Current News

Mortgage rates fall slightly for first time in weeks Read More.

Shares of Amazon collapsed Friday after the e-commerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain constraints, pushing the stock down more than 30% below its record high and extending a slate of massive losses among formerly high-flying technology firms. Read More.

The Grassroots Corner - Week Beginning 5/02/22: “Meet Ron Eller” Read More.

Are higher taxes coming to go along with inflation? It sure looks that way. And while some of the spin is being directed at the Billionaire’s tax—that actually kicks in at a tenth of a billion dollars—there are plenty of other tax hikes proposed for more modest earners too. Here’s what is in store for you if the Biden administration’s raft of ambitious tax hikes becomes law the way the Biden administration hopes they will. Read More.

PCE climbs 0.9%, but core rate increase just 0.3% for second month in a row Read More.

"The Economy- Inflation and the FAIRtax" - As of the end of March 2022, the US Bureau of Labor Statistics notes the Consumer Price Index rose 8.5 percent over the past 12 months, the highest rate since December 1981.  Read More.

In January there was a seven-fold increase in foreclosure starts, new data shows. Read More.

Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve's looming interest rate hikes. Read More.

The Grassroots Corner - Week Beginning 4/25/22: “Americans Overseas” Read More.

Most people who file a tax return end up collecting a refund. But you may have landed in the opposite situation. Read More.

"A Theoretical Note On Tax Evasion: The Case Of The American FAIRtax Plan" - This is the title of an article published in Scientific Research Publishing. The authors are Dr. James Barth, Dr. Yinan Ni and Dr. Richard Cebula. Read More.

You may be counting on the step-up, Roth conversions and donor-advised funds. But politicians could snatch these goodies away. Read More.

Elon Musk doesn't own his own home. Read More.

Internal Revenue Service Commissioner Charles Rettig told Congress today the backlog of tens of millions of tax returns from last year will be processed by December. Read More.

Your income minus giving and saving categories should equal zero, Rachel Cruze explains Read More.