Imagine earning billions of dollars annually and paying zero dollars in federal taxes. Sounds unbelievable, right? But for Tesla, the electric vehicle powerhouse led by Elon Musk, it's a reality.
While hardworking families get their taxes deducted every paycheck, some of the wealthiest companies...
Imagine a world where your paycheck arrives without income tax deductions. Sounds great, right? Well, that’s exactly what President Donald Trump is proposing—eliminating the federal income tax and funding the government primarily through tariffs. While it might sound appealing at first, there are...
In just a few weeks into 2025, a whirlwind of economic decisions by President Trump has everyone asking: Could these bold moves lead us to economic disaster, or are they the tough choices needed to steer America back on track?
From incentives encouraging federal workers to resign—impacting even ...
As we step into 2025, it’s evident that the global economy is at a critical juncture. From mounting global debt to inflationary pressures and the rapid evolution of AI, the challenges we face are profound—and they matter to everyone. Let’s break down some of these pressing issues and explore thei...
How to Secure Your IRS Tax Account and Protect Yourself from Identity Theft
Your personal information has likely been exposed to one of the largest data breaches in history. Even if you've been careful, a massive hack at National Public Data has compromised the personal details of millions of Am...
Have you ever wondered how much you can really trust the numbers reported by the government? From jobs to inflation, these statistics shape our understanding of the economy—but what if they're not as reliable as we think?
Between April 2023 and March 2024, the U.S. government quietly revised job...
Imagine waking up one morning to find your entire financial history—years of bookkeeping and tax data—vanished.
That’s the nightmare 35,000 businesses faced on December 27, 2024, when Bench Accounting, once a leader in the bookkeeping industry, abruptly shut down its platform. There was no warni...
If you're a freelancer, small business owner, or side hustler—or anyone using payment apps—you need to pay attention. The IRS has made big changes to how they track your income in 2024, and these changes could mean a much bigger tax headache when filing your taxes.
No one likes surprises at tax ...
Is the Economy Really Headed for Trouble?
Every time you hop onto YouTube, there’s a new video warning about an upcoming economic collapse. It’s hard not to feel a bit overwhelmed. Let’s face it—the stock market, Bitcoin, and even housing prices seem unusually high right now. Businesses are clos...
This year, the stock market has seen a strong run, and many investors have enjoyed gains in their portfolios. But what if some of your investments didn’t do as well?
Here’s the good news: even if you’ve had losses, you can use them strategically to reduce your tax bill. Stock loss harvesting can...
Imagine waking up, logging into your savings account, and seeing this: Balance: Zero. Your hard-earned money—gone. No warning, no safety net, just… vanished. Sounds impossible, right? Sadly, this is happening to thousands of people who trusted the wrong companies with their money.
Even tradition...
Did you know that a few easy tax moves could save you hundreds, if not thousands, come tax season? With changes in tax brackets, an increase in the standard deduction, and some new IRS reporting rules, 2024 is shaping up to be a year with a few surprises—and some costly mistakes to avoid.
In thi...
