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In 2025, the One Big Beautiful Bill Act established a temporary federal tax deduction to help reduce the tax liability of certain tipped workers.
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Here are three important tax provisions from the OBBBA that should provide certainty and stability for small businesses.
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New tax rules will determine the deductibility of donations in 2026 for better or worse, which means taxpayers may want to rethink the timing and amount of their donations for 2025 and beyond.
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It’s easy to confuse Medicare and Medicaid, but there are important differences between the programs.