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Important Stimulus News for the Month of August 2022

In the years 2020 and 2021, in the midst of the worst of the coronavirus pandemic, the United States government showered consumers and businesses alike with a variety of forms of economic stimulation to keep the economy steady. Since that…

What $80B in IRS Funding Means for Your Taxes

The most recent edition of the Tax Report was published at the same time that Congress was debating the Inflation Reduction Act; in it, they reviewed the bill's proposed new funding of $80 billion for the Internal Revenue Service. More…

The FED Says the Pace of Rate Hikes Will Slow

In the minutes of the Federal Reserve's policy meeting that took place in July and resulted in a second massive rate increase of 0.75 percentage points, the Fed officials stated that it will take some time to bring "unacceptably high"…