Forget Politics—M.A.G.A. Accounts Could Pay Off | Quick Tax Tip

Money Accounts for Growth Advancement offer tax-free growth and even a $1,000 government kickstart.

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Quick Tax Tip
With Art Werner
CPE Today

Congress may have stumbled into a politically charged acronym, but the new “M.A.G.A. accounts” have nothing to do with campaign slogans. In a recent episode of Quick Tax Tip, tax guru Art Werner breaks down what the law actually created: Money Accounts for Growth Advancement.

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“These are tax-exempt trust accounts for U.S. citizens under the age of 18,” Werner explains. “For the right client, this could be really nice.”

Here’s how the accounts work:

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Disguised Tax Hikes Are Back on the Table | Quick Tax Tip

This stealthy tax rule could hit clients starting in 2026.

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Quick Tax Tip
With Art Werner
CPE Today

Every tax bill hides a few surprises, and the OBBB is no exception. According to tax guru Art Werner, one of those surprises could wallop high earners through the quiet return of the PEASE limitation.

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In the newest episode of Quick Tax Tip, he breaks down this often-overlooked provision, its history, and what it could mean for your clients.

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Werner: Tax-Free Tips? Not So Fast | Quick Tax Tip

A campaign promise turns into tax code reality—but only for a limited time.

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Quick Tax Tip
With Art Werner
CPE Today

On the latest Quick Tax Tip, tax guru Art Werner unpacks one of the buzziest provisions tucked into the “One Big Beautiful Bill”: the partial exemption of tips from taxation.

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During their campaigns, both former President Trump and Vice President Harris floated the idea of eliminating taxes on tips. Now, some of that rhetoric has made its way into law—but with caveats that every taxpayer, accountant, and employer in the hospitality sector needs to understand.

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Werner: Retain Talent AND Reduce Taxes | Quick Tax Tip

The PFML federal tax credit is no longer temporary. Here’s how to claim it, avoid pitfalls, and support your workforce.

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Quick Tax Tip
With Art Werner
CPE Today

If you’ve been taking advantage of the federal Paid Family and Medical Leave (PFML) credit, here’s some good news: It’s no longer set to expire. Thanks to recent legislation, the enhancement of this credit is now permanent—a significant win for employers who want to support their staff without taking a major financial hit.

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Catch more Art Werner, Wednesday, Sept. 3, for Tax Rumors, Episode 3, with CPA Steve Yoss, and hosted by CPA Trendlines’ Rick Telberg.

In the latest Quick Tax Tip episode, tax expert Art Werner breaks down exactly what this means for your business, how you can qualify, and the rules you must follow to keep this benefit in play.

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Werner: Avoid the Tax Traps of OBBBA | Quick Tax Tip

The One Big Beautiful Bill Act can reward smart planners—and punish the unprepared.

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Quick Tax Tip
With Art Werner
CPE Today

In the aftermath of the newly enacted One Big Beautiful Bill Act (OBBBA), taxpayers and businesses alike are scrambling to determine whether they stand to gain or lose under the sweeping changes. But according to tax authority Art Werner, the dividing line between winners and losers is clear: those who plan will win; those who don’t will lose.

Click here for more Art Werner

Catch more Art Werner, Wednesday, Sept. 3, for Tax Rumors, Episode 3, with CPA Steve Yoss, and hosted by CPA Trendlines’ Rick Telberg.

“There are always winners and losers in a tax bill,” Werner says in the latest Quick Tax Tip podcast. “But the best answer I can give at this point is that the winners are going to be the people who plan.”

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