Many provisions in the 2017 tax law are slated to expire after 2025. Donald Trump wants the 2017 law made permanent.

Kamala Harris is sticking with this pledge:

The Financial Crimes Enforcement Network (FinCEN) has updated the beneficial ownership information (BOI) reporting FAQs on their website. Some of the latest additions are:

This week, we have created a new partnership with a company called Capsule.

People use Capsule to store information about people and organizations that they do business with and any necessary details related to them such as communications, documents, contact details, notes and more.

When you’re interacting with customers or sharing details with coworkers, Capsule helps you to be more informed about your interaction history and ensures everyone in your organization is on the same page.

The IRS is cracking down on more tax cheats this year but they don't enforce this standard on thousands of their own employees.

One of the subjects that politicians and the main street media love to push is that the rich don't pay their fair share of taxes.  But is that really true?  I thought I would give you some real statistics and let you decide.  Here is the latest data available from the IRS for 2021, in which the tax burden on high-incomers rose:

The top 1% of individual filers paid 45.78% of all U.S. federal income taxes, although they created only 26.3% of the total adjusted income.  These are people that had an AGI of more than $682,577.

One of the darlings of the Climate Change crowd is how wind power can save the planet.  The real truth is that it is more harmful than the other forms of energy production.  Here are some the REAL facts about wind farms, especially offshore ones:

Symantec, a California-based security firm, has issued a new warning to iPhone users after finding that cybercriminals are actively seeking to exploit Apple IDs through malicious SMS messages, which are designed to trick recipients into revealing their Apple ID credentials. It’s also used by hackers to access other sensitive information or to install malicious software on your iPhone.

Unfortunately, there are fraudulent tax return preparers out there who are lying to their clients about claiming clean energy credits under the Inflation Reduction Act (IRA).   This 2022 law was part of the federal government’s billion-dollar initiative to address bogus climate and energy challenges.  It allows any company in any industry to buy tax credits from developers of wind, solar, and other clean energy projects and lower their tax bill by the use of tax credits.

The Internal Revenue Service (IRS) has announced that it is proposing new regulations that would allow taxpayers to pay their taxes using credit cards or debit cards.   These proposed changes are based on provisions of the Trump-era Taxpayer First Act, which became law in July 2019. The goal of the Taxpayer First Act was to turn the IRS into a more taxpayer-friendly agency.

It appears that all that money you make with cryptocurrency can't be hidden anymore.  The Internal Revenue Service has issued final regulations&n

Social Security-related scams are very common, according to a March report from the Federal Trade Commission, which said it’s the number one “government imposter scam in the United States.”   In 2023 alone, consumers reported losing more than $126.5 million in Social Security-related scams.  That's millions!

The IRS has announced plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade, the U.S. Treasury Department says.  They plan to essentially stop “partnership basis shifting", which is a process where a business or person can move assets among a series of related parties to avoid paying taxes.