If you’ve ever worked late nights, weekends, or double shifts, you’re likely very familiar with overtime pay. But the benefits […] The post No Tax on Overtime Explained: What the New Deduction Means for Your Paycheck appeared first on .

  One data breach can destroy decades of client trust overnight. During tax season, your firm processes thousands of sensitive … The post A data security checklist for tax firms using AI appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

To design an effective excise tax policy around smoking tobacco & nicotine products, it is crucial to consider the concept of harm reduction.

New Jersey’s proposed data tax on corporations is based on dubious premises and made worse by its poor design.

Since April, the tariffs that have been implemented in practice are mostly, but not exclusively, lower than what was originally threatened.

Under nearly any design option, sending out $2,000 payments to Americans would increase, not decrease, the federal budget deficit. A better way to provide relief from the burden of tariffs would be to eliminate the tariffs.

New Hampshire is one of the few states with no personal income tax, making it attractive for traders. However, the state imposes two separate business taxes: the Business Profits Tax (BPT) and the Business Enterprise Tax (BET). Traders with Trader Tax Status (TTS)—especially those using Section 475 mark-to-market (MTM)—need to understand whether these state taxes […]

Executive Summary Section 1202 of the Internal Revenue Code offers one of the most valuable tax breaks for investors: the ability to exclude up to 100% of capital gains on qualified small business stock (QSBS). The 2025 One Big Beautiful Bill Act (OBBBA) expanded these benefits by introducing tiered holding periods, raising per-issuer caps, and […]

If your mind is full of goals but they all seem so overwhelming that you keep putting them off, this article is for you. We look at how you can achieve more by aiming for less. The post 3 Achievable Financial Goals to Set Each Year appeared first on Etax - 2025 Tax Return Online.

When you’re weighing up the contractor vs employee career route, you’re not just choosing a job title, you’re shaping your lifestyle, income strategy, and long-term career path. In this guide, we explore the trade-offs between employment and contracting, giving you a clear outline of each structure, along with real-world examples. The post Contractor vs Employee: Which is best for you? appeared first on Etax - 2025 Tax Return Online.

What if you could retire at 40 instead of 67? Thousands of Australians are doing exactly that through the Financial Independence Retire Early (FIRE) movement. The FIRE movement (Financial Independence, Retire Early) is reshaping how Australians think about work, money, and lifestyle. It’s not just about escaping the 9-to-5 grind, it’s about gaining control over […] The post Exploring the FIRE Movement: A journey to financial freedom in Australia appeared first on Etax - 2025 Tax Return Online.

ATO Audits are conducted when ATO systems detect signs that someone is cheating on their taxes. The Australian Tax Office (ATO) now uses more advanced computers and IT to detect suspicious claims and fraudulent tax returns. Wrong or missing information on your return can, at best, lead to delays in your refund. However, it’s not […] The post ATO Audits are Now More Accurate at Finding Tax Cheats appeared first on Etax - 2025 Tax Return Online.

A new $1000 Instant Tax Deduction is coming next year. Here’s the short version: In the lead-up to the April 2025 federal election, the Government announced a “$1000 instant tax deduction”. They label this as “Tax reform for easier, faster, better tax returns”. They claim it will provide cost-of-living relief and make it easier and […] The post The $1000 Instant Tax Deduction: What It Means for You appeared first on Etax - 2025 Tax Return Online.