Could Your Electricity Bill Be Going Up?
As Congress continues to roll out the One Big Beautiful Bill, new questions are surfacing about how its energy provisions might impact household budgets. A recent report from Energy Innovation points to […]
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Gambling Loss Deductions Face Major Change Under the Big Beautiful Bill
One of the most debated provisions in the One Big Beautiful Bill is set to change how gambling losses are treated for tax purposes beginning in 2026. Under the new rule, taxpayers […]
No Tax on Tips or Overtime? Here’s What the New Law Says
The One Big Beautiful Bill has introduced a major win for many U.S. workers, beginning in 2025, certain tips and overtime pay can be deducted from your federal taxable income. This change, […]
Permanent Tax Code Changes You Need to Know: What the Big Beautiful Bill Locked In
Big news for taxpayers: Several major provisions from the 2017 Tax Cuts and Jobs Act (TCJA) have just been made permanent, thanks to the recently signed Big Beautiful Bill. These changes impact […]
Breaking Down the One Big Beautiful Bill: What it means for your wallet
President Trump’s “Big Beautiful” Bill is officially law, signed on July 4th. But despite the fanfare, most Americans won’t feel the effects immediately. While a few provisions are already in effect, many […]
IRS to Send Automatic Payments to Eligible Taxpayers Who Missed Recovery Rebate Credit
Hey, taxpayers! Big news from the IRS! If you missed claiming the Recovery Rebate Credit on your 2021 tax return, you could be getting money sent your way; automatically! Here’s what you […]
What Happens if Trump Takes Away the IRS?
Nobody enjoys paying taxes, and let’s face it; most people aren’t exactly fond of the IRS either. But we’ve always heard that the only certainties in life are death and taxes. So, […]
The IRS and How They’re Using AI: A New Era of Tax Enforcement
The IRS is stepping into the future—and AI is leading the charge. But as artificial intelligence becomes a bigger part of tax enforcement, the big question is: Is this a win for […]
IRS Announces the Start of Tax Season
The IRS has officially announced the start date for the 2025 tax season! Mark your calendars and get ready because you can begin filing your tax returns starting January 27, 2025. This […]
California Is Offering Tax Relief For Wild Fire Victims
In response to the devastating wildfires that have swept through Los Angeles County, California is offering tax relief measures to affected residents and businesses. Governor Gavin Newsom announced that the California Franchise […]
IRS to Send Automatic Payments to Eligible Taxpayers Who Missed Recovery Rebate Credit
The IRS is taking steps to help taxpayers by sending automatic payments to individuals who missed claiming the Recovery Rebate Credit on their 2021 tax returns. Here’s what you need to know: […]
How Investor Concerns Are Shaping the Economy and Banking in 2024
Today, we’re talking about something that’s on everyone’s mind—how the concerns of investors are shaping our economy and banking in 2024. If you’ve been keeping an eye on the markets or just […]