Apr 1, 2026 | Uncategorized
On Wednesday, the House voted 211-207 to reject a joint resolution (H.J. Res. 139) that would have proposed an amendment to the US Constitution requiring a balanced federal budget. The measure has repeatedly fallen short of the two-thirds vote needed to advance the...
Mar 5, 2026 | Uncategorized
Tax season is the busiest season for tax scammers. Everyone is thinking about their returns and tax scams are in high season. A recent survey by McAfee found that 21% of all adults in the U.S. had been the victim of a tax scam costing them $1,000 or more. And every...
Oct 23, 2024 | Uncategorized
Congress passed the Corporate Transparency Act (CTA) which went into effect at the beginning of this year. It requires the majority of small businesses to report who the beneficial owner of their enterprises to the Financial Crimes Enforcement Network or FinCen....
Oct 17, 2024 | Chicago CPA, Uncategorized
I am a Sentinel. My job is to watch over the financial systems of the United States, keeping things fair, reasonable, and lawful. Without me, the system breaks down into lawlessness and anarchy. I am a common citizen with an uncommon desire to succeed at my God-given...
Sep 23, 2024 | Uncategorized
Back in the 1960’s, the IRS had a plan to create what is known as a Digital Silo. This is a database that contains all of the 154M income tax returns that are filed annually. The concept is that if all of them are housed in the same place, they’ll be...
Sep 17, 2024 | Uncategorized
Lenders are seeing an alarming rise in credit card balances and delinquencies on auto loans. This sign that Americans are struggling with their bills is setting off alarms all over the economy. Interest rates have been elevated for the past two years. In that period,...
