Posts Tagged ‘tax season’
2026 Tax Season Updates Worth Considering
2025 saw a major tax overhaul with the passing of the One Big Beautiful Bill Act (OBBBA). OBBBA has impacts that impact both the current and next filing season. Let’s recap what you may need to consider for the 2026 tax season when you prepare your taxes. Increased State and Local Tax (SALT) Cap In 2018, the SALT deduction cap was $10,000. Previously there was no limit. Beginning for the tax year 2025, the cap…
Read MoreFree Filing Option: Direct File
As of January 27th, the IRS is accepting individual tax returns for processing. With many filing options (including your local CPA!), it can be hard to know where to start. A new and overlooked option is filing with the IRS through Direct File. Did we mention it’s free? Let’s take a look. The Program Direct File is in its 2nd year and available in 25 participating states (including Washington). Like popular paid DIY options, the…
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