Articles

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EXPLAINER: 2023 tax credits for EVs will boost their appeal
Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions. Read More.
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IRS delays $600 1099-K tax reporting for Venmo, PayPal, CashApp and more
2023 was going to be the first year in which people who earned at least $600 from online platforms like eBay, Etsy, Venmo and CashApp were required to file a tax return. Read More.
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The Chairman’s Report December 25, 2022
FROM ALL OF US AT AMERICANS FOR FAIR TAXATION! Read More.
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The Grassroots Corner December 26, 2022
The Grassroots Corner - Week Beginning 12/26/22: “Merry Christmas” Read More.
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There’s still time to reduce your 2022 tax bill with these last-minute moves
There’s still time to reduce your 2022 tax bill or boost your refund, but the last chance for certain strategies is fast approaching, according to financial experts. Read More.
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The Coming Tax Revenue Reckoning
The federal and state governments have had a good pandemic, enjoying the gusher of tax revenue and federal largesse. But those fat years are about to end, and the political class in most places isn’t ready for it. Read More.
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The future of Utah property taxes: What the Legislature is weighing ahead of 2023
Utah Gov. Spencer Cox unveiled his $28.4 billion budget proposal last week, which includes a call for $1 billion in tax relief primarily through one-time cuts in property tax and income rebates. Read More.
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88% of employers offer a Roth 401(k) — almost twice as many as a decade ago. Here’s who stands to benefit
The ranks of employers offering a Roth savings option to 401(k) investors continue to grow, giving more workers access to its unique financial benefits. Read More.
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The cost of Washington's new CO2 tax: the bad news and the less bad news
There is a great deal of uncertainty about what Washington’s new CO2 tax will cost, but there is an early indication the cost will be, while still expensive, less than feared. Read More.
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The IRS wants to know if you earn more than $600 on Venmo
If your side hustle yields more than $600 on Venmo this year, the Internal Revenue Service will soon know your identity and expect you to report any taxable income. Read More.
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The Grassroots Corner December 19, 2022
The Grassroots Corner - Week Beginning 12/19/22: “Meet our newest cosponsor” Read More.
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The Chairman’s Report December 16, 2022
When I present the FAIRtax plan to different groups, a question that inevitably arises is the potential effect that the FAIRtax would have on demand for new products. Since the FAIRtax applies only to the purchase of new goods, there is fear that the FAIRtax will decimate the market for new goods as people flock to buying used goods in order to avoid the tax. Read More.
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Death and taxes sure things in Pennsylvania, especially an inheritance tax most states have phased out
If you've ever inherited anything in Pennsylvania, you know that the state government tries to take a piece of its value through an inheritance tax. Read More.
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'Early filers' should wait to submit their tax return in 2023, the IRS warns. Here's why
If you're eager to file your 2022 tax return in January or early February, the IRS has a warning: You'll need to wait for "key documents" before filing in 2023. Read More.
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IRS takes aim at conservation easement tax loophole
Tax breaks for conserving privately owned land could face much stricter scrutiny under new regulations proposed by the IRS. Read More.

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