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Powell Tax Law Blog

Taxes 2023

Will There be Major Changes to IRS Tax Laws in 2023?

2022 is about to be put to bed, so that means we must look ahead to 2023, and for taxpayers that requires keeping up with coming IRS tax changes.

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How End-of-the-Year Giving Can Help Reduce Your Tax Burden

End of Year Giving
Taxpayers that did not donate to their favorite charities on Giving Tuesday last month still have time for year-end giving that can help red...
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For the Record: What Type of Documents to Keep and for How Long

Stack of documents
Shred it or keep it? It’s a question many of us ask when we look at an ever-growing pile of bills, receipts, documents, and records.
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You Don’t Have to be The Boss to Prepare for a Recession: Actions Employees Should Take

Man with back turned watching a recession begin
The odds of a recession in the U.S. economy in 2023 are not inevitable, but the likelihood of a widespread, prolonged downturn has grown thi...
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