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You'll find in-depth articles on every aspect of tax law, as well as the latest releases from our team. You can search for specific content, such as posts about a certain topic or region.
SafariStar Blog is focused on providing the most up-to-date information about tax laws that affect your business. We provide in-depth articles on the legislation and how it impacts you, what you should know before the changes are implemented, and more.
Whether you're a small business owner looking to grow your company or a household looking to get ahead financially, these tips will help you get ahead of your tax responsibilities and stay compliant with tax regulations.
March 27, 2023
Prioritizing Efforts to Mitigate Inflation's Impact on the Tax Code in 2023
Recently, the Bureau of Labor Statistics (BLS) released data that showed a 0.5 percent increase in the consumer price index (CPI) in January compared to December 2022, resulting in a 6.4 percent rise over the previous 12 months. Despite the decline in inflation over the last six months, it is anticipated that it will continue to surpass the Federal Reserve's target rate of 2 percent, presenting a significant challenge for policymakers in 2023. To reduce the impact of inflation on American households, it is critical to fully index the tax code for inflation.