The IRS recently announced annual inflation adjustments to several tax provisions for tax year 2023. These changes are applicable to returns that will be filed in year 2024. It is important to know how changes in the tax rates and...

With the passing of the Inflation Reduction Act of 2022, there are some possible tax planning opportunities relating to green energy credits. The majority of the spending in the Act is for tax credits encouraging renewable energy and reducing...

The House has passed the Build Back Better Plan. The Bill now goes to the Senate, where additional compromises and changes could be made. Here are the Plan's tax provisions and how they could affect you.

The Democratic Majority of the House Ways and Means Committee has released tax proposals to be included in proposed budget reconciliation legislation. These proposals present several new spending initiatives in the areas of infrastructure, green energy, social safety net,...