The Tax Professionals Blog
Highlights of Internal Revenue Bulletin 2025-42...
IRS Bulletin 2025-42: PTIN user fee reduced to $10, new rules proposed for qualified tips, withdrawn corporate reorganization regulations, and updated Section 355 private ruling procedures.
Read MoreTax Opportunities to Pay Off Student Loans
Paying off student loans? Learn how 529 plans, employer-paid benefits, and new OBBBA provisions can help you manage debt and maximize tax savings while repaying student loans.
Read MoreHighlights of Internal Revenue Bulletin 2025-41...
This week’s IRS Bulletin 2025-41 covers 2025–2026 per diem rates, new excise taxes on chemical substances, drought relief extensions, and updated federal and aircraft valuation rates.
Read MorePassenger Vehicle Loan Interest
Learn the fine print behind the new passenger vehicle loan interest deduction—tight eligibility, MAGI limits, and U.S. assembly rules make this benefit tougher to claim than it appears.
Read MoreHighlights of Internal Revenue Bulletin 2025-40...
In this week’s IRS Bulletin 2025-40: new guidance on catch-up contributions under SECURE 2.0, updated August bond rates, and a list of revoked 501(c)(3) organizations.
Read MoreAdoption Credit
Adopting in 2025? You may qualify for up to $17,280 in tax credits! A new $5,000 refundable option makes it easier for families to benefit. Learn about eligibility, expenses, and...
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