The new tax, climate, and healthcare plan that President Biden signed into law last week aims to slow the pace of raging inflation and promises lower healthcare and energy costs down the line for families. 

But the full impact of the new legislation on Americans’ finances is yet to be realized.

The following articles shed some light on how your taxes could be affected this year, what you can do now to prevent potential headaches or surprises next April, and some other useful and interesting information from this week. Know that I am closely monitoring the ongoing economic situation and can recommend potential changes to your strategy to help protect against inflation or a recession. Get in touch, and we can discuss.

I hope these articles inform and inspire you. Let me know if you have any questions or comments. I look forward to connecting with you soon.

How The Inflation Reduction Act Could Lower Women’s Costs

Thinking About Taking Year End Tax Losses? Don’t Make These Mistakes

The $80 Billion IRS Infusion Means More Audits—in 2026 or 2027

How to Catch Up on Retirement Savings at Any Age

You Might Want to Do Your Holiday Shopping…Now

Click here to listen to the podcast: First Paycheck Planning