Section 168(n): A New Tax Break for Manufacturers

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 […]

Estate and Gift Tax Exemptions: 2025 Updates and What’s Ahead

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 […]

New Gambling Tax Rule Alert: Why Breaking Even Could Now Cost You

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. […]

How can your business set the stage for organic sales growth?

For businesses looking to reach the next level of success, there’s no bigger star than organic sales growth. Simply defined, this is achieving an increase in revenue through existing operations rather than from mergers, acquisitions or other external investments. As you’ve likely noticed, coaxing this star into the spotlight isn’t easy. How can you set […]

The OBBB Act and the Child Tax Credit: Key Updates for 2025 and Beyond

In July 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, introducing sweeping tax reforms that are set to reshape the financial landscape for American families. Among the most significant provisions is a permanent expansion of the Child Tax Credit (CTC), aimed at providing enhanced support to families with children. This change […]

Still Paying AMT? Here’s What Changed (and What Didn’t)

The alternative minimum tax (AMT) is a separate federal income tax system that operates alongside the regular tax system — but with important differences. Unlike the regular system, the AMT targets certain types of income that are typically tax-free and disallows some common deductions. If your AMT calculation results in a higher amount than your […]

The OBBBA Phases Out Clean Energy Tax Incentives

The recently passed One, Big, Beautiful Bill Act (OBBBA) marks a significant shift in federal tax policy, as President Trump and congressional Republicans move to curtail several clean energy tax benefits that were established or expanded by the Inflation Reduction Act (IRA). Below is an overview of the major individual tax credits that are scheduled […]

Ohio House Bill 96: What Ohioans need to know

Ohio’s newly passed House Bill 96 introduces a number of tax changes that could affect individuals, businesses, and local governments starting in 2025 and beyond. As part of the state’s biennial budget for the 2026–2027 fiscal years, the bill outlines adjustments to income taxes, property tax structures, and updates to several credits and exemptions. In […]

A New Era for Overtime: Tax Relief Arrives

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, brings a host of tax changes for individuals and businesses. Among the most notable for working Americans and their employers is a brand-new deduction for overtime pay. For the first time, qualifying overtime compensation can be deducted directly from taxable income, […]