The “Silicon Six” — Amazon, Apple, Meta, Netflix, Alphabet, and Microsoft — reportedly avoided paying $278 billion in U.S. taxes. Learn how they did it, why it matters, and what it means for everyday Americans, explained in simple terms.

A new Gallup poll shows that fewer Americans believe the tax system is fair, with public trust hitting near record lows in 2025. Discover what’s driving this sentiment and how it could impact you.

Congress is currently deciding whether to extend President Trump's 2017 tax cuts, a decision that could greatly impact your family's budget and future plans. Understand what these tax changes might mean for your finances, job opportunities, the health of the economy, and the growing national debt. Stay informed and prepared!

Maryland is facing a tough money problem, but the new budget plan is trying to fix it. The state will raise some taxes and cut some spending to balance the budget. Most people won’t see big tax changes, but some services might be affected.

We’ll keep watching this story and bring you updates as things happen. In the meantime, it’s a good idea to stay informed and ask questions if you’re unsure how this may impact you.

Need Help Understanding the New Tax Rules?
Whether you’re a business owner or just curious about how these changes could affect your wallet, we’re here to help. Contact our team today to schedule a quick tax check-up or budget planning session.

Lawmakers are considering a massive tax increase on university endowments, which could impact top schools like Harvard, Stanford, and Princeton. While the government aims to raise funds, universities warn this move could mean less financial aid and higher tuition. Will this change help or hurt students? Read on to find out how this proposal could shape the future of higher education.

The Senate’s decision to repeal the Biden-era crypto tax rule is a major shift for business owners considering cryptocurrency investments. With fewer compliance burdens, investing in Bitcoin, Ethereum, and DeFi platforms may now be more attractive. But does this mean businesses are free from tax obligations? Not exactly. Elite Consulting PC can help you navigate tax rules, minimize risks, and make smart crypto investment decisions for your business.

A proposed tax bill could eliminate taxes on tips and overtime pay, impacting how businesses handle payroll and employee compensation. If passed, this law could lead to higher take-home pay for workers and potential tax benefits for business owners. Learn how this could affect your company and what changes you may need to make.

The recent passage of the "No Tax on Overtime" bill could have a significant impact on businesses and employees alike. At Elite Consulting PC, we help businesses navigate complex tax changes like this one, ensuring they stay compliant while maximizing financial benefits. If this bill becomes law, employers may need to adjust payroll strategies, and employees could see changes in their take-home pay. Our team is here to provide expert guidance on tax planning, payroll management, and financial strategy to help businesses and workers make the most of new tax policies.

For personalized tax consulting and CFO services, Elite Consulting PC is ready to help. Contact us today to stay ahead of upcoming tax changes!

President Trump’s new tax idea is interesting because it would let people keep all their money instead of paying income tax. But it also raises big questions about whether it would make life more expensive.

Some believe it could help the economy, while others worry it could hurt everyday people. No one knows for sure what will happen, but this debate will likely continue.

What do you think? Would you rather pay higher prices on products but keep all of your paycheck, or keep things the way they are?