The tax reform 2017 Tax Cuts and Jobs Act (TCJA) passed December 22, 2017 and it’s successor the 2025 One Big Beautiful Bill Act (OBBBA) passed July 4, 2025 in part to make permanent many of the provisions of the TCJA 2017 that were due to sunset on January 1, 2026.

Executives and key employees often receive stock-based compensation in addition to salaries and bonuses. If restricted stock is part of your compensation, considering the potential tax consequences well before December 31 is a good idea.

Many individuals invest in real estate to help diversify their portfolio, create an income stream for themselves from rental income and build net worth over time. Often, this is a side activity to a career in another field or running another type of business — not the individual’s primary source of income. Holdings might range from a condo or small house you rent out to a multifamily residential building or even a commercial property.

Working remotely may broaden your job options and make daily life easier. But working from a different state than your employer — or spending part of the year working from a second home in a different state than where you normally reside — can create state tax issues. Because the rules vary by state, work arrangements that cross state lines warrant a closer look.