by idei | Mar 14, 2025 | TaxBiz
In 2022, the average American spent approximately $12,914 on healthcare, according to data from the Centers for Medicare & Medicaid Services (CMS). A Health Savings Account (HSA) is a valuable tool to help manage and reduce these costs. An HSA is a specialized...
by idei | Mar 6, 2025 | TaxBiz
A key economic priority for President Trump this year is to extend the provisions of his signature Tax Cuts and Jobs Act (TCJA), a 2017 law that reduced tax rates for most Americans, before they expire at the end of 2025. Now, Republican lawmakers have drafted a...
by idei | Feb 27, 2025 | TaxBiz
As House Republicans seek to identify spending cuts to finance President Donald Trump’s tax reductions, they have proposed measures that could lead to higher federal student loan payments for millions of borrowers. Republican legislators are anticipated to...
by idei | Feb 20, 2025 | TaxBiz
As tax season kicks off, it is essential to prepare for filing your 2024 tax return and to remain vigilant against scammers who are already active. Do not fall victim to their tactics. Many individuals neglect to safeguard their personal information online, and the...
by idei | Feb 6, 2025 | TaxBiz
Many taxpayers are keen to submit their returns in order to receive a refund; however, it is crucial to first collect all necessary tax documents to avoid an audit. It is essential to remember that submitting an incomplete return can alert the Internal Revenue Service...