With a new phase of leadership possibly on the horizon many families are wondering what changes might come to their finances, especially regarding tax benefits. One program under the spotlight is the Child Tax Credit (CTC) which helps millions of American families every year. If Donald Trump wins another term in office there could be … Read more
Retirees take note! Prices on everyday essentials might rise sharply in 2025. Why? President-elect Donald Trump’s proposed tariff policies on imported goods could lead to significant cost increases. Let’s break it down. On November 25, Trump shared on his Truth Social platform: “On January 20th, as one of my many first Executive Orders, I will … Read more
Donald Trump the former US President and current president elect recently announced plans to establish a new federal agency called the External Revenue Service (ERS). This agency aims to collect revenue from foreign sources including tariffs and duties. Trump’s vision marks a significant departure from traditional IRS tax collection methods emphasizing a shift towards holding … Read more