The government may soon lower taxes for many U.S. businesses. If you make goods in the U.S., you could pay just 15%. Other companies could pay 20%. This could mean thousands of dollars in savings for your business every year.
But to get those savings, you need to plan ahead. Our tax experts can help you understand how the law affects your business—and how to get ready. Don’t miss this chance to save.
Contact us today for a free consultation. Let’s make sure your business is ready for what’s next.
Waiting on your IRS refund in June 2025? The IRS is sending payments now, with most direct deposit refunds arriving by June 4 and paper checks by June 11. Learn the exact refund schedule, how to track your refund, and what to do if it’s delayed—plus tips to get your money faster next year!
The IRS layoffs may seem like a quiet story—but they could affect millions of Americans. If you're counting on a quick tax refund or need help with your return, now’s the time to act smart.
Filing early, e-filing, and choosing direct deposit can help you stay ahead—even when the IRS is short-staffed.
And if you need help making sure your return is correct and on time, we’re here for you.
Saving money can be hard. But the new MAGA and USA Accounts might make it easier for many families across the U.S. With tax-free growth, flexible spending, and even a $1,000 bonus for babies, these accounts could help millions of people build a stronger financial future.
Want to stay updated? Follow the news and talk to a tax expert or financial advisor. They can help you understand how to prepare if these accounts become available.
President Trump’s new tax bill has some big ideas. It wants to help workers and families pay less in taxes. That sounds great, but there are also big risks.
Adding trillions to the national debt could hurt the economy down the road. It might also mean cuts to important programs like Medicare and Social Security.
As lawmakers debate the bill, it’s important to pay attention. This bill could shape how America collects and spends money for years to come.
The 2025 Somerset County budget is great news. It shows that good planning can make a big difference. By spending money smartly, the county is helping families, improving neighborhoods, and building a better future.
This is a big win for everyone in Somerset County. Lower taxes, better services, and a stronger community—what more could you ask for?
Lewistown’s 2025 budget is still being discussed, but the proposed 5% tax increase is an important change to know about. If approved, it will begin on July 1, 2025, and will help pay for many services people use every day.
Whether you own a home, run a business, or just enjoy local events, this change may affect you. Now is the perfect time to learn more, speak up, and prepare.
Stay informed, stay involved, and help shape the future of your community.
The IRS’s decision to keep interest rates the same for the third quarter of 2025 might not seem like a big deal, but it’s something every taxpayer should know. Whether you owe taxes or are waiting for a refund, interest rates can have an impact on your finances. By paying your taxes on time and understanding how interest works, you can avoid paying more than you need to.
So, remember, if you owe taxes, try to pay as quickly as possible to avoid any interest. If you're waiting for a refund, the interest you receive may be small, but it’s always nice to get a little extra money if you can!
If you live in Florida or Georgia and were affected by recent hurricanes, the IRS has extended your tax deadline to May 1. A trusted CPA can help you make the most of this extra time, avoid penalties, and get back on track.
Missouri’s move to eliminate taxes on stock sale profits could create new opportunities for investors and businesses. At Elite Consulting, P.C., our CPAs help clients navigate these changes with personalized tax strategies, investment planning, and multi-state compliance support. Whether you're an individual investor or a growing business, we’ll help you make the most of evolving tax laws.
The IRS has released its 2025 inflation adjustments, including new tax brackets, higher standard deductions, and increased contribution limits—but what do these changes really mean for your wallet? In this guide, we break it down in simple terms and explain why hiring a CPA is your smartest move this tax season. From uncovering hidden deductions to helping you plan ahead, a trusted CPA can turn tax rules into real savings. Learn how Elite Consulting, P.C. helps clients take full advantage of these updates with expert advice and stress-free tax planning.
The end of the $800 tax-free import rule could make online shopping from overseas more expensive for U.S. buyers. New duties and fees may surprise shoppers, especially those running small businesses or frequent importers. Learn what’s changed, how it affects your wallet, and why consulting a CPA might help you navigate these new tax rules and avoid costly mistakes.
The IRS Direct File program helped thousands of taxpayers file for free and save an average of $160, but its future is now uncertain. As debate grows in Washington, many Americans are left wondering how they’ll manage taxes moving forward. This highlights the continued value of working with a trusted CPA—someone who can provide expert advice, find hidden savings, and ensure compliance with changing tax laws. Even as digital tools rise, personalized tax planning from a professional remains one of the best ways to keep more of your hard-earned money.
Whether you used Direct File or not, now is the perfect time to talk to a CPA. Don't wait until next April to start planning. Start now—and see how much smarter your tax life can be.
The IRS projects a tax gap of $688 billion for 2021, highlighting the challenges of tax compliance and enforcement. This gap is caused by underreporting of income, nonfiling, and underpayment, and it could lead to higher taxes for those who follow the rules. Elite Consulting can help you navigate these challenges, ensuring you’re filing your taxes correctly and taking advantage of all available deductions, so you don’t overpay. Let us help you reduce your tax liability and keep more of your hard-earned money.
Donald Trump is pushing back against new tax hikes on millionaires, warning it could send the rich packing. But what does that mean for everyday taxpayers? Discover how upcoming tax changes could affect you — and how a CPA can help you save legally and smartly.
Discover the DOJ’s decision to keep its Tax Division centralized in Washington, D.C. and learn why this move is essential for the future of tax law enforcement and tax cases across the U.S.
If you're a business owner or taxpayer feeling uncertain about the shifting tax laws, Elite Consulting PC is here to provide clarity. Our team of experienced tax professionals is ready to guide you through the complexities of tax regulations and ensure your business stays on track. Whether you're dealing with an IRS audit or simply looking for expert advice to optimize your tax strategy, we offer customized solutions designed to meet your unique needs. Reach out to Elite Consulting PC today and navigate the ever-changing tax landscape with confidence!
Climate nonprofits in the U.S. are facing new threats to their tax-exempt status under proposed actions by President Trump. This article explains what could change, how it impacts environmental charities, and what legal and public responses are underway—all in simple language anyone can understand.
The IRS has laid off thousands of workers during the busiest time of the year. Find out what this means for your tax return, refund delays, and how to stay prepared in 2025.
Congress is currently deciding whether to extend President Trump's 2017 tax cuts, a decision that could greatly impact your family's budget and future plans. Understand what these tax changes might mean for your finances, job opportunities, the health of the economy, and the growing national debt. Stay informed and prepared!
