The Tax Professionals Blog

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 income limits.

Key highlights from IRS Internal Revenue Bulletin 2025-39, including withdrawn proposed regulations under IRC Section 6103(n) and administrative updates.

In this release, learn how OBBBA makes discharged student loans for death or total disability tax-free after 2025, provided Social Security number rules are met.

The OBBBA strengthens ABLE accounts starting in 2026, permanently allowing extra contributions, expanding eligibility to age 46, and updating annual limits for inflation.

In this release, we highlight IRS Bulletin 2025-37, including new Q4 interest rates, withdrawal of DPL rules, transition relief, and proposed regulations for U.S. real property transactions.