November 2025
2025 Last-Minute Year-End General Business Income Tax Deductions
Your year-end tax planning doesn’t have to be hard. This article takes your daily business activities and identifies easy, year-end tax-planning moves you can make today. Our six strategies will increase your tax deductions, which will reduce your taxable income so the government gets less of your 2025 cash.
2025 Last-Minute Year-End Retirement Deductions
Does your business have a retirement plan for you and, if applicable, your employees? It should. The tax code gives you good reasons to get your retirement plan in place and perhaps make changes in existing plans.
OBBBA Enhances 2025 Last-Minute Vehicle Purchases to Save on Taxes
Here’s an easy question: Do you need more 2025 tax deductions? If so, continue reading. Next easy question: Do you need a replacement business vehicle? If so, you can simultaneously solve or mitigate both the first problem (needing more deductions) and the second problem (obtaining a replacement vehicle), but you must get your replacement vehicle in service on or before December 31, 2025. This article helps you find the right vehicle for the deduction you desire.
2025 Year-End Tax Strategies for Crypto Investors
2025 has been another banner year for cryptocurrency owners, but with profits come taxes. Fortunately, there are many things crypto owners can do before year-end to reduce the taxes they owe on their crypto profits, including harvesting losses (if any), selling and repurchasing crypto to step up their basis, donating crypto to charity, gifting crypto, or establishing a self-directed IRA or solo 401(k) for crypto.
2025 Year-End Tax Deductions for Existing Vehicles after OBBBA
December 31 is just around the corner. That’s your last day to find tax deductions available from your existing business and personal (yes, personal) vehicles that you can use to cut your 2025 taxes. In this article, you will learn how to find and release tax deductions that the tax code trapped inside your existing business cars, SUVs, trucks, and vans. And you will learn how the One Big Beautiful Bill Act makes it possible for you to find a big deduction from your existing personal vehicle (note the terms “existing” and “personal”).
2025 Last-Minute Year-End Tax Strategies for Your Stock Portfolio
When you take advantage of the tax code’s offset game, your stock market portfolio can represent a little gold mine of opportunities to reduce your 2025 income taxes. The tax code contains the basic rules for this game, and once you know the rules, you can apply the correct strategies. In addition to saving taxes with the game of offset, you can avoid paying taxes on stock appreciation by gifting stock to charity, your parents, and your children who are not subject to the kiddie tax.
2025 Last-Minute Year-End Medical Plan Strategies
Have you reimbursed your employees (including your employee-spouse) as stipulated in your health reimbursement arrangements? And if you operate as an S corporation, do you have your health insurance set up correctly for your best tax deduction? In this article, we help with these matters and more
2025 Last-Minute Tax Strategies for Marriage, Kids, and Family
Are you thinking of getting married or divorced? If so, you need to consider December 31, 2025, in your tax planning. Here’s another question: Do you give money to family or friends (other than your children who are subject to the kiddie tax)? If so, you need to consider the zero-tax planning strategy. And now, consider your children who are under age 18. Have you paid them for work they’ve done for your business? Have you paid them the right way? You’ll find the answers here.
2025 Last-Minute Section 199A Tax Reduction Strategies
Remember to consider your Section 199A deduction in your 2025 year-end tax planning. If you don’t, you could end up with a useless $0 for your deduction amount. We’ll review three year-end moves that simultaneously reduce your income taxes and boost your Section 199A deduction.
October 2025
Learn How to Beat 2025 Estimated Tax Penalties Instantly, Today
Think you’re stuck paying big penalties for missing your 2025 estimated tax payments? There’s a little-known IRS-approved strategy that can make those penalties disappear instantly—without costing you extra. Learn the “one perfect way” to eliminate penalties today and keep more money in your pocket.
Beat the OBBBA/TCJA Rules That Punish Dog Breeding Hobbies
Thinking about breeding dogs as a business? The One Big Beautiful Bill Act just made the Tax Cut and Jobs Act’s hobby-loss rules permanent—meaning hobby breeders face steep tax disadvantages. Learn how to protect your deductions and prove your profit motive before the IRS decides your passion is just a hobby.
