After the third quarter of 2025, the federal government failed to reach an agreement on the national budget and its funding. To move forward, a spending bill must be passed by the Senate and signed by the President. However, ongoing disagreements between Republicans and Democrats — primarily over Medicaid spending and healthcare-related tax provisions — have prevented a resolution. The previous federal budget expired on October 1, and as a result, many non-essential governmen

One of the biggest stories of 2025 has been the surge in investment and enthusiasm surrounding artificial intelligence (AI). Broadly defined, AI refers to computer systems capable of performing tasks that typically require human intelligence. While computers have existed for decades, they were historically limited to carrying out specific, pre-programmed instructions. The new generation of AI systems, by contrast, can learn, adapt, and respond — mimicking aspects of human beh

On July 4th, 2025, the One Big Beautiful Bill (OBBB) Act was passed into law.  The law makes permanent many of the 2017 Tax Cuts and Jobs Act (TCJA) provisions that were set to expire at the end of 2025.  Since the law makes permanent the current tax rates, most people will have a similar tax experience to previous years.    There are a few key changes from the previous tax law that are worth highlighting:   Those over age 65 will now get an extra $6,000/person tax deduction