Joy and blessings, from our family to yours, this Christmas and every day.Merry Christmas!

Taxes in Everything: Die Hard Edition https://bit.ly/3Vrb3Sp 

It’s holiday time, but not everyone is sharing goodwill. Thieves are hoping to catch people off guard and a favorite target is senior citizens. Next month, the 2023 cost-of-living adjustment (COLA) rolls out automatically to Social Security (SS) recipients. But thieves have been using phone calls, texts and email to contact seniors, impersonating government agents. […]

Excise Taxes and Fees on Wireless Services Increase Again in 2022 https://bit.ly/3HXtOKq 

A new law aimed at bolstering retirement saving is closer to becoming reality after two years of fine tuning. The Securing a Strong Retirement Act of 2022 (Secure Act 2.0) is part of the omnibus spending bill that Congress is taking up before year end. This version was approved last spring by the U.S. House […]

The White House has released a comprehensive guidebook to the Inflation Reduction Act’s clean energy and tax incentives. It provides an overview of related programs and explains who’s eligible to apply for funding and for what activities. For example, several provisions encourage businesses to invest in communities most in need of new economic development. Consumer […]

The Global Minimum Tax is a done deal. On Dec. 12, 2022, the 27 members of the European Union (EU) unanimously agreed to implement the Organization for Economic Co-operation and Development’s tax framework. Until recently, Hungary had blocked the EU from moving ahead. But Hungary relented after the United States revoked its tax treaty. Now, […]