IRS Annual Inflation Adjustments
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...
Read moreIndividual Tax Provisions of the Inflation Reduction Act
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...
Read moreThe Asset Allocation Balancing Act: To Reduce Risk, Increase Diversification
You see and hear it everywhere: “Individual stock or fund performance is the most important element of investing.” To us, this approach is counterproductive to long-term financial success because study after study has concluded that the critical factor is...
Read moreTax Proposals Included in the Build Back Better (BBB) Act
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.
Read moreTax Proposals Introduced by House Ways and Means Committee
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,...
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