No Tax on Overtime-Yes, But…

A provision of the recent tax legislation signed into law by President Trump on July 4, 2025, provides generally that taxpayers who receive income in the form of overtime pay will not be taxed on their overtime income.  The deduction…

Billy Long Out

The Trump administration has removed former U.S. Congressman Billy Long from his position as head of the Intenal Revenue Service after a tenure of less than 2 months. Treasury Secretary Scott Bessent will have temporary oversight of the agency until…

Nationwide Tax Forum

New Orleans Sold Out The IRS 2025 Nationwide Tax Forum is underway. The Chicago event has passed. The New Orleans event is scheduled to begin on August 5. Upcoming venues in order are Orlando, FL, Aug 26, Baltimore, MD Sep…

Ways to Pay Taxes

The filing deadline for 2024 for most personal ax returns has passed. If you owed any additional money upon filing your return, you probably paid it by having it debited from a personal account at your bank or credit union…

Hello Taxpayers and Tax Professionals

Welcome to my new tax blog where I will be focusing on United States federal income matters and on the government agency, the Internal Revenue Service, that implements tax law, processes tax returns and oversees the collection of a substantial…