High-5 Provision Removed From Trump’s One Big Beautiful Bill Act?
The “One Big Beautiful Bill Act” (H.R. 1), passed by the House on May 22, 2025, underwent late revisions to secure passage....
Tax Management in Retirement
The amount of taxes you pay in retirement can come as a shock if you’re not prepared. You may assume that because you are no longer...
Basics of the Progressive Tax System
The United States employs a progressive tax system, where the tax rate increases as an individual’s income rises. This structure aims to...
It’s Tax Day
Taxes have funded governments for centuries, evolving from tributes in ancient empires to structured systems today. In the U.S., the modern...
Tax Day Tips
April 15, 2025, tax day, is right around the corner. If you’re unable to file on time or struggling to pay what you owe despite...
Phishing Emails and Ghost Preparers – Beware Tax Scams
Phishing Emails and Smishing Texts Fake IRS Phone Calls Bogus or Ghost Tax Preparers False Tax Credit Schemes IRS Online Account Scams How...
Options For Individuals Seeking Tax Relief
Tax season is nearing which means people are readying their documents and preparing to file their returns by the deadline. However, there...
End-of-Year Tax Strategy
The year is quickly drawing to a close, so it’s important to take a moment and review your tax strategy. Though it might seem daunting...
Understanding Taxable Income vs. Earned Income
When it comes to taxes and benefits, it’s essential to understand the difference between taxable income and earned income. Earned income,...
IRS Announces Inflation-Adjusted Tax Brackets For 2025
Each year, the Internal Revenue Service (IRS) adjusts income tax brackets to offset inflation. Since inflation is currently lower than in...
