August 25, 2025

Published by Gary Alan on August 25, 2025

Thomson Reuters Tax & Accounting News: AUGUST 25, 2025

Thomson Reuters Tax & Accounting News: AUGUST 25, 2025 Republicans Say AI Could Strengthen Tax Fraud Detection A group of Republicans on the House’s taxwriting committee […]

August 24, 2025

Published by Gary Alan on August 24, 2025

National Guard Mobilizing Across 19 States to Clean Up Democratic Party’s Alarming Failures. Pentagon officials confirmed to FOX News late Friday that up to 1,700 National Guard troops will mobilize across 19 states from August through mid-November to support the Department of Homeland Security’s “America First” mission, a sweeping crackdown to arrest and deport criminal illegal aliens while restoring law and order in metro areas gutted by rogue Democratic leaders after a decade of disastrous progressive policies that unleashed destructive violent crime waves.

Pentagon officials confirmed to FOX News late Friday that up to 1,700 National Guard troops will mobilize across 19 states from August through mid-November to support the Department […]

August 24, 2025

Published by Gary Alan on August 24, 2025

Latest Financial & Tax News, August 24, 2025

Financial news Key financial news for August 24, 2025 revolves around Fed discussions of potential rate cuts and the broader economic outlook, as well as the impact […]

August 23, 2025

Published by Gary Alan on August 23, 2025

In March of 2025, President Trump signed an executive order requiring the federal government to transition from paper checks to electronic payments for all payments and disbursements by September 30, 2025. This mandate, which includes federal tax return refunds and payments, marks a transformative moment for the U.S. tax administration system.

What this means for practitioners The policy direction is unmistakable—even if the timeline proves aspirational. Just as with e-filing mandates, digital will soon be the default. […]

August 23, 2025

Published by Gary Alan on August 23, 2025

“Mayor Bowser better get her act straight, or she won’t be mayor very long because we’re taking over with the federal government, running it like it’s supposed to be run,” Trump said. He also put other Democratic leaders in major cities, namely Chicago, New York, and San Francisco, on notice that he is coming to their town next.

Hundreds of criminals have been removed from the streets, and crime has significantly reduced in the city. Law-abiding citizens can now walk around freely without fear […]

August 22, 2025

Published by Gary Alan on August 22, 2025

Your Summer (Or Any Season) Travel Can Save You at Tax Time!

Your Summer Travel Can Save You at Tax Time How would you like to take a tax-deductible vacation this summer? That can’t be possible, can it? […]

August 22, 2025

Published by Gary Alan on August 22, 2025

According to the Census Bureau, the 5 major milestones of adulthood are living away from your parents, completing your education, getting a job, marrying, and living with a child. Since 1975, the success that our young people have had in attaining these milestones has declined dramatically…

According to the Census Bureau, the 5 major milestones of adulthood are living away from your parents, completing your education, getting a job, marrying, and living with a […]

August 22, 2025

Published by Gary Alan on August 22, 2025

For years, Jackson Hole has been the Fed’s launchpad for regime shifts. 2019 gave us easing hints. 2020 delivered FAIT, a framework shift that aged like milk and lit the fuse for the hottest inflation run since Volcker’s days. 2021 was the taper foreshadow. 2022 slammed “higher for longer” into the tape. 2023 softened into “proceed carefully.” Powell knows history remembers what gets said here. Markets do too. That’s why even if positioning is subdued, the event commands attention.

All About Jackson Hole The July FOMC minutes hit the tape last night and barely stirred the dollar’s drink. Whatever hawkish tint traders tried to extract was stale — […]

August 21, 2025

Published by Gary Alan on August 21, 2025

Mortgage interest rates remain significantly elevated compared to the pandemic-era lows in the range of 2% and 3%. As of the third quarter of 2024, 82.8% of homeowners with mortgages had rates below 6%, according to Redfin. This means a large number of Americans are experiencing the lock-in effect, unable to move or refinance because they’re hanging onto a once-in-a-lifetime rate.

15-year 5.82% 10-year 5.79% Jumbo mortgages 30-year 7.15% 15-year 6.34% FHA loans 30-year 5.88% 15-year 5.13% VA loans 30-year 6.29% 15-year 5.57% Note that Fortune reviewed the most […]