OBBBA Revives Your Ability to Kill Capital Gains with QOFs
The One Big Beautiful Bill Act has made opportunity zones permanent—and with this change comes a new era of tax advantages for investors. From qualified opportunity zone (QOZ) 1.0 to QOZ 2.0, the rules are changing, and so are the opportunities to slash capital gains taxes. Here’s what you need to know.
OBBBA’s Secret Gift: Bigger Tax Breaks for QCDs from Your IRA
Are you over 70 1/2 and giving to charity? Thanks to the new One Big Beautiful Bill Act, you can now use your IRA to make donations that don’t raise your taxable income—while also dodging new deduction limits and Medicare surcharges. Learn how qualified charitable distributions can deliver bigger tax breaks than ever.
OBBBA Falls Short on Casualty Relief but Yields a Small Win
The One Big Beautiful Bill Act promised big—but delivered just a sliver. Casualty loss deductions are still tough to claim, but there’s a new twist that could save you money if disaster strikes. Find out where the law falls short—and the small win hiding inside.
Selling a Term Life Insurance Policy Creates Thorny Tax Issues
Thinking of selling a term life insurance policy to a relative? It might seem like a simple way to cash out, but the IRS sees it differently. Discover the surprising tax traps that could turn a family arrangement into a costly mistake.
Beginning in 2025, OBBBA Eases Business Interest Deduction Rules
In big news for businesses, the One Big Beautiful Bill Act permanently relaxes limits on business interest expense deductions starting in 2025. Learn how the new EBITDA-based rules and expanded floor plan financing can boost your allowable deductions—and what exceptions might apply to your business.
OBBBA: What to Know about No Tax on Tips
The One Big Beautiful Bill Act establishes a brand-new income tax deduction for income received from tips. Workers who qualify can deduct up to $25,000 in tip income. The deduction is limited in time and scope: it applies only to taxpayers who work in occupations that customarily and regularly receive tips and will last only for 2025 through 2028.
Does the IRS List You as Qualifying for the Tips Deduction?
The “no tax on tips” deduction for 2025 through 2028 is available only for workers in customarily tipped occupations—as defined by the IRS in its list of 68 occupations that you can find here. If you are not on the list, you can’t claim the tips deduction.
September 2025
OBBBA Restores and Creates New 100% Deductions for You, Now
The One Big Beautiful Bill Act significantly speeds up deductions for business property by bringing back 100 percent bonus depreciation, increasing the Section 179 expensing limit to $2.5 million, and establishing a brand-new 100 percent deduction for qualified improvement property—factories and other property built to manufacture new products. These deductions enable businesses to deduct, in one year, the cost of much—often all—of the equipment and other business property they purchase each year.
OBBBA: No Tax on Overtime? Not Really, but We’ll Take It!
Overtime hours worked this year (yes, during 2025) could now come with a hidden tax break thanks to the One Big Beautiful Bill Act. Here’s what workers (and joint-filers) need to know.
OBBBA: How Itemizers Can Win
The One Big Beautiful Bill Act is here. Unreimbursed employee expense deductions are gone for good. High-income itemizers face new challenges. Read this article to identify strategies that can help.
OBBBA Enhances Tax Breaks for Qualified Small Business Stock
The One Big Beautiful Bill Act significantly upgrades the federal tax exclusion for tax-favored qualified small business stock by shortening the stock holding period, increasing the tax exclusion for shareholders, and allowing larger corporations to issue such stock.
OBBBA Gives Section 529 Plans a Makeover That You Will Like
The One Big Beautiful Bill Act greatly expands the types of expenses that can be paid with Section 529 savings plans—tax-advantaged savings accounts that are used for education expenses. Section 529 plans can now be used to pay for almost any type of recognized post-secondary credential as well as continuing professional education. Section 529 accounts can also be used to pay for many expenses for children in kindergarten through grade 12 in addition to tuition.
OBBBA Cheats Gamblers—Taxes Fictional Income
The One Big Beautiful Bill Act imposes draconian new restrictions on the ability of professional and casual gamblers to deduct their losses. Starting with the 2026 tax year, all gamblers will be limited to deducting only 90 percent of their losses from their gambling income. This could require gamblers to pay tax on fictional income.
Download Your 2025 Desktop Tax Resource Guide—Updated for OBBBA
Stay ahead of OBBBA compliance with Bradford’s 2025 Tax Resource Guide, updated with the latest tax rates, limits, and deductions. Download your OBBBA-updated 2025 desktop reference today.
