The Hidden Gem of Personal Finance: Unveiling the Benefits of an HSA
We will delve into the benefits of an HSA and shed light on why it is an essential component of a well-rounded financial strategy.
taxes
The Inflation Reduction Act
In August 2022, congress added new tax provisions to the Inflation Reduction Act, that are designed to address health care, fight climate change, and reduce the country’s deficit. These new… Read More »The Inflation Reduction Act
Economic Nexus
In 2018, the Supreme Court overruled the previous ruling that states can only require sellers to collect tax when they have a physical presence in the state. Now, states can… Read More »Economic Nexus
Active or Passive? That is the question…
Income falls into three buckets Active Income (wages, business where the taxpayer is materially participating, etc.) Passive Income There are two kinds of passive activities. 1. Trade or business activities… Read More »Active or Passive? That is the question…
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