The GOP Tax Plot Will Increase Deficit

The GOP Tax Plot Will Increase Deficit

According to the Congressional Budget Office (CBO), the new Senate GOP tax plan would increase the federal deficit by $1.4 trillion over the next 10 years. The projected deficit includes the Jobs Act, and the removal of the individual mandate inside the Affordable Care Act. However, insurance markets for non-group plans will remain stable throughout […]

Tax Season 2016 Just the Facts

Tax Season 2016 Just the Facts

Changes to prepare for in the 2016 tax season.¬†¬†According to The Columbian newspaper, taxpayers who do not have health insurance may be subject to larger penalties, however, some taxpayers may qualify for an exemption; there are exemptions, which are listed further down the page. Those who receive insurance from their jobs will have a new […]

Tax Scams to Watch Out for This Year

Tax Scams to Watch Out for This Year

The Internal Revenue Service (IRS) has reported an unusually high rate of tax crimes being committed this year and has warned taxpayers to watch out for themselves. IRS officials said the scammers are on a look out for personal information of the taxpayer, including account numbers, and that these scams can affect anyone. The top […]