OBBBA’s New Trump Accounts: How to Win
Want a smart way to build wealth for your children? Trump Accounts offer free federal seed money for newborns, contribution opportunities, and tax-deferred growth that could turn an account into more than $1 million. See how these accounts work—and how to make them a winning strategy for your family
OBBBA Revamps and Enhances Educator Expense Deductions
Big changes are coming for the educator expense deduction. For 2025, teachers and school staff are limited to a modest $300 write-off—but in 2026, the rules expand dramatically under the OBBBA. Find out how these updates could mean larger deductions and smarter tax planning for educators.
August 2025
Keep the OBBBA Biz Grid on Your Desktop
Massive tax changes just dropped—and they could cost (or save) you and your business thousands. Our OBBBA desktop Biz Grid cuts through the One Big Beautiful Bill Act chaos with bold, clear business takeaways you can act on fast.
The OBBBA Individual Tax Changes Grid for Your Desktop
The One Big Beautiful Bill Act (OBBBA) made significant changes to your 2025 taxes (that’s this year’s taxes)—are you ready? Our five-page OBBBA Individual Grid breaks down what’s new, what’s gone, and what you can claim. Grab it now and get a handle on your 2025 and later taxes.
OBBBA: Convert Personal Vehicle to Business, Deduct Up to 100%
The One Big Beautiful Bill Act reinstates 100 percent bonus depreciation giving you favorable rules for converting your personal vehicle and other assets to business use. On the conversion, you can immediately qualify to deduct up to 100 percent of today’s fair market value on your existing personal vehicle (if it qualifies).
The OBBBA Increases the Tax Benefits of Employing Your Child
If you or you and your spouse own your business and you have children, you need to consider the financial benefits of hiring those children to work in your business. Some businesses benefit more than others, but almost all businesses likely come out ahead with this strategy. And every business needs to thank tax reform for the new increased standard deduction that a business owner’s child can use to pay zero in taxes.
OBBBA Adds a Possible Senior Tax Deduction (Ages 65 and Older)
Are you turning 65 by the end of 2025? The OBBBA could unlock up to $6,000 in bonus tax deductions—$12,000 for couples! Learn how to qualify and boost your savings with smart income planning.
OBBBA Enhances Your SALT Deductions
Frustrated by the $10,000 SALT cap? The One Big Beautiful Bill Act raises it to $40,000—but only for a few years and with income-based phase-outs. Learn how to maximize your deduction, leverage state workarounds, and combine benefits for tax savings.
OBBBA Charitable Giving Shake-Up: Winners and Losers
Thinking of donating to charity? The One Big Beautiful Bill Act brings sweeping changes—some that empower non-itemizers with new deductions, and others that raise costly hurdles for itemizers and corporations. Discover how these shifts could reshape your giving strategy—and why 2025 might be the smartest year to give.
OBBBA’s New 1099 Filing Rules
The One Big Beautiful Bill Act makes major changes to the filing requirements for IRS Form 1099-K and 1099-NEC. The threshold for 1099-NEC filing will be increased to $2,000 for 2026 and later. The threshold for filing Form 1099-K retroactively reverts to the rules in place before 2022—$20,000 in annual payments or 200 transactions.
How the OBBBA Impacts Your AMT Risk Starting in 2026
The TCJA reduced the odds of owing the AMT. The One Big Beautiful Bill Act changes that, starting in 2026. It lowers phase-out thresholds and doubles the phase-out rate, increasing AMT risk—especially for those with high capital gains or who exercise ISOs.
OBBBA Caps Mortgage Interest and Adds Mortgage Insurance
Wishing you could deduct more of your mortgage interest? The OBBBA keeps the cap tight—but adds a potential break for mortgage insurance premiums starting in 2026. Learn who qualifies and what’s phased out.
OBBBA Boosts Standard Deductions
The One Big Beautiful Bill Act locks in and boosts the standard deductions originally set by the 2017 TCJA, offering larger tax breaks starting in 2025. Single filers, married couples, and heads of household will all see increases, with annual inflation adjustments beginning in 2026. Additional deductions for seniors and the blind remain intact.