Tax Planning

2025 Crypto Tax Reporting Is Changing: What Form 1099-DA Means for Investors

Crypto tax reporting is entering a new phase. Starting with the 2025 tax year, custodial platforms will report digital asset transactions to the IRS on new Form 1099-DA. Here’s what investors need to understand now to avoid surprises and stay compliant.

2025 Year-End Crypto Tax Strategies: Smart Moves Before December 31

Crypto gains can create unexpected tax bills, especially in profitable years. Before December 31, several planning opportunities can help reduce your 2025 taxable income, strengthen your long-term position, and keep more of your returns working for you.

2025 Year-End Tax Strategies for Investors: Smarter Moves for Your Stock Portfolio

The final weeks of the year offer a valuable chance to lower taxes on your investment gains. By adjusting how you recognize gains and losses, using charitable giving strategically, and understanding the rules that apply to stock sales, you can reduce your 2025 tax bill without changing your overall investment goals.

2025 Year-End Moves to Strengthen Your Section 199A Deduction

The Section 199A deduction can reduce taxable income by up to 20 percent for eligible business owners. As the year closes, a few targeted adjustments may help you preserve or increase your deduction for 2025. Here are the practical steps to review before December 31.

S-Corp Health Insurance and Medical Reimbursement Moves Before December 31

Before the year closes, make sure your health insurance and medical reimbursement plans are compliant and deductible. From S-corp payroll treatment to HRAs and small employer plans, here’s how business owners can protect 2025 deductions and prepare for 2026.

OBBBA 2025: Maximize Your Business Vehicle Deduction Before Year-End

Need more 2025 deductions and a vehicle upgrade. The One Big Beautiful Bill Act restored 100 percent bonus depreciation and expanded Section 179 limits. Here is how to pick the right vehicle, document business use, and lock in a first-year write-off before December 31.

Understanding the Gift Tax in 2025: How to Use It Before Year-End

The 2025 gift and estate tax exemption remains at $13.99 million per person, doubling for married couples. Individuals can give up to $19,000 per recipient this year tax-free. Strategic gifting before year-end secures these benefits permanently ahead of the 2026 exemption reduction.

Beat the OBBBA Rules That Punish “Hobby” Businesses: How to Keep Your Deductions

If your passion project earns income, from dog breeding to photography, the IRS may classify it as a hobby, limiting your deductions. Here’s how to protect your deductions and prove your activity qualifies as a legitimate business under the 2025 OBBBA rules.

Avoid 2025 Tax Penalties: A Simple Fix You Can Use Today

Missed a quarterly estimated tax payment? You can avoid 2025 IRS penalties using the 60-day retirement rollover strategy. Withdraw funds from your IRA or 401(k), withhold taxes, then redeposit the funds within 60 days. The IRS treats withholdings as paid evenly throughout the year, eliminating penalty exposure.