2025 Tax Shifts: How ACA Subsidy Loss and Wage Base Hikes Could Cost You More

Photo By Alexas Fotos As we approach the end of 2025, individual taxpayers face a perfect storm of policy changes that could significantly increase their tax burden in 2026. Two major developments—the expiration of enhanced ACA premium tax credits and the newly announced Social Security wage base—are poised to impact millions of Americans. ACA Changes and the Government Shutdown: A Costly Combination At the heart of the ongoing federal government…  Read more

7 things those affected by the LA Fires need to know about the IRS Tax Relief

The IRS has announced critical tax relief for individuals and businesses affected by the recent LA wildfires and straight-line winds. If you’re navigating the aftermath, here are seven essential points about this relief. 1. Extended deadlines for filing and payments The IRS has pushed various federal tax deadlines to October 15, 2025. This includes: Individual income tax returns and payments initially due on April 15, 2025. Quarterly estimated income tax…  Read more

Business Update – January 18, 2023

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. How will this recession be different from 2008? Economists predict a recession will arrive by the end of this year, but the downturn will likely play out much differently than it did in 2008. Leaders descend on Davos to talk about economics The World Economic Forum (WEF) returned to…  Read more

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