Articles

🇺🇸 The Grassroots Corner - Week Beginning 6/14/21: “Hostile Argument: I Paid Taxes All My Life, Again In Retirement?” Read More.

Criminals may have stolen as much as half of the unemployment benefits the U.S. has been pumping out over the past year, some experts say.  Read More.

‘If you’re someone who’s going to the grocery store on a regular basis or even to the gas pump, and you’re noticing that those prices are rising, that doesn’t always necessarily count as inflation’ Read More.

Many in D.C. have dreamed about the IRS having a computer system that can analyze our tax returns and not just identify unreported 1099 income, but also flag returns on which the taxpayer has exaggerated deductions, claimed credits to which they are not entitled or underreported other income. ​​​​​​​ Read More.

President Joe Biden suggested a 15% minimum tax on corporations coupled with increased IRS enforcement during negotiations as an alternative to raising the corporate tax rate in talks with Republicans regarding an infrastructure package.  Read More.

Bitcoin prices steady after recent tumble Read More.

Amazon and JPMorgan first issued a joint card in 2002 and their offerings have long operated on the Visa Inc network Read More.

The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax of at least 15% in order to deter multinational companies from avoiding taxes by stashing profits in low-rate countries.  Read More.

Square eyes checking and savings for small businesses, DailyPay offers early access to wages, and eight other developments in technology this past month and how they’ll impact your clients and your firm. Read More.

HR 25, The Fair Tax Act of 2021 was submitted to the 117th Congress in January. How many cosponsors do we have now and who are they? Read More.

Longer dated U.S. government debt yields were rising Monday morning, while short-term notes were seeing muted action, a phenomenon often described as a bear steepener. Read More.

The weaker-than-expected April report fueled speculation of a labor shortage. Officials in two dozen states leveraged the data to argue enhanced federal unemployment benefits were a primary culprit. Read More.

A 15% global minimum corporate tax rate would be a “very significant step forward” that leaves countries enough margin to compete, Organization for Economic Cooperation and Development Secretary General Mathias Cormann said. Read More.

Many governments are likely to wait and see what others, especially a divided U.S. Congress, will do to put the deal into effect Read More.

🇺🇸 The Grassroots Corner - Week Beginning 6/7/21: “Briefing Congress Member Jeff Van Drew” Read More.