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EV buyers, beware! House GOP bill ends clean vehicle tax credits after 2025

by DunlapSLK | May 30, 2025 | Resources For Individual Taxpayers, Uncategorized

The U.S. House of Representatives has passed its budget reconciliation bill, dubbed The One, Big, Beautiful Bill. Among other things, the sweeping bill would eliminate clean vehicle credits by the end of 2025 in most cases. If you’ve been pondering the purchase of a...

Mitigate the risks: Tips for dealing with tariff-driven turbulence

by DunlapSLK | Apr 11, 2025 | Resources For Employers

President Trump’s “Liberation Day” announcement of global tariffs caught businesses, as well as foreign countries and worldwide financial markets, off guard. While the president has long endorsed the imposition of tariffs, many businesses expected him to take a...

An essential tax deadline is coming up — and it’s unrelated to your 2024 return filing

by DunlapSLK | Apr 8, 2025 | Resources For Individual Taxpayers

Tuesday, April 15 is the deadline for filing your 2024 tax return. But another tax deadline is coming up the same day, and it’s essential for certain taxpayers. It’s the deadline for making the first quarterly estimated tax payment for 2025 if you’re required to make...

FinCEN issues interim final rule on Beneficial Ownership Information (BOI) reporting

by DunlapSLK | Apr 4, 2025 | Resources For Employers

Entities created in the United States not required to file As promised, on March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that officially removes the requirement for U.S. companies to file beneficial ownership...

Do you have questions about taking IRA withdrawals? We’ve got answers

by DunlapSLK | Mar 28, 2025 | Resources For Individual Taxpayers

Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) — from your traditional IRA, SIMPLE IRA and SEP IRA. Since funds can’t stay in these accounts indefinitely, it’s important to understand the rules...
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Recent Posts

  • The One, Big, Beautiful Bill Act extends many business-friendly tax provisions
  • President Trump signs his One, Big, Beautiful Bill Act into law
  • The U.S. Senate passes its version of President Trump’s tax bill
  • 5 tax breaks on the table: What business owners should know about the latest proposals
  • The House passes The One, Big, Beautiful Bill Act: An overview of its tax provisions

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