Scott Looney CPA

05/05/2026

Early 2025 tax return data shows strong use of new middle-class tax breaks and higher refunds, but many eligible taxpayers still missed benefits, especially for tips and overtime. Read more.

Millions claimed new OBBBA tax breaks, but some may have missed out. Learn what changed and whether you should amend your 2025 return.

05/04/2026

Learn how OBBBA changes opportunity zone investments after 2026, including new deferral rules and the return of the 10% basis step-up.

04/30/2026

Waiting on your tax refund? Learn why delays happen, what a CP53E notice means, and the steps you can take now to track and resolve your refund.

Is your tax refund delayed? Learn common causes, including CP53E notices, and the steps to take to resolve issues and track your refund.

04/29/2026

States are debating millionaire taxes, wealth taxes, and luxury property surcharges. Here’s where major 2026 proposals stand nationwide.

04/28/2026

Can’t pay your tax bill? Explore IRS payment plans, offers in compromise, and other options to manage your tax debt effectively.

04/27/2026

Crowdfunding can be a great way to raise money, but it may have tax consequences. Learn what could be taxable and what to watch for.

04/27/2026

Here are the May 2026 Individual Due Dates

May 2026 individual due date reminder: Employees with tip income over $20 in April must notify their employer by May 11 for proper tax withholding.

04/23/2026

For taxpayers sitting on significant capital gains in 2026, the strategy for when to sell and reinvest in qualified opportunity zones (QOZs) has shifted dramatically. Under the new OBBBA rules, waiting until 2027 to reinvest can unlock far superior benefits compared to the original QOZ program framework.

04/21/2026

Saving for retirement can lower your tax bill today—check if you qualify!

04/20/2026

This Monday, don’t wait for the perfect moment—momentum begins with one small, intentional action.

04/17/2026

Quick tutorials can grow your audience and your income at the same time.