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Accounting and Accountability


Dec 29, 2025

In this episode: 

  • What Trump Accounts are, who qualifies, and why parents of young kids should pay attention in 2026.

  • How the “no tax on tips/overtime” headlines are misleading and what employers need to prepare for now.

  • Why hobby losses are red flags for the IRS, especially for side gigs that never turn a profit.

  • A timely breakdown of gift tax rules, including how to move money to family members tax-free and when you do have to file something.

  • Creative ways to give to charity, including donor-advised funds and how businesses can deduct donations as advertising.