by tosa accounting & tax | Dec 22, 2025 | Tax Tips and News
Good afternoon, We wanted to share an important tax update that may benefit many of you who earn tips. A new rule under the One Big Beautiful Bill Act (OBBBA) allows you to deduct certain cash tips from your taxable income for tax years 2025 through 2028 — even if you...
by tosa accounting & tax | Dec 15, 2025 | Tax Tips and News
Here’s another helpful update under the One Big Beautiful Bill Act (OBBBA), and this one may benefit anyone planning to purchase a new personal vehicle in the next few years. For tax years 2025 through 2028, you may be able to deduct the interest paid on a qualifying...
by tosa accounting & tax | Dec 9, 2025 | Tax Tips and News
As we gear up for the 2025 tax season, we’re excited to introduce our new newsletter series designed to help you stay informed of important tax changes, and prepared for planning opportunities. As a small, locally-owned firm, we value the trust you place in us. Our...
