Articles

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The Grassroots Corner November 21, 2022
The Grassroots Corner - Week Beginning 11/21/22: “Happy Thanksgiving” Read More.
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The Chairman’s Report November 18, 2022
In the weeks and even months prior to election day, as well as on Tuesday, November 8, 2022, Americans went to the polls and exercised their precious right to vote in our midterm elections. Read More.
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Ann Arbor voters approve climate-action tax proposal with 71% support
Ann Arbor is about to get super serious about doing its part to tackle climate change. Read More.
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Latest Crypto Exchange Bankruptcy Spurs Tax Confusion
As another major cryptocurrency trading platform succumbs to market instability and files for bankruptcy in what has been a cataclysmic year for the industry, questions loom surrounding the tax implications for affected stakeholders. Read More.
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Business owners have an IRS payment coming due well before April federal income tax deadline
New business formation has boomed, and that means more new business owners than ever are dealing with tax season and potential tax nightmares. Read More.
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Federal government sets record for October tax collections; spending spigot still flowing
The federal government set a record for tax collections in October, the first month of the fiscal year, by collecting about $318.5 billion, according to the Treasury. Read More.
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As a key deadline looms to claim 2021 tax credits, Republicans complain of ‘suspicious timing’ of IRS letters
Certain tax credits were made temporarily more generous in 2021. For certain people, there still may be time to claim the money, which may add up to thousands of dollars — but some politicians aren’t happy the IRS just reminded Americans about the cash. Read More.
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California voters reject tax on rich for more electric cars
California’s wealthiest residents won’t see a tax increase after voters rejected a measure Tuesday that would have boosted rates on incomes above $2 million to help put more electric cars on the roads. Read More.
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Can LA’s ‘Mansion Tax’ Unlock Affordable Housing Across California?
On Tuesday, thousands of Los Angeles voters pulled the lever for Measure ULA, a ballot initiative that aims to fund affordable housing and tenant protections by applying a levy on property sales of more than $5 million. That’s just the start of what this measure can do. Read More.
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The Grassroots Corner November 14, 2022
The Grassroots Corner - Week Beginning 11/14/22: “FAIRtax returns to Orange Park, Florida” Read More.
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The Chairman’s Report November 11, 2022
A woman rubbed a bottle and out popped a genie. The genie said, “I'm a one-wish genie. So...what'll it be?" Read More.
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Idaho tax collections back on track after October revenue
Idaho tax collections are back on track after October revenue exceeded expectations and made up for the first three months of the current fiscal year, state budget officials said Monday. Read More.
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U.S. CFOs Ask Congress to Repeal Change to R&D Tax Rules
Companies are asking lawmakers to repeal a change in the tax code that requires businesses to spread their research-and-development costs over five years rather than deduct them immediately. Read More.
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Haven't received your California Middle Class Tax Refund? Here's what's happening
In October, millions of Californians were to start receiving relief payments of up to $1,050 as part of the state's "Middle Class Tax Refund." But now it's November, and many Golden State residents are still waiting. Read More.
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Small Businesses Find a Loophole in the New Tax Law: Zelle
Early this year, Benson Gitau, owner of Houston appliance reseller Vendapp, noticed that his suppliers were no longer accepting payments through Venmo, PayPal or Cash App. “They’d just say, ‘I prefer Zelle,’” he says. Read More.

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