

The Fair Tax Act – Very Unlikely, but Interesting
When Republicans took control of the House of Representatives, one of the first initiatives they vowed to tackle was the IRS. The...


Qualified Opportunity Zones
The Tax Cuts and Jobs Act of 2017 gave taxpayers new ways to defer taxes and realize the potential of large gains by investing in areas...


Social Security payroll tax cap set to increase for 2023
The Social Security Administration in late 2022 announced an 8.7% Cost of Living Adjustment for 2023. Along with that increase comes...


Treasury Department pushes Electric Vehicle tax credit decision until March.
When the Inflation Reduction Act was signed into law earlier this year, one provision caught the eye of many in the market for a new...


Social Security: The Drawback of Cost-of-Living Adjustments
I’m sure everyone is well aware by now that inflation hit a 40-year high of 9.1% earlier this year. In the past few months, this has...


Retirement Accounts Get a Boost In 2023
In 2023, retirement accounts will get a much-needed cost-of-living adjustment as inflation continues to rise. For most, this means you...


Reduce Your Tax Liability with Charitable Deductions
As we approach the end of the year, one important tax minimization strategy is through charitable donations. In 2021, special rules...


Changes coming to Bonus Depreciation in 2023
Bonus Depreciation is a great tax incentive that allowed businesses to immediately deduct a large percentage of the purchase price of...


Student Loan Payment Pause, again…
Federal student loan borrowers and the court system now have more time to figure out what is going on with debt forgiveness before...


When Times Are Hard and the IRS Comes Knockin’ (or Mailing Notices…)
There are a few situations in life that instantly give you that feeling of sickness in the pit of your stomach. For example, when you are...
































