SCS Tax and Insurance Services

04/02/2026

More than 1.3 million taxpayers may be owed refund for the 2022 tax year. The window to claim that money closes on April 15, 2026.

04/02/2026

The Internal Revenue Service recently announced that taxpayers have signed up more than 4 million children for tax-favored Trump Accounts, of which more than 1 million children are covered by elections for the $1,000 Trump Accounts pilot program contribution.

03/14/2026

When else can you celebrate Pi Day?

03/04/2026

I wish it would be the last time change ever for USA.

When we turn the clocks ahead on March 8, it will be the last time change ever for BC.

We're making Daylight Saving Time permanent, with a new time zone called Pacific Time (PT).

It aligns us with the Yukon, which stopped changing its clocks in 2020. PT will be aligned with Alberta and other regions on Mountain Standard Time in the winter, and with California, Washington, Oregon and other Pacific Standard Time regions the rest of the year.

This change is better for our health, our routines, and gives us an extra hour of daylight during those dark winter months. It also simplifies life for businesses and service providers—and for everyone who’s said they’re ready for a permanent change.

Learn more: News.gov.bc.ca/33415

01/16/2026

The IRS announced today that the $1776 "Warrior Dividend" payments to members of the uniformed services are not taxable.

01/08/2026

The Internal Revenue Service just announced that it will begin accepting and processing individual 2025 tax returns on Monday, January 26, 2026.

12/03/2025

The price of gold is up nearly 60% this year and some investors will realize a taxable capital gain for 2025. Do you know how a capital gain on gold is taxed? (answer in Comment)

12/03/2025

Black Friday, Shop Small Saturday, Cyber Monday, Giving Tuesday.

11/17/2025

The standard Medicare Part B premium will increase to $202.90 per month in 2026, up $17.90 or 9.7% from $185 per month in 2025, according to the Centers for Medicare and Medicaid Services. The annual deductible for Part B will be $283 in 2026, up $26 or 10% from $257.

10/24/2025

Social Security beneficiaries can expect a 2.8% increase to benefits in 2026. As such, the average Social Security retiree benefit will increase from $2015 to $2071 per month or about $56 in January 2026. The maximum amount of earnings subject to the Social Security withholding will increase from $176,100 to $184,500.

10/23/2025

The One Big Beautiful Bill Act of 2025 (OBBBA) retroactively reinstated the reporting threshold in effect prior to the passage of the American Rescue Plan Act of 2021 (ARPA) so that third party settlement organizations are not required to file Forms 1099-K unless the gross amount of reportable payment transactions to a payee exceeds $20,000 and the number of transactions exceeds 200.