CPA Blog (Nerd Talk)Crunching Numbers. Nurturing Finances. Tax Talk.

Does The Big Beautiful Bill Cut Taxes On Social Security?

Few questions matter more in retirement planning than how much your Social Security income will end up in your pocket. For decades, seniors have had to worry about a portion of their benefits being taxed, depending on their overall income. That changed in 2025 with the passage of the One Big Beautiful Bill, sweeping legislation …

Does The Big Beautiful Bill Increase Child Tax Credit?

Many families we work with have the same question: Does the new One Big, Beautiful Bill raise the Child Tax Credit? The answer is yes, and there are some other important updates you should know about, too. As your CPA team, we want to walk you through what’s changing, what stays the same, and how …

Qualified Tips Explained: IRS Guidance Every Business Should Understand

The IRS recently released proposed regulations that clarify which types of tips qualify under the new No Tax on Tips provision of the One Big Beautiful Bill Act. This guidance is essential for both employees and employers in industries where tips are a standard part of compensation. While the rules are not yet final, they …

When Does The EV Tax Credit End?

The federal tax credit for electric vehicles (EVs) has been an essential incentive for taxpayers interested in lowering the cost of switching to clean energy. Recently, changes were made through the One Big Beautiful Bill that will affect when this credit ends. As a CPA firm, we want to ensure you understand the new deadline, …

IRS Is Breaking Up With Paper Checks – Here’s What’s Coming

Paper is Out – Digital is In Big news, tax nerds: the IRS is officially phasing out paper checks by September 30, 2025. That’s right—no more writing checks to Uncle Sam and no more refund checks in your mailbox. Thanks to a March 2025 executive order, every federal agency (IRS included) is going fully digital. …

What Is The Educator Expense Deduction?

With a new school year underway, many teachers and school staff are again reaching into their pockets to cover classroom supplies and other essentials. The IRS recognizes this financial commitment and provides an above-the-line deduction to help ease the burden. Here’s what you need to know about the 2025 rules for the Educator Expense Deduction. …

Taxes On Overtime Pay? What’s Happening With The New Law?

A major federal tax change is making headlines in 2025, especially among hourly and tipped workers. With the signing of a new law, many are asking: Did no tax on overtime pass? When does the no tax on overtime start? This article breaks down what has changed, who it affects, and how it may impact …

Michigan Tax Refund Status: How To Check Your Status

If you are a Michigan resident waiting on your state tax refund, you are not alone. Each year, thousands of taxpayers ask, “Can I track my Michigan tax refund?” The good news is, yes, you can. The State of Michigan provides ways to check your refund status so you can stay informed and plan accordingly. …