Articles

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The Grassroots Corner December 12, 2022
The Grassroots Corner - Week Beginning 12/12/22: “Orange Park Florida” Read More.
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Our View: Slimmed-down tax hike still a burdensome tax hike
It could have been worse. Still, half a million dollars more for the Duluth Transit Authority and an approximately 8% increase in the city tax levy will be a lot to bear in 2023 for already overburdened Duluthians. And that’s precisely what the Duluth City Council is poised to pass. Read More.
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EU to Make Crypto Companies Report Tax Details to Authorities
The European Commission plans to make crypto companies report user holdings to tax authorities, it said Thursday. But the European Union (EU) body says it’s still working on how to enforce the measures on wallet providers or exchanges based outside the bloc. Read More.
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Democrats, Republicans race to strike year-end tax and spending deal
Democrats want to expand a tax credit that aids low-income families. Republicans hope to preserve a set of tax breaks that benefits businesses. And both parties hope to prevent a federal government shutdown. Read More.
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The Chairman’s Report December 9, 2022
The difference between God and a U.S. Senator is that God doesn’t think he is a U.S. Senator. The arrogance of many in D.C. who believe that only they are smart enough to determine what is best for us is well known. Likewise, the idea that they will try to use the IRS to reward their friends and punish their enemies is not “news’’ to anyone either. Read More.
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Your Tax Refund Could Be Smaller Next Year, IRS Warns — Here's Why
Many Americans rely on tax refunds to pay bills and save for retirement, but next year's checks could be significantly smaller than in previous years. Read More.
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Made money online this year? You could owe more in taxes
With 2022 drawing to a close, the IRS is alerting Americans so they can avoid a potentially nasty surprise when they pay taxes next year. Read More.
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IRS offers guidance on wage and apprenticeship rules for green tax credits
The Internal Revenue Service and the Treasury Department issued a notice explaining how businesses such as builders, developers and owners of clean energy facilities can satisfy the prevailing wage and apprenticeship requirements for enhanced tax benefits under the Inflation Reduction Act. Read More.
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Not too late for end-of-year tax prep
With only a month left until 2023, the deadline to make certain last-minute tax preparations and write-offs is quickly approaching. Read More.
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Interior Designers’ Sales Tax Cramps Style for Small Businesses
Sales tax is a requirement for interior designers, and the accounting part can be cumbersome. Working with an accountant or tax payment service can take some of the burden out of staying compliant, says Sherrell T. Martin of Nitram Financial Solutions. Read More.
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Hamilton County's property tax rebate for 2023 less than promised
Hamilton County homeowners will get a break on their property taxes next year, but it won't be the full 30% rebate they may have wanted. Read More.
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Tax ‘refunds may be smaller in 2023,’ warns IRS. Here’s why
If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS. Typically, you get a federal refund when you’ve overpaid yearly taxes or withheld more than the amount you owe. Read More.
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The Grassroots Corner December 5, 2022
The Grassroots Corner - Week Beginning 12/05/22: “Fund Government without taxing our income? No kidding!” Read More.
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The Chairman’s Report December 2, 2022
For many years the American people have been assured that the increasing amounts of personal information collected on their tax returns was confidential. After all, data on a person’s income and spending is about as personal and private as you can get. We were further assured that our personal data would be used only to ensure that everyone was paying the correct amount of income tax. Read More.
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Haven't Received Your Mass. Tax Rebate Check Yet? More Are on the Way
If you haven't received your Massachusetts tax refund check yet, you should get it soon. In fact, most of them have already been sent out, the state said this week. Read More.

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