Why CEOs Are Worried About The Latest Tax Law Changes?
Based on the latest tax law changes, CEOs are getting worried about a potential increase in corporate tax rate from 21% to 26.5%. To make...
Year-End Tax Strategies To Save On Taxes For 2021!
The end of the year is approaching fast, regardless of what new tax legislation that Congress passes, there are a few year-end tax...
1040 Extension Deadline Nears, Biden Administration Raises Taxes on the Wealthy
Top news today, 1040 extended due date. If you have applied for an extension for your 1040, October 15 is the last day to file your tax...
President Joe Biden Unveiled Tax Increases!
Recently President Joe Biden and house democrats have unveiled tax plans to raise levies on taxpayers making more than $400,000 of annual...
Tax Benefits For Charitable Givings Have Been Expanded!
Last December, the IRS enacted the Taxpayer Certainty and Disaster Tax Relief Act which provides several provisions to help individuals...
How Did Amazon Avoid Paying Taxes From Last Year's Success?
During the pandemic year, Amazon’s growth was remarkable. Yet, during 2020, Amazon’s effective tax rate was only 9.4%, a rate that is...
Biden's Plan To Raise Taxes On Corporations!
President Biden is planning to raise taxes on corporations and the wealthiest Americans to help fund the $3.5 trillion plan. This...