Trump’s Tax Plans: How They Affect You As the 2024 election approaches, tax policy is a major topic for both candidates. Donald Trump’s proposed tax plan includes several notable changes that could affect taxpayers at all income levels. Here’s a breakdown of what Trump’s tax proposals entail and how they might impact you. 1. Extending…
Each year, the IRS adjusts the federal income tax brackets to account for inflation, and 2024 is no exception. These changes directly impact how much you owe in federal taxes based on your income. Whether you’re a business owner, freelancer, or employee, understanding how these new brackets affect you is essential for tax planning and…
When tax season rolls around, many people turn to well-known tax preparation companies like H&R Block, hoping for a quick and inexpensive solution. While these services are widely advertised as convenient, they often lack the expertise and personalized service that a certified accountant or tax professional can provide. Here are several reasons why using companies…
