A new law - the One Big Beautiful Bill Act - introduces Trump Accounts, a brand-new savings tool that lets you start building long-term wealth for your kids from day one. Here’s why this matters: for children born between 2025 and 2028, the government will deposit $1,000 automatically when you elect the account using IRS Form 4547. From there, you (and even employers or nonprofits) can keep the momentum going—contributing up to $5,000 per year starting July 5, 2026. And unlike Roth IRAs,...

Property taxes are one of the largest ongoing expenses for homeowners — yet many pay them without verifying the accuracy of their assessments. If your home’s assessed value is too high, you may be overpaying. Here’s how to review and challenge your property tax assessment effectively: Steps to Review Your Property Tax Assessment 1. Understand How the Assessment Is Calculated Assessments are often based on a percentage of your home’s market value — not the full value itself. Check how your...

The latest tax legislation brings major wins – and a few cautionary notes – for business owners, especially those involved in capital...