With the $1.9 Trillion COVID-19 stimulus funding relying on government debt, President Joe Biden now plans to increase the tax rate for individuals and corporations. This tax increase aims to fund infrastructures, climate change, help poor Americans, and change the system’s inequalities. Implementing these tax hikes will repeal Donald Trump’s…


Last Wednesday we saw the house pass one of the largest economic relief bills in American history: The American Rescue Plan (ARP). Some of the biggest parts of the bill include $1400 direct payments to taxpayers who earned less than $75,000 per year, millions for schools and vaccine distribution, along…


accounting advisory services

In this article, Edward Mendolwitz breaks down what is important as we have just passed March 15th in regards to the busy tax season. In any year March and April are some of the busiest months for accountants, however, with the stimulus checks and unemployment benefits, this tax season will…


Wealth management

Recently, the Internal Revenue Service has failed to collect over:

  • 2.4 Billion dollars from wealthy Americans who owe the federal government in tax.
  • This was found when auditors were only able to collect: 39% of more than $4 Billion in unpaid taxes from those who earn over 1.6 …

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