The Advisor Blog

Car filling up with gas at a gas pump.
IRS Announces Rare Mid-Year Standard Mileage Rate Increase

In an unusual mid-year action, the Internal Revenue Service has announced an increase in the optional standard mileage rates for computing the deductible costs of operating an automobile for business, medical, and moving expense purposes for the second half of 2026.

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401(k) Plans: The Basics

Retirement plans established under Section 401(k) of the Internal Revenue Code, commonly referred to as “401(k) plans,” are one of the most popular types of employer-sponsored retirement plans.

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Young couple in house unpacking or packing with boxes around; man carrying box; woman dancing with golden retriever dog.
Billions of AGI Shifting to Lower-Tax States

According to the latest IRS Migration Data released in early 2026, a trend in taxpayer relocation is emerging: Taxpayers are leaving states with higher income tax rates and moving to states with lower income tax rates.(1)

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Young child in store shopping for back-to-school items, school supplies, and classroom essentials.
Back-to-School Spending By the Numbers

Back-to-school season has begun, and families everywhere are filling their shopping carts with classroom essentials.

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College student walking on college campus with backpack and holding books.
Tax-Advantaged Ways to Save for College

In the college savings game, all strategies aren’t created equal. The best savings vehicles offer special tax advantages if the funds are used to pay for college.

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