Only four states have ever switched from a graduated-rate income tax to a flat tax in more than a century of state income taxes. Another four states may pass legislation… Read More »States Inaugurate a Flat Tax Revolution
In light of high inflation and inflation , the Biden administration announced it’s considering dropping its current tariffs on Chinese imports to ease inflationary pressures. The tariffs have indeed hurt… Read More »U.S.-China Trade War Hurt American Industries and Workers
Claiming Elderly Parents as a Dependent If no one else claims your elderly parent as a dependent on your tax return, the Internal Revenue Service (IRS) authorises you to do… Read More »Can You Claim Your Elderly Parents on Your Taxes?
What would you do if you had over $3,000 in your bank account? Isn’t that a lot? If your tax refund is anything like the typical direct deposit tax refund… Read More »How to Use Your Tax Refund to Boost Your Retirement Savings
The fundamental brand of an accountant has always been compliance. Clients continue to rely on contemporary firms for on-demand and up-to-date technical knowledge, despite the fact that modern businesses have… Read More »How to keep up to date with accounting standards