Life changes can have a significant impact on your tax situation. Learn why major events such as marriage, starting a business, buying a home, having children, or changing income may require updates to your tax strategy. Read More
Tax Planning Strategies & Insights | Private Tax Solutions
Could your 401(k) provide a steady monthly income like a traditional pension? Pension-style 401(k) options are gaining attention as retirees look for more predictable retirement income. Learn how 401(k) annuities work, the potential tax implications, and what to consider before converting part of your retirement savings into guaranteed income. Read More
If you're saving for your child's education through a 529 plan, you should know about these important updates. The One Big Beautiful Bill Act (OBBBA), signed into law in July 2025, made many changes that expand how 529 plan assets can be used, changes like...
If you are going through or have been through an IRS audit, you must have spent sleepless nights worrying about it and have probably heard of a simple rule: no receipt, no deduction. It is one of the most common and intimidating beliefs during tax...
ACA Health Insurance Subsidies Expire 2026: Cost Hikes and Coverage Impact Millions of Americans are encountering sharply higher health insurance costs as enhanced Affordable Care Act (ACA) subsidies expire at the end of 2025. With these ACA health insurance subsidies expire 2026 changes, families who...
Why You Should Check Your Tax Withholding in 2026 Many Americans are expected to receive larger tax refunds when filing their 2025 returns in early 2026. Because of outdated withholding tables and recent law changes, taxpayers may be withholding more than necessary. Taking time to...
Major life changes can have a significant impact on your taxes. Learn how to adapt your tax strategy through marriage, family changes, homeownership, career transitions, divorce, and retirement. Read More
Real Estate Professional Status (REPS) is a valuable tax strategy for qualifying real estate investors. Learn the IRS requirements, eligibility rules, material participation tests, and how REPS can help offset rental losses against active income while staying compliant with tax regulations. Read More
Nine States Cutting Income Taxes in 2026: What to Know Starting January 1, 2026, nine states cutting income taxes in 2026 will see reduced individual tax rates, offering potential relief for residents and influencing financial planning for the year ahead. These cuts stem from enacted...
2026 Tax Deductions and Refunds: Key Ways to Maximize Your Return As U.S. taxpayers prepare to file 2026 returns, several changes in tax rules could increase refunds or lower tax bills. Knowing which 2026 tax deductions and refunds are available helps both individuals and families...