Jimmy Chilimigras is a 15-year-old boy who lives in Mississippi just a short mile from the Gulf of Mexico. From afar, Jimmy may look like your average teenage kid from the South who enjoys his family and the outdoors. However, … Continue reading
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Student Loan Relief Struck Down by the Supreme Court
One of the main initiatives that President Joe Biden planned to carry out has recently been struck down by the United States Supreme Court. Although the current president campaigned on the promise of canceling the student loans of more than … Continue reading
U.S. Private Sector Adds 496k Jobs in June
During the month of June, companies throughout America saw a huge increase in hiring activity. According to ADP’s National Employment Report, the private sector added almost half a million jobs last month, which is drastically higher than economists’ predictions … Continue reading
The IRS Continues to Award Whistleblowers
When compared to the previous fiscal year, the Internal Revenue Service has awarded more money to whistleblowers this year. Despite this being the case, the amount of money given by the IRS is still lower when compared to some of … Continue reading
2023 Brings Changes to the R&D Credit – DSJ Breakdown
Regarding the research & development(R&D) tax credit, some recent law changes regarding the credit are very important to note. This article will break down the key points to the law changes of the R&D credit. The R&D tax credit was … Continue reading
Hunter Biden Charged With Tax Related Crimes – DSJ Breakdown
Hunter Biden, son of U.S. President Joe Biden, has recently taken a plea deal for charges relating to tax and weapons crimes. The plea deal that was taken by the First son supposedly does not involve any jail … Continue reading
LACC – One of the World’s Most Exclusive Golf Clubs Saves $80 Million on Taxes
Residing in the middle of luxurious Beverly Hills, the Los Angeles Golf Club is considered one of the most secretive golf clubs in the entire world. The 320-acre property has a $250,000 initiation fee, and the club also hands out … Continue reading
Small Business Jobs Act Approved – DSJ Breakdown
On June 13th, The House Ways and Means Committee approved the “Small Business Jobs Act”. This is a big victory for small businesses all around the country, as contractors and other gig workers are able to raise capital, without the … Continue reading
Tax Preparation & AI – Weighing the Pros & Cons
As the accounting industry has evolved over time, many innovations and advances in technology have been made in order to make bookkeeping and tax preparation more efficient. Whether it was the inception of the adding machine, P.C. computers, laptops, calculators, … Continue reading
IRS Struggles to Reconcile Child Tax Credit Payments
The IRS was in a frenzy trying to reconcile the monthly payments of the Child Tax Credit that the agency issued in 2021 to the number of recipients that reported they received the CTC credit. According to a new report … Continue reading