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Charitable Giving Changes Starting in 2026: What You Need to Know

Charitable Giving Changes Starting in 2026: What You Need to Know

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...
Understanding Rental Real Estate Loss Rules: When Are Losses Actually Deductible?

Understanding Rental Real Estate Loss Rules: When Are Losses Actually Deductible?

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...
How to Maximize Your Education Tax Credits

How to Maximize Your Education Tax Credits

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...
January Tax Planning: Navigating TCJA Expirations and 2025 Strategies

January Tax Planning: Navigating TCJA Expirations and 2025 Strategies

by Angad Singh, JD, LLM | Jan 8, 2026 | Accounting, Federal Taxation, OBBBA, State & Local Tax (SALT), Taxation

January Tax Planning: Navigating the 2025 Landscape January often brings a sense of renewal, and from a tax perspective, it is an ideal time to pause and review the landscape as it currently stands. This includes understanding the rules already in effect, the changes...
SALT Deduction Changes & PTET Planning for 2025 and Beyond

SALT Deduction Changes & PTET Planning for 2025 and Beyond

by Angad Singh, JD, LLM | Dec 18, 2025 | Accounting, OBBBA, State & Local Tax (SALT), Taxation

The 2025 tax reset brings significant changes to the state and local tax (SALT) deduction and renewed importance to pass-through entity tax (PTET) planning for business owners. While the SALT cap increases to $40,000 for 2025, limitations and income-based phaseouts...
IRS Releases Early Guidance on New Trump Accounts for Children

IRS Releases Early Guidance on New Trump Accounts for Children

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...
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