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Powell Tax Law Blog

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SALT Act Changes Under the Big Beautiful Bill: What Taxpayers Should Know

Why SALT Matters More Than Ever If you own a business, file a joint return, or simply live in a high-tax state, the SALT Act has probably affected your tax bill more than you realize. State and local tax deductions can play a major role in ...

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What Happens If You Ignore an IRS Notice?

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While the odds of getting audited by the IRS are very slim – only 0.2 percent of individual income tax returns filed for the 2020 tax year f...
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Navigating New Tax Laws, Market Shifts and Opportunities in 2026

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Stay ahead of the curve as Powell Tax Law breaks down the upcoming tax law changes, shifting market dynamics and new opportunities for proac...
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Can You Claim a Tax Deduction After a “Pig Butchering” Crypto Scam?

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Losing money in a crypto scam is emotionally and financially devastating. After a pig butchering crypto scam, you may ask: Can you recover l...
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