“OBBBA Cheats Gamblers—Taxes Fictional Income” To get my complete article with all the details… The New Tax Law Can Tax Gamblers on Money They Never Won If you gamble—whether casually or professionally—prepare for a shocking change starting in 2026. The One Big Beautiful Bill Act (OBBBA) just imposed a devastating new restriction that could force you to pay … [Read more...]
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Download the OBBBA Individual Tax Grid to Your Desktop Now
“Download the OBBBA IndividualTax Grid to Your Desktop Now” To get my complete article with all the details… The tax code just changed. Again. But this time, we’ve made it simple for you. The One Big Beautiful Bill Act (OBBBA) has rewritten the rules on more than 30 key individual tax provisions. Whether you're filing as a parent, homeowner, freelancer, … [Read more...]
Day Trader? Unlock Powerful Tax Deductions—If You Qualify
To get my complete article with all the details… If you’re actively trading stocks—multiple times per day or week—you might qualify as a day trader in the eyes of the IRS. And if you do, the tax benefits are nothing short of game-changing. Deduct your trading expenses—including margin interest and home office costs Eliminate self-employment tax on your … [Read more...]
Lost Money to a Scam? Here’s How to Tell If You Can Deduct It
“Lost Money to a Scam?Here’s How to Tell If You Can Deduct It” To get my complete article with all the details… Scammers may have taken your money—but don’t let the IRS take your deduction, too. Our newest article, Greed or Goodwill: Your Motive Makes a Scam Loss Deductible, breaks down exactly when scam victims can deduct their losses—and when they … [Read more...]
Don’t Let the Excess Business Loss Rule Catch You Off Guard
“Navigating Excess Business Loss Limits:What You Need to Know” To get my complete article with all the details… If your business saw a loss, the Tax Cuts and Jobs Act (TCJA) and subsequent tax law changes could limit your ability to deduct that loss on your tax return. In our new article, Navigating Excess Business Loss Limits: What You Need to Know, we break … [Read more...]