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In 2017, Equifax, a large consumer credit reporting agency, suffered a data breach. As a result, the data of 147 million people was compromised. Last week the Federal Trade Commission (FTC) and Equifax reached a compensation agreement for victims of the hack. Equifax has agreed to pay a settlement of between $575 and $700 million. […]
August 1, 2019
2 MIN READ
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The Internal Revenue Services (IRS) recently released updated optional standard mileage rates for 2019. These rates are used to calculate the deductible cost of operating an automobile for business, charitable, medical, or moving purposes. The term “automobile” includes any car, van, pickup, or panel truck. As of January 1, 2019, the standard mileage rates are […]
January 14, 2019
1 MIN READ
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The Congress at Work series of articles is designed to give you a glimpse of various types of legislation currently under consideration. While either the Senate or the House of Representatives may initiate a bill proposal, be aware that many bills never become law. They may never make it out of committee, be blocked by […]
November 14, 2018
3 MIN READ
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The House Republicans recently introduced legislation that, bundled together, is being referred to as Tax Reform 2.0. Expanding on the Tax Cuts and Jobs Act (TCJA), it’s composed of three main bills intended to address some of most criticized portions of the TCJA. H.R. 6760, Protecting Family and Small Business Tax Cuts Act of 2018 […]
November 14, 2018
2 MIN READ