News & Resources

Rental or Business? Navigating the Tax Treatment of Short-Term Rentals

January 7, 2026|Jackson Thornton

Understand how the IRS taxes short-term rentals, from the 14-day rule to deductible expenses and 1099-K reporting. A must-read guide for short-term rental hosts.

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IRS Grants Employers Penalty Relief for 2025 Tip and Overtime Reporting

January 7, 2026|Jackson Thornton

The IRS is offering penalty relief for 2025 as employers struggle to comply with new reporting requirements for tips and overtime pay under the OBBBA. While businesses won't face penalties this year for failing to separately report qualified tips, overtime compensation, and occupation codes, this transition period is explicitly temporary—and smart employers will use it to prepare for full compliance in 2026.

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Revocable vs. Irrevocable Trusts: What’s the Difference?

January 7, 2026|Jackson Thornton

Trusts are powerful estate planning tools, but not all trusts are created equal. In this video, we break down the key differences between revocable and irrevocable trusts, including control, tax treatment, creditor protection, and long-term planning implications. Whether you're building a basic estate plan or preserving multigenerational wealth, understanding these two foundational trust structures is essential.

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JTWM Named a “Best RIA to Work For” by Financial Planning

December 30, 2025|Jackson Thornton

We’re pleased to announce that Jackson Thornton Wealth Management has been named to the 2025 Financial Planning “Best ...

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Perspectives – December 2025

December 5, 2025|Jackson Thornton

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2025 Year-End Tax Moves for Individuals & Families

December 3, 2025|Jackson Thornton

From expanded deductions and new above-the-line benefits to shifting phaseouts and sunsetting exemptions, 2025 offers unique opportunities for individuals to lower their tax liability before year-end. This guide highlights smart, timely moves to help you make the most of current law before key changes take effect in 2026.

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2025 Year-End Tax Moves for Businesses

December 3, 2025|Jackson Thornton

Explore essential 2025 year-end tax strategies for businesses, updated for the One Big Beautiful Bill Act (OBBBA). From QBI planning to bonus depreciation, entity structure, and reporting changes, this guide helps you make informed, compliant, and tax-smart decisions before year-end.

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Jackson Thornton Names New Principal

November 21, 2025|Jackson Thornton

Jackson Thornton is pleased to announce that Melanie D. Weed has been named a principal in the firm. ...

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Jackson Thornton Acquires Jackson, Howard & Whatley

November 18, 2025|Jackson Thornton

Jackson Thornton, a certified public accounting and consulting firm, is pleased to announce that it has recently acquired ...

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