Come Out of a Recession With a Stronger Future and Better Outlook
Finally, if you’re worried and anxious about the uncertainty during a recession, devote some time to self-care. Engage in stress-relieving activities like meditation, yoga and stretching to help ground yourself.
Tax Pro Suggests How IRS Should Use Funds From Inflation Reduction Act
The Taxpayer Advocate does a good job monitoring the IRS and makes a large number of suggestions that are ignored by both the IRS and Congress. The IRS needs to open a dialogue with the Taxpayer Advocate and follow their recommendations regarding enforcement and everything else. Congress clearly needs to do the same.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.