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!

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!

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.

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.

At Elite Consulting, PC, we specialize in helping U.S. citizens living abroad navigate the complexities of expat tax filing. With the IRS deadline approaching on June 16, 2025, our experienced team can ensure that your taxes are filed correctly and on time. We assist with tax breaks like the Foreign Earned Income Exclusion and help you avoid penalties. Whether you need help with foreign bank accounts, income from multiple countries, or business expenses abroad, we’re here to guide you every step of the way. Contact Elite Consulting, PC today for expert tax preparation tailored to expats.

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.

2025 is shaping up to be a great year for taxpayers. Bigger refunds and faster payments mean more money when you need it. Just make sure you file early, check your return carefully, and use direct deposit.

And remember—Elite Consulting PC is here to help you every step of the way. Whether it’s finding extra savings or making sure you don’t miss deadlines, they make tax time easier (and more rewarding) for you.

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.

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:

• Stay legal
• Keep more of your money
• Plan for long-term success

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.

President Trump’s new 10% import tariff is making waves—and prices—go up. From shopping on Temu to everyday goods, American families are feeling the impact. Find out what’s happening, why it matters, and how to shop smart in 2025.

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 2025 FIFA Club World Cup in the U.S. could cost teams more in taxes than expected. As your CPA, here’s how we’d help you lower taxes, avoid double taxation, and protect your earnings with smart planning—before kickoff.

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.