The 2021 tax season is just a few weeks away; are you missing out on any deductions? There have been numerous changes to tax law over the past two years, and it can be difficult to keep up. Below is a brief summary of some of the changes that may affect your 2021 tax return. … Read more
President Bidens Build Back Better infrastructure framework, first proposed in the Spring of 2021, received a new coat of paint with a press release issued by the White House on October 28th, 2021. The latest version of the proposal is scaled back both in spending, $1.85b compared to $3.75b, and in tax reform. The most … Read more
Many individuals have broadened their investment horizons beyond the U.S. boarders, but how do you know if you need to report certain foreign activities to the IRS? Lets talk about the basic requirements and thresholds. There are two possible forms to complete to report your foreign accounts: (1) Foreign Bank Account Report and/or (2) Statement … Read more