On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) introduced a landmark change in education funding: the federal Scholarship-Granting Organization (SGO) tax credit. Starting with the 2027 tax season (for tax years ending after December 31, 2026), individuals can lower their federal tax bill while supporting access to private K-12 education. How the […]

The One Big Beautiful Bill Act (OBBBA), signed into law in 2025, brings significant changes to the way individuals and businesses can claim deductions for casualty and theft losses on their tax returns. These updates are important for anyone who has suffered property damage, loss from disasters, or has been a victim of theft or […]

Under today’s federal income tax rules, most personal interest expense is not deductible. One big exception is qualified residence interest or home mortgage interest, which can be deducted, subject to some limitations, if you itemize deductions on your tax return. The One Big Beautiful Bill Act (OBBBA) adds another exception for eligible car loan interest.

If you’re making quarterly estimated tax payments, your amounts due could be affected by the One Big Beautiful Bill Act (OBBBA). The law, which was enacted on July 4, 2025, introduces new deductions, credits and tax provisions that could shift your income tax liability this year. Tax basics Federal estimated tax payments are designed to […]

How do you feel about AI? Artificial intelligence (AI) keeps improving, offering functionality and enhancements to most businesses. Have you considered that you may be able to use it to streamline operations, improve customer interactions, or uncover growth opportunities? Getting the max benefit calls for doing much more than jumping on the bandwagon. To make […]

The One Big Beautiful Bill Act (OBBBA), signed into law in 2025, brings several important changes to 529 college savings plans. At Rudler, we know that education planning is a top priority for many of our clients, and we want to help you understand how these new rules may affect your family’s savings and tax […]

At Rudler, PSC, we know many of our manufacturing clients are focused on expanding, modernizing, and investing in new facilities. A new law, the One Big Beautiful Bill Act (signed July 4, 2025), has created a major tax-saving opportunity to help with those investments. . Under Section 168(n) of the tax code, businesses can now […]

For 2025, the federal estate and gift tax basic exclusion amount, the amount you can transfer free of federal estate or gift tax, has increased to $13,990,000 per individual, up from $13,610,000 in 2024. The annual exclusion for gifts, the amount you can give to any individual each year without using your lifetime exemption, has […]

Rudler is here to help you understand and take advantage of the new charitable giving rules under the One Big Beautiful Bill Act (OBBBA). If you have questions about how these changes affect your tax situation, our team is ready to guide you. Overview of the OBBBA and Charitable Giving The OBBBA, effective for the […]

If you’re a taxpayer who dabbles in gambling—or a professional gambler—major changes are coming your way starting in 2026. The One Big Beautiful Bill Act (OBBBA) introduces a new twist to the long-standing rules around gambling losses, and it’s not a lucky break. Even if you’re a “break-even” gambler, Uncle Sam might still come knocking. […]