After years of slow audits, taxpayer frustration, and seemingly endless mounds of paperwork, the IRS is now turning to artificial intelligence (AI) to overhaul its technology infrastructure, strengthen compliance, and improve taxpayer services. With funding from the...
According to a 2025 report from Realtor.com, an estimated 26.1% of U.S. homes are exposed to at least one type of severe or extreme weather risk.1 Extreme weather can strike unexpectedly, resulting in costly damage to your home and putting your family’s safety at...
If you follow the stock market, you have probably come across statements like stocks are expensive or overvalued, or this stock is cheap or undervalued. Whatever the terms, what is the point of reference for these opinions? There are many ways to measure the value of...
Sources: Internal Revenue Service, January 2, 2026; Experian, April 16, 2025 More than 100 million taxpayers — representing about 63% of individual returns — received refunds in 2025, with an average refund amount of $3,167. Here's how they planned to spend their...
With the enactment of the One Big Beautiful Bill Act (OBBBA) in 2025, taxpayers may now benefit from a new annual deduction of up to $10,000 for interest paid on qualifying new auto loans, effective for tax years 2025 through 2028. Vehicle requirements "Qualified...
It's easy to confuse Medicare and Medicaid, because they have similar names and are both government programs that pay for health care. But there are important differences between the programs. Medicare is generally for older people, while Medicaid is for people of all...
Contributing to a traditional 401(k) or IRA can help reduce your current tax bill, but you may run into some drawbacks in retirement. Withdrawals are taxed as ordinary income, and you must take required minimum distributions (RMDs) once you reach age 73 (age 75, for...
Source: Federal Reserve, 2025 A survey of consumer payment preferences found that credit cards are now used for 35% of all payments, a 17 percentage-point increase since 2016. Consumers are increasingly shopping, paying bills, and making person-to-person payments...
A will is an essential legal document that describes how your estate should be distributed upon your death. It is the basis for the probate process and can serve as a guide for your heirs. A letter of instruction has no formal legal status, but it could be just as...
When the One Big Beautiful Bill Act (OBBBA) was passed in the summer of 2025, there was some confusion in messaging from the Social Security Administration about taxation of benefits.1–2 Here is an overview that may help clarify any questions you have about the new...
