Tax & Finance

Missed the April 15 tax deadline? Don’t panic — but the penalty clock is already running. Whether you owe the IRS money or you’re expecting a refund, this 2026 guide walks you through exactly what to do right now. The IRS charges two separate penalties when you miss the deadline: a 5% per month failure-to-file…

If you’re sixty-five or older, the new Enhanced Deduction for Seniors could reduce your federal income tax by up to $6,000 per person — or $12,000 for married couples where both spouses qualify. This deduction was created by the One Big Beautiful Bill Act, signed into law on July 4, 2025, and it’s available right…

The new No Tax on Overtime rule could save hourly workers hundreds or even thousands of dollars on their 2026 tax return. Under the One Big Beautiful Bill Act, qualifying workers can now deduct the overtime premium — the extra pay above your base rate — from federal income tax. If you earned $15,000 in…

The new No Tax on Tips rule could save tipped workers thousands of dollars on their 2026 tax return. Under the One Big Beautiful Bill Act, qualifying workers can now deduct up to $25,000 in tip income from federal income tax. A full-time server earning $40,000 in tips could save $3,000 to $4,000 at tax…

The 2026 filing season introduces some of the biggest tax changes in years. From brand-new deductions to updated credits, these seven changes could save you thousands of dollars — but only if you know about them before you file. In this video, we break down every change, including dollar amounts, income limits, and the new…