It comes as no surprise that recent events have had significant effects on the economy and businesses as a result. But with inflation causing soaring prices, many tax practitioners have experienced significant impacts on their professions. What challenges are tax practitioners experiencing in 2022, and how can they successfully navigate the effects on their professions?…
There are important tax changes coming this summer for families. Specifically, the child tax credit will enable families to get advanced payments. This is a change from prior years where the credit was calculated and paid out at tax time. The credit is not a new credit, but rather it’s an enhanced credit as part…
Earlier today, I blogged the story of my former law professor’s expulsion from the GOP in Delaware. I followed up via email with Professor Ting, who graciously agreed to answer a series of questions about the fiasco – and his quick views on the candidates and tax reform – despite the fact that he’s currently…