​WHITNAH CPA
 

Individual Income Tax Return  (Form 1040) Filing Deadline: April 15, 2026.         Extended filing deadline (file extension using Form 4868): October 15, 2026. The FBAR  (FinCEN Form 114) filing deadline coincides with the federal income tax return due date. An automatic 6-month extension is allowed, generally until October 15. Partnerships  (Form 1065): March 16, 2026 (extended deadline: September 15, 2026), or the 15th day of the third month after the end of the partnership

2025 Tax Rates for Individuals: Ordinary Income, Capital Gains, and Standard Deductions

As healthcare costs continue to rise, using a Health Savings Account (HSA)  paired with a High-Deductible Health Plan (HDHP) is becoming an increasingly popular strategy for managing expenses and saving for the future. A Health Savings Account (HSA) is a tax-advantaged savings account that allows you to set aside money to pay for qualified medical expenses federal-tax free, provided you are covered by an HSA-eligible high-deductible health plan (HDHP). The major advantages a

Charitable Gifts: 2025 may be the best year to make large charitable gifts before the new restrictions take effect. New rules from the One Big Beautiful Bill Act will change how charitable contributions are deducted starting in 2026, affecting both itemizers and nonitemizers.

Beginning in 2025, a new Senior Deduction will provide extra tax relief for older taxpayers. This deduction was introduced under the One...

The One Big Beautiful Bill: How Overtime Pay Is Changing

We bring together a rare combination of expertise—as Public Accountants, Tax Professionals, and Licensed Insurance Agents—all in one place. With these diverse credentials, we don’t just prepare taxes or crunch the numbers. We help individuals, families, and businesses see the bigger financial picture, manage risks, and create strategies to protect and grow their wealth. Instead of working with multiple professionals for taxes, compliance, and insurance.

As a CPA, my role is more than just preparing tax returns or crunching numbers. It’s about protecting my clients’ financial well-being...

This article will help to understand the concept of estimated tax payment and covers who must pay, how much to pay, due dates,...

In a sweeping move set to reshape the U.S. tax landscape for years to come, the “One Big Beautiful Bill” has officially been signed into...

Workers’ compensation is a critical component of business compliance when hiring employees or working with contractors. Requirements vary...

In May 2025, the U.S. House of Representatives narrowly passed a budget resolution, “The One, Big, Beautiful Bill Act” (OBBB), with vote...

A 529 Plan, often called a college savings pla n , is a tax-advantaged account designed to help families save for education expenses....

As summer approaches, many parents begin planning for their children’s summer activities. While summer camps offer invaluable...

When it comes to financial security, having a well-structured emergency fund is critical. But beyond the basic question of how much  you...

Preparing for a financial review or audit doesn't have to be stressful. With the right strategy and preparation, your business can...

As we move further into 2025, the IRS has announced several important updates that will affect taxpayers of all income levels. From...

As President Donald Trump embarks on his second term, his administration is advancing a series of tax policy initiatives that could...

Filing a tax return isn’t always the final step. Sometimes, life changes or honest mistakes require you to amend your return. But what...