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Merry Christmas from all of us at Frazee Ivy Davis!

U.S. House passes the Build Back Better Act

House passes Build Back Better

The U.S. House of Representatives passed a crucial part of President Biden’s agenda by a vote of 220-213 on November 19. The Build Back Better Act (BBBA) includes provisions related to areas such as health care, climate change and immigration, education, and social programs. Significant tax provisions are also included. Impact on the deficit The…
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Debate continues in Congress over proposed tax changes

  Negotiations continue in Washington, D.C., over the future of President Biden’s agenda. Tax law changes may be ahead under two proposed laws, the Build Back Better Act (BBBA) and the Bipartisan Infrastructure Bill (BIB), also known as the Infrastructure Investment and Jobs Act. The final provisions remain to be seen, but the BBBA and,…
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Disasters and your taxes: What you need to know

Weather-related disaster tax relief

Homeowners and businesses across the country have experienced weather-related disasters in recent months. From hurricanes, tornadoes and other severe storms to the wildfires again raging in the West, natural disasters have led to significant losses for a wide swath of taxpayers. If you’re among them, you may qualify for a federal income tax deduction, as…
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