Phyllis Jo Kubey, EA CFP ATA ATP

Important news from taxgirl

Surprise: You May Be Owed An IRS Refund For Payments Made During The Pandemic A federal court ruling could reopen the window to recover or abate penalties and interest accrued during the COVID-19 disaster. Act fast—the deadline for claims is July 10, 2026.

Super helpful chart from taxgirl!

With strict rules and limited tax benefits, Trump accounts aren’t right for every family—particularly if they’re not eligible for government or private seed contributions. They're likely best used alongside existing accounts.

I made a chart to compare how they stack up against other accounts. Here you go.

Link to article with more info here:
https://www.forbes.com/sites/kellyphillipserb/2026/01/30/is-a-trump-account-the-right-savings-plan-for-your-children/