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How IRS Updates in 2025 Could Impact Your Tax Practice

Harness Wealth

These changes touch everything from estate planning to gig economy reporting—and they demand more than reactive form filing. In this article, we break down the most critical IRS updates for 2025 and what they mean for your advisory strategies, client communication, and competitive positioning going into a pivotal year for the profession.

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Preparing for the TCJA Sunset: What Tax Advisors Need to Know

Harness Wealth

While proponents of the TCJA lauded its potential to boost the economy, critics raised concerns about its impact on the national debt and its distributional effects. Additionally, there were temporary changes for individual income taxes, such as lower tax rates and a near doubling of the standard deduction. tax-paying arena.

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As economic pressures mount, investors are re-evaluating their financial priorities

Nationwide Financial

It’s important to know where clients are getting information to determine what factors are influencing their mindset and ultimately keep them engaged with what’s important in the long run. Whether or not the U.S.

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The Better Letter: The Culture of Charade

The Better Letter

The latest capacity utilization number may become a helpful piece of the economic puzzle, but it is highly unlikely to suggest any major change in the economy. Ongoing conspiracies to hide excessive fees , poor performance (among clients , managers , and the hedge fund industry ), and the value of indexing.

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Preparing for the TCJA Sunset: What Tax Advisors Need to Know

Harness Wealth

While proponents of the TCJA lauded its potential to boost the economy, critics raised concerns about its impact on the national debt and its distributional effects. Additionally, there were temporary changes for individual income taxes, such as lower tax rates and a near doubling of the standard deduction. tax-paying arena.