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 […]
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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, […]
Understanding the Extended Tip Credit Under the One Big Beautiful Bill Act (OBBBA)
The tip credit is a special tax benefit designed for businesses in industries where employees commonly receive tips, such as restaurants, bars, and certain personal care services. When employees receive tips from customers, employers are required to pay Social Security and Medicare taxes (FICA taxes) on those tips, just as they do on regular wages. […]
White House AI Action Plan Boosting Innovation Without Red Tape
On July 23, 2025, the White House released a new roadmap for AI called “Winning the Race: America’s Action Plan.” It’s 25+ pages and lays out 90 actions the federal government will take across three pillars – accelerating innovation, building AI infrastructure and leading in international AI diplomacy. There were three executive orders signed alongside […]