Jun 1, 2022 | News to Note
From Cars.com — By Brian Normile — If you’ve been shopping for or researching an electric vehicle, you’ve almost certainly heard about things like EV tax credits, specifically the federal government’s offer of a federal tax credit worth up to $7,500 if you purchase...
May 25, 2022 | News to Note
From the Federal Trade Commission’s FTC.gov — Scammers use lots of different tactics — stories about grandchildren in distress, million-dollar prizes, a romantic future, or a business deal — to try to steal peoples’ money. Scammers may demand payment by wire...
May 18, 2022 | News to Note
From Thomson-Reuters and the Pinnacle CPA Advisory Group — Medicare health insurance premiums can add up to big bucks, especially if your income exceeds certain thresholds. Here’s a summary of the different types of Medicare premiums and how they can affect your...
May 11, 2022 | News to Note
From Pinnacle Wealth Planning Services, Inc. — In March 2022, the Consumer Price Index for All Urban Consumers (CPI-U), the most common measure of inflation, rose at an annual rate of 8.5%, the highest level since December 1981.1 It’s not surprising that a...
May 4, 2022 | News to Note
From IRS.gov — Enhanced deduction for business meals, home office and more available this tax year WASHINGTON — The Internal Revenue Service on Monday, May 3, urged business taxpayers to begin planning now to take advantage of the enhanced 100% deduction for business...
Apr 27, 2022 | News to Note
From NextAvenue.org — As she celebrates one year in business, Patricia Wynn gets expert advice on how to tackle taxes | By Leslie Hunter-Gadsden | For new small business owners like Patricia Wynn, April signifies not only spring but also filing taxes for their...