Section 899 is a big change in how the U.S. treats foreign investors. Some people think it’s a smart way to fight back against unfair taxes. Others think it could cause more problems than it solves.
As the Senate debates this new tax, everyone—from investors to business owners—will be watching closely.
If it becomes law, it may change the way the world sees investing in America.
The move to electronic payments is a big step forward. It means faster refunds, safer Social Security checks, and fewer lost or stolen payments.
While this change might take some getting used to, it’s designed to help millions of people. It saves money, helps the environment, and keeps your money safer.
If you haven’t made the switch to electronic payments yet—don’t wait. The deadline is September 30, 2025. Start preparing today, and you’ll be ready for a smoother, smarter future.
The stock market went down after the new tax bill passed. That’s because people are worried about debt, change, and fairness. Big money news like this touches everyone, not just Wall Street.
Stay alert. Ask questions. And remember—money may be complicated, but learning about it doesn’t have to be.
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 fight over the 2017 tax cuts is heating up. Some people want to keep the cuts going forever. Others say it would cost too much and add to the national debt.
No matter what side you're on, one thing is clear: this decision will have a big impact on your wallet, your community, and the country’s future. So it’s important to understand what’s happening and pay attention to the news.
We’ll keep you updated as Congress decides what to do. In the meantime, talk to your family, plan ahead, and make your voice heard.
Trump’s “One Big Beautiful Bill” is a big deal. It could change how much you pay in taxes, how much money the government spends, and what programs get funded. Some people love it. Others are worried. No matter how you feel, it’s important to stay informed.
We will keep watching this story and bring you updates as it moves through Congress. Remember, your voice matters!
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 $4,000 used EV tax credit is a great way to save money while doing something good for the planet. With the IRS’s updated list in May 2025, now is the perfect time to explore your options.
But before you buy, talk to a trusted CPA. They’ll make sure you qualify and help you file correctly. With their help, you can drive away with confidence—and cash saved at tax time.
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.
Arkansas has become the first state in America to stop taxing NIL and university earnings for college athletes. This gives students more money and schools more power to recruit top talent.
It’s a big win for Arkansas—and a big sign of what may be coming next across the country.
Whether you’re a student athlete, parent, or coach, the rules around NIL and taxes can get tricky. A trusted CPA can help you:
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.
A new Gallup poll shows that fewer Americans believe the tax system is fair, with public trust hitting near record lows in 2025. Discover what’s driving this sentiment and how it could impact you.
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!
Lawmakers are considering a massive tax increase on university endowments, which could impact top schools like Harvard, Stanford, and Princeton. While the government aims to raise funds, universities warn this move could mean less financial aid and higher tuition. Will this change help or hurt students? Read on to find out how this proposal could shape the future of higher education.
Illinois is facing a $23 billion budget deficit, sparking a heated debate over income tax changes. Some lawmakers want to raise taxes on the wealthy, while others argue that lower taxes will keep businesses and residents from leaving. With other states adopting flat tax structures or eliminating income taxes, Illinois must decide how to stay competitive. What’s the best path forward? Read on to learn how these tax changes could impact you!
The Senate’s decision to repeal the Biden-era crypto tax rule is a major shift for business owners considering cryptocurrency investments. With fewer compliance burdens, investing in Bitcoin, Ethereum, and DeFi platforms may now be more attractive. But does this mean businesses are free from tax obligations? Not exactly. Elite Consulting PC can help you navigate tax rules, minimize risks, and make smart crypto investment decisions for your business.