Inflation Tax Basics

Inflation Tax Basics

Today, we’re going to talk about something that’s been causing a real headache for all of us lately: inflation. Prices are going up like crazy, and a lot of that is due to the Federal Reserve’s policies over the last couple of years. They’re...
How Does Inflation Impact Taxes?

How Does Inflation Impact Taxes?

We don’t want to over-inflate a balloon because it will pop.  It’s simply too much pressure. This law of physics expands to more than just balloons. Inflation applies to taxes too. Every year the IRS adjusts the tax brackets to ease the pressure of (over)inflation and...