questions: Is this a real government program? How does it work? Can parents take the money out if they need it? How do you apply? This article breaks it all down clearly — what’s real, what’s allowed, and what families should understand before planning around it . What

What Workers and Retirees Need to Know for 2026 There’s a lot of noise in the tax world right now — but three updates are getting the most attention: • Potential relief on taxes for tips • Possible deductions tied to overtime pay • An expanded deduction for seniors If you’re a service worker, hourly employee, or retiree, these updates could significantly impact your tax return. Let’s break it down clearly. 1. “No Tax on Tips” — What It Actually Means Recent IRS guidance conne

A Game-Changer for Taxpayers: What the “One Big Beautiful Bill” Means for Your Tax Returns The tax landscape in 2026 looks very different from years past — and it’s all because of a major piece of legislation passed in mid-2025 known as the One Big Beautiful Bill Act  (OBBBA). This wide-ranging tax package makes several significant changes to federal tax law that affect both individual and business taxpayers. 1. What Is the One Big Beautiful Bill? The One Big Beautiful Bill A