Teachers Can Deduct Classroom Expenses This Year — With Even Bigger Savings Ahead

Back-to-school season often shines the spotlight on students and parents stocking up on supplies. But behind the scenes, countless teachers are also reaching into their own pockets to buy classroom essentials — and many aren’t reimbursed. The good news? Educators can already deduct certain out-of-pocket expenses on their tax returns. And starting next year, thanks […]

The New Federal Tax Credit for School Choice

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 […]

Car Loan Interest Tax-Free Under the New Law? Not quite.

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.

The next estimated tax payment deadline is approaching soon—now’s the time to review your payments and stay on track

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 can we integrate AI effectively?

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 […]

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 […]