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FRESH BBQ ALWAYS FRESH MADE

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Reality TV Star Tax Evasion Case Update: The report contends that the actions "lends credence to Todd Chrisley's complaints that he was unfairly targeted for investigation due to his 'celebrity status.'" Full story via

Todd Chrisley speaks out after being ‘unfairly targeted’ in tax evasion case: ‘So blessed and grateful’ The Chrisleys were accused of evading nearly $2 million in state taxes between 2008 and 2016 and pleaded not guilty to tax evasion and other federal charges during an initial court appearance.

Tax policy: Ireland has decided to sign up to a global deal that will push its corporate tax rate to 15%, marking a huge shift in its policy. Story via

Global tax deal inches closer as holdout Ireland agrees to sign up Ireland has decided to sign up to a global deal that will push its corporate tax rate to 15%, marking a huge shift in its policy.

Are you a Super Saver? Details via

These are the good financial habits used the most — and the least — by ‘super savers’ Some tactics generally considered important to financial health are used less by workers who make high contributions to their 401(k)s.

Some insider small business knowledge from .

Proposed IRA tax code change would affect retirement accounts over 10 million. Full story below.

Learn about taxes from your friends at based .

Tax Policy Debate: Several significant issues in tax policy are affected by the presence of sustained low interest rates. Learn more via

Low interest rates have implications for tax policy Alan J. Auerbach and William G. Gale examine the implications of sustained low interest rates on the structure of tax policy.

If you think that education credits are just for sending your children to college, think again--the credits are available to you, your spouse (if you are married), and your dependents. Even if you or your spouse is only attending school part time, you still may qualify for a tax credit.

Possible good news on inflation front? "I'm comfortable in thinking that these are elevated prices, that they will be coming down as supply bottlenecks are addressed.

Fed’s Evans sees inflation falling below central bank's 2% target after current rise subsides The current spate of inflation won't last and ultimately will fall below the Federal Reserve's target, Chicago Fed President Charles Evans said.

Don't let bookkeeping get in the way of growing your business. Some best practices below.

Tap into your full potential. Wednesday Wisdom from

Follow the 'Rule of 72' and make your money grow. Learn more below.

How Understanding the 'Rule of 72' Helps You Make Personal Finance Decisions Predict how many years it takes money to double based on a specific rate of return.

Required Minimum Distributions were suspended in 2020 as part of the COVID relief. But the suspension was for one year only and the RMD requirement resumes for 2021 along with some new twists.

Required Minimum Distributions Have Resumed for 2021 When Congress established tax-favored retirement plans, they allowed taxpayers to take a tax deduction for the amount of their allowable contribution to the plans. But they also included a requirement for a portion of the funds to be distributed each year and be subject to income tax. Such a distrib...

Tax Policy Business Proposals: The Ways & Means Committee has proposed slashing QSBS benefits for high-income persons. Full story via

Congress Targets $10M Qualified Small Business Stock Tax Break Silicon Valley breathed a sigh of relief when the Biden administration said the Qualified Small Business Stock (QSBS) exclusion would be retained without change. But now the $10M perk could be cut in half if you earn $400,000 or more.

Let�s keep the weekend rolling. from Pettis Financial Solutions

Restaurant Survey: The delta variant, understaffed restaurants and higher food costs are among the issues plaguing the industry. Story via

Majority of restaurant operators say business conditions are worse now than three months ago, survey finds The restaurant industry trade group is asking lawmakers to replenish the Restaurant Revitalization Fund amid continued fallout from Covid-19.

Inflation indicators: That's the highest since May 1991 and reflective of inflationary pressures that Fed Chairman Jerome Powell said earlier this week he finds frustrating. Link via

Key inflation gauge watched by the Federal Reserve hits another 30-year high Inflation ran at a fresh 30-year high in August as supply chain disruptions and extraordinarily high demand fueled ongoing price pressures.

Washington DC Policy Update: President Joe Biden on Thursday evening signed legislation to avoid a partial federal shutdown and keep the government funded through Dec. 3. Details via

Biden signs bill to avert partial government shutdown WASHINGTON (AP) — With only hours to spare, President Joe Biden on Thursday evening signed legislation to avoid a partial federal shutdown and keep the government funded through Dec. 3. Congress had passed the bill earlier Thursday.

Your Friday tax fact from Forth Worth based Pettis Financial Solutions.

If there was ever a year for tax planning, 2021 may be at the top of the list. We have the potential for some unfavorable tax changes on the horizon and opportunities to use existing tax laws to your advantage. In most cases acting after the end of the year is too late.

Fall Tax Planning May Be Wise Taxes are like vehicles in that they sometimes need a periodic check-up to make sure they are performing as expected, and if ignored, can cost you money. That is true of taxes as well, especially for 2021, as the pandemic benefits begin to wane and President Biden’s tax proposals loom.

We often mention the importance of tight financial controls for your business. Here are examples of companies that went rogue with their accounting methods and paid dearly. Story via

The World's Biggest Accounting Fraud Scandals Should the auditors be blamed when there are accounting scandals? Or should companies be doing more to prevent fraud in the first place?

It matters how you get there. Wednesday Wisdom from Pettis Financial Solutions

There is a tax credit - generally referred to as the R&D (research and development) credit - that a lot of businesses do not take advantage of because they are unaware of it or don't understand it. It can provide a substantial tax credit for businesses involved in research and experimentation to develop new products or trade processes.

The Obscure Research Credit An obscure tax credit—generally referred to as the R&D (research and development) credit—was originally added to the tax code in 1981 as a two-year incentive for businesses and has been extended every year since, until it was recently made permanent.

A CEO does only three things. Sets the overall vision and strategy of the company and communicates it to all stakeholders. Recruits, hires and retains the very best talent for the company. Makes sure there's always enough cash in the bank.

What It Means to Be A CEO On the surface, it’s a simple question: what should a startup CEO actually do? But the simplest questions can be the hardest to answer.

Looking for a sign? Here's your Monday Motivation from Forth Worth based Pettis Financial Solutions