Which electric cars are eligible for the $7,500 tax credit?

Which electric cars are eligible for the $7,500 tax credit?

Jun 1, 2022 | News to Note

From Cars.com — By Brian Normile —  If you’ve been shopping for or researching an electric vehicle, you’ve almost certainly heard about things like EV tax credits, specifically the federal government’s offer of a federal tax credit worth up to $7,500 if you purchase...
Avoid scammers’ money grabs during Older Americans Month

Avoid scammers’ money grabs during Older Americans Month

May 25, 2022 | News to Note

From the Federal Trade Commission’s FTC.gov — Scammers use lots of different tactics — stories about grandchildren in distress, million-dollar prizes, a romantic future, or a business deal — to try to steal peoples’ money. Scammers may demand payment by wire...
How your Medicare premiums can affect your taxes

How your Medicare premiums can affect your taxes

May 18, 2022 | News to Note

From Thomson-Reuters and the Pinnacle CPA Advisory Group — Medicare health insurance premiums can add up to big bucks, especially if your income exceeds certain thresholds. Here’s a summary of the different types of Medicare premiums and how they can affect your...
High inflation: How long will it last?

High inflation: How long will it last?

May 11, 2022 | News to Note

From Pinnacle Wealth Planning Services, Inc. —  In March 2022, the Consumer Price Index for All Urban Consumers (CPI-U), the most common measure of inflation, rose at an annual rate of 8.5%, the highest level since December 1981.1 It’s not surprising that a...
National Small Business Week: Plan to use ’22 tax benefits

National Small Business Week: Plan to use ’22 tax benefits

May 4, 2022 | News to Note

From IRS.gov —  Enhanced deduction for business meals, home office and more available this tax year WASHINGTON — The Internal Revenue Service on Monday, May 3, urged business taxpayers to begin planning now to take advantage of the enhanced 100% deduction for business...
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