Why Now Is a Good Time to Review Your Withholding

Why Now Is a Good Time to Review Your Withholding

Filing your 2025 federal income tax return can provide valuable insights to help with 2026 tax planning. For example, if you receive a large refund or owe significant taxes for 2025, you can benefit from revisiting your withholding for 2026. Although a large refund...
Spousal IRAs Offer Retroactive Tax-Saving Opportunity

Spousal IRAs Offer Retroactive Tax-Saving Opportunity

Not all married couples earn dual incomes. For example, during the course of a marriage, one spouse may leave the workforce to care for a family member or tend to his or her own health issues. Regardless of why you left and whether it’s temporary or long-term,...
IRS Transition to Electronic Payments and Refunds

IRS Transition to Electronic Payments and Refunds

Overview Since September 2025, the federal government has been operating under Executive Order 14247, which directs federal agencies to transition receipts and disbursements, including IRS tax payments and refunds, to electronic formats “as soon as practicable.” This...
KWC Principals Named 2026 Top Financial Advisers

KWC Principals Named 2026 Top Financial Advisers

KWC is pleased to announce that Emily Crimmins, Howard Kramer, Wendy Kurz and Irene Walsh have been named as 2026 Top Financial Advisers (Tax Accountant category) in Washington, DC by Washingtonian Magazine. Emily Crimmins is a Principal in KWC’s Business Services...
Deductible Business Meals & Entertainment in 2026

Deductible Business Meals & Entertainment in 2026

Deductible Business Meals & Entertainment in 2026 Business meals and entertainment get tougher to deduct starting in 2026. The recent tax law change (often called OBBBA) tightens the rules on both what you can deduct and at what percentage. Big picture for 2026...