The One Big Beautiful Bill Act (OBBA) was signed into law in July 2025, restoring the more favorable pre-2022 limit on business interest expense deductions. However, the OBBBA also introduced some less taxpayer-friendly changes to the interest expense provisions, which will have a negative impact on some companies. This article describes what business owners need to know.

Estate planning is essential for everyone, including single individuals without children. The law makes certain assumptions about married couples regarding financial and medical decisions should one spouse die or become incapacitated. But that’s not necessarily true for single people. This article explains that, without an estate plan, single individuals without children may be at greater risk of having courts make key decisions and suffering undesirable tax consequences.

Most married couples assume they should file joint income tax returns, and, usually, that’s the right choice. But under certain circumstances, filing separate returns may offer benefits. This article examines several situations where it may be advantageous to file separately rather than jointly.

This article consists of three tax brief tips. One tip for individuals describes a favorable change to the rules governing charitable deductions. Another tip describes a business deduction for local transportation costs. And a third tip helps taxpayers decide when is the best time to give away assets.