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You Be the Tax Judge: The Verdict on Influencer Celebrity Expenses
The Tax Court weighs in on whether an influencer can deduct celebrity meet-and-greets, event tickets, and other experiences as business expenses.
Tax News & Analysis
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IRS Announces New Per Diem Rates For Business Travel
The IRS has released new per diem rates for business travel, including updated high-low rates of $329 and $230, effective October 1, 2026.
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What’s Line 11 on Form 1040? Understanding Adjusted Gross Income (AGI)
Whether you’re filling out forms for credit checks, FAFSA, or other financial applications, you may be asked about your adjusted gross income, or AGI. For years, you would find AGI on line 11. On the current Form 1040, you’ll find AGI on Line 11a at the bottom of the first page. (And, assuming no changes,…
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A New Lead In The Tylenol Murders and The Tax Twist You Probably Forgot
A possible new link has emerged in the 1982 Tylenol murders, reviving interest in the unsolved case—and James Lewis’s surprising connection to taxes.
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Getting To Know You Tuesday: Lily Tran
Meet Lily Tran, founder of TaxUSign and Taxpayer CARE Center, and learn how the Enrolled Agent, tax educator, and mom approaches taxes, business, and life.
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IRS Finalizes Rules For The New Car Loan Interest Deduction
The IRS has finalized rules for a new deduction that lets some taxpayers write off interest they pay on new car loans. The deduction, created by the One Big Beautiful Bill Act (OBBBA), applies to qualified passenger vehicle loan interest for tax years 2025 through 2028. The maximum deduction is $10,000 per return (not per…
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Draft 2026 Form 1040 Adds New Citizenship And Work Authorization Question
Draft Form 1040 for 2026 adds a new citizenship and work-authorization question, plus Schedule 3-A changes affecting certain refundable credits.
