Tom Talks Taxes

Tom Talks Taxes

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A publication for tax professionals who want expert analysis, practical guidance, and better results in their tax practice.

COVID-Era Refund Claims Due July 10, 2026
NewsApr 17, 2026

COVID-Era Refund Claims Due July 10, 2026

The U.S. Court of Federal Claims in Kwong v. United States held that the COVID‑19 disaster postponement under §7508A froze the §6532(a) refund‑suit deadline from Jan. 20, 2020 through July 10, 2023. A 2025 amendment, §7508A(f), now treats that frozen period as an extension...

By Tom Talks Taxes
An Overview of the Enhanced Senior Deduction
NewsApr 10, 2026

An Overview of the Enhanced Senior Deduction

The OB3 Act added §151(d)(5)(C), creating a senior deduction of up to $6,000 per individual 65 or older (or $12,000 for married couples) for tax years 2025‑2028. The deduction lowers taxable income, does not affect AGI, and can be claimed...

By Tom Talks Taxes