Read more about the article Everything You Need to Know About the Inflation Reduction Act

Everything You Need to Know About the Inflation Reduction Act

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On August 16, President Biden signed the Inflation Reduction Act of 2022 into law. This comprehensive bill targets making health care and prescription drugs more affordable, fighting climate change, taxing wealthy corporations, and more funding for the IRS. Although the President has signed this bill, some savings in the bill won’t kick in right away. For example, efforts to lower drug prices, including caps on their costs for seniors, won’t take effect until 2025.

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Read more about the article How The IRS Is Trying To Speed Up The Paperwork Process

How The IRS Is Trying To Speed Up The Paperwork Process

Owing the IRS money is a stressful process. Adding long wait times to that process just makes the stress even worse. But, as many people have experienced recently, long wait times for tax documents processing have become a common problem. This isn’t just because the IRS wants to make you wait. They are working hard to fix the problem, even if it may not seem that way to everybody.

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Read more about the article The New Overtime Rules: What They Mean to Small Businesses (and to All of Us)

The New Overtime Rules: What They Mean to Small Businesses (and to All of Us)

Reports about the new overtime rules have been scattered across news outlets and social media. But what exactly is changing? And how will it affect small business owners (and their employees)? Read on to learn more and to see what you’ll need to do to prepare.

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