by Meher Singh, CPA | Apr 21, 2026 | Accounting, Entrepreneurial, Federal Taxation, Taxation
With the April deadline behind us, most taxpayers fall into one of two categories: those who filed their returns, and those who requested an extension. While both are common, they come with different implications and opportunities. If You Filed Your Return Filing your...
by Meher Singh, CPA | Mar 19, 2026 | Accounting, State & Local Tax (SALT), Taxation
Beginning in 2026, new tax law changes significantly reshape how individuals benefit from charitable contributions. These updates expand access to deductions while also limiting certain benefits thereby making tax planning more important than ever. 1. New Deduction...
by Meher Singh, CPA | Feb 12, 2026 | Accounting, Real Estate, Taxation
Rental Real Estate Loss Rules & Tax Deduction Strategies Rental real estate loss rules often surprise property owners who expect all rental losses to be immediately deductible. In fact, more than half of rental property owners report losses on Schedule E each...
by Meher Singh, CPA | Jan 19, 2026 | Accounting, Taxation
Education Tax Credits: A Brief Overview Education tax credits can help offset the cost of college or trade school by reducing the amount of tax owed. If you, your spouse, or a dependent attended an eligible educational institution during the year, it may be worth...
by Meher Singh, CPA | Dec 10, 2025 | OBBBA, Taxation
What are Trump Accounts? The IRS has released its first round of guidance on Trump accounts for children, a new long-term savings program created under H.R. 1, P.L. 119-21—commonly known as the One Big Beautiful Bill Act (OBBBA). Designed to help children build...
