At Alloy Silverstein, we’re closely tracking developments that may create meaningful tax savings opportunities for clients. The recent Kwong v. United States decision is one of those developments. For some taxpayers, it could create an…

While summer is often focused on travel and celebrations, certain seasonal activities can affect next year’s tax return. Plan now to help reduce surprises and identify opportunities before year-end.  Peak wedding season  Filing status, combined income, and tax bracket…

Summer 2026 Tax Deadlines June 15, 2026 – Second quarter 2026 individual estimated tax payments are due. July 31, 2026 – Due date for filing 2025 retirement or employee benefit plan returns (5500 series) for…

Tax planning is not just about how much money you make. It is also about where your income comes from, how it is taxed, and whether your current strategy still fits your situation. Two taxpayers…

Executive Order 14247 requires federal disbursements, including income tax refunds to migrate from paper to digital form. As can be imagined this is causing some bottlenecks in receiving refunds. Through mid-March, 1.4 million refunds were…

With the April 15 tax deadline quickly approaching, many taxpayers still have questions about what happens if they need more time, owe more than expected, or discover changes after filing. Whether you are finalizing your…

Tax season often comes with a long to-do list, and for many individuals and business owners, that includes sending important financial documents to your CPA. While convenience may tempt you to quickly attach files to…

The “no tax on overtime” provision, introduced under the One Big Beautiful Bill Act and signed into law on July 4, 2025, has gained a lot of attention, but the name is a bit misleading….