In a climate of inflation and economic worry, a tax increase could be particularly detrimental to consumer sentiment, as it would further reduce disposable income and increase the perception of an economic burden.

In a climate of inflation and economic worry, a tax increase could be particularly detrimental to consumer sentiment, as it would further reduce disposable income and increase the perception of an economic burden.
The IRS has announced several important changes that will affect your tax filing for the 2025 tax year. This article will focus on three key areas: the new capital gains tax threshold, modifications to the Kiddie Tax, and the increase in Flexible Spending Account (FSA) limits.
A tax refund is basically the IRS giving you back your own money. It means you paid more in taxes throughout the year.
Why Trusting a Professional Accountant Like Eric Rodriguez from The Taxman 59 Is Essential for Your Business Running a business comes with countless responsibilities — managing sales, handling operations, keeping customers happy, and most importantly, staying financially organized. One of the most critical decisions you can make as a business owner is choosing the right […]
Tax season can be overwhelming, and with so many DIY tax software options available, it’s easy to assume you can handle your taxes on your own.