American Tax & Business Planning

08/18/2025

The U.S. Senate last week confirmed the Trump Administration’s new IRS Commissioner, for U.S. Rep. Billy Long. Unfortunately nothing in Long’s record suggests he’s up to the task of rebuilding the IRS’s credibility with the American public.

Read my Real Clear Markets article from earlier this year on IRS reform and Billy Long:

The U.S. Senate last week confirmed the Trump Administration’s new IRS Commissioner, for U.S. Rep. Billy Long. Unfortunately nothing in Long’s record suggests he’s

08/11/2025

The IRS has been marinating in controversy for the past four years with the Biden administration attempting to hire 80,000 new agents to audit taxpayers while installing a soak-the-rich commissioner to run the agency. With the Trump administration now in charge, the sense of whiplash is almost palpable.

Read my Des Moines Register article from earlier this year on how DOGE and the IRS could affect each other:

Bruce Willey identifies big questions: Will a dive in customer service be fixed? What will happen to agents hired by Joe Biden?

08/04/2025

The Trump tax cuts need to be renewed, but not until Elon Musk’s DOGE team finishes its review of government spending. If President Trump wants to build a lasting high-integrity budgeting system, it’s got to be done right, and that means figuring out what the government actually needs to spend before setting out a tax plan to take care of the revenue side.

Read my NewsMax article from earlier this year on the DOGE review of government spending:

If We're Actually Going To Clean up The Federal Budget, Let's Finish The Doge Process Before We Renew The Trump Tax Cuts

10/09/2024

The IRS has been dropping a new press release with an explicit threat to the bank accounts of successful Americans every other month or so. Their messaging sounds increasingly political, and high-income taxpayers would be foolish to ignore what they’re saying: the IRS plans more audits of successful Americans to force them to pay more taxes.

Read Bruce Willey's new article on what to do when the IRS audits you. Bruce is the Founder of American Tax & Business Planning.

The IRS has been dropping a new press release with an explicit threat to the bank accounts of successful Americans every other month or so. Their messaging sounds increasingly political, and high-income taxpayers would be foolish to ignore...

08/19/2024

Recession and Corporate Tax Concerns - There is a cliff coming in the next couple of years for business owners, which could be a 65% increase in taxes for business owners with all the expiring components of the tax bill, and a new bill that was defeated. Kamala Harris has proposed returning to a 35% corporate tax rate if she's elected President. What does this all mean? 700WLW News Radio Cincinnati asked our Founder Bruce Willey to come on the air for a live interview to give his insights on this. 🎙️ Unmute video.

06/20/2024

Our Founder Bruce Willey's new article in the press.

Don’t let the IRS website, the testimony of its director before Congress, or any other kind of press release or public pronouncement influence you unless you hear differently from your tax advisors…

05/14/2024

So you're getting audited by the IRS. What should you do next? Read our CEO Bruce Willey's new article in The Hill.

The IRS actively tries to bully frightened taxpayers into accepting positions (including settlement offers) during the audit that are far more favorable to the government than they need to be.

04/24/2024

The U.S. tax system is suffering from deep and systemic rot and needs a ground-up rebuild. Read our Founder Bruce Willey's new article on this...

The U.S. tax system is suffering from deep and systemic rot and needs a ground-up rebuild. But with the IRS acting more as the infection than the cure, restoring effectiveness to America’s tax s

03/21/2024

New article written by our Founder Bruce Willey

Does the IRS deserve the heat it’s taking for its lead role in the disastrously expensive and fraud-ridden Employee Retention Credit (ERC) program? You bet it does. And now legislation

02/01/2024

How a Backdoor Roth IRA Works (and Its Drawbacks) - High earners can get around income limits on Roth IRA contributions by converting other IRA accounts to Roths, but there are some caveats. Our CEO Bruce Willey discusses this and more in this new article written by him.

High earners can get around income limits on Roth IRA contributions by converting other IRA accounts to Roths, but there are some caveats.