Couples May Score A Bigger Tax Break With This Flexible Spending Account Strategy

The American Rescue Plan boosted child-care assistance through temporary changes to dependent-care FSAs. The law increased 2021 dependent-care FSA limits to $10,500 from $5,000, offering a higher tax break on top of existing rules allowing more time to spend the money. CLICK ON THE HEADLINE FOR MORE

Biden’s $80 Billion Plan To Beef Up IRS Audits May Target Wealthy Small Business Owners

President Biden wants to boost IRS funding over the next decade to fight tax evasion from wealthy Americans and corporations. However, some financial experts say the plan may spark more audits for certain small businesses. FOR SOME TIPS TO AVOID TROUBLE,, CLICK ON THE HEADLINE

Spring Cleaning For Your Finances: CARES Act Provisions For Retirement Savings, Charitable Giving

The CARES Act includes provisions for things like retirement savings and charitable giving, and this Spring could be a good time to review your portfolio. CLICK ON THE HEADLINE FOR MORE