Articles

image
The IRS says families will receive a bigger child tax credit. How much will you get?
The vast majority of American families with children will automatically receive up to $300 per month per child beginning July 15, the IRS and Treasury Department announced Monday. Read More.
image
White House releases tax returns for Biden, Harris
President Joe Biden’s income fell dramatically to $607,336 in 2020 as he dropped lucrative speaking engagements to campaign for the White House, but he still earned enough to pay the higher tax rates he’s proposed for wealthy people. Read More.
image
Stocks tumble as cryptocurrencies unravel
Bitcoin plunged below the $40,000 level Read More.
image
Treasury, IRS announce July 15 as start of automatic, expanded child tax credits
Eligible families will receive up to $300 per month for each child under 6, up to $250 per month for each child 6 and older Read More.
image
Elon Musk Crashed The Bitcoin Price And Proposed A Radical Dogecoin Upgrade To Beat Bitcoin ‘Hands Down’ And Become The ‘Currency Of Earth’
Bitcoin and cryptocurrency prices across the board have struggled this week since a sell-off sparked by Tesla TSLA -1.1% billionaire Elon Musk and ethereum co-founder Vitalik Buterin helped wipe $300 billion from the market. Read More.
image
Is zero a 'fair share' of taxes?
The Republicans' Child Tax Credit began knocking people off the tax rolls, now the Democrats want to do even more. Read More.
image
The Grassroots Corner May 17, 2021
🇺🇸 The Grassroots Corner - Week Beginning 5/17/21: “Meet the 'Sticky' Group – Part 1” Read More.
image
We don’t want the IRS to do our taxes for us | Opinion
Much to the chagrin of taxpayers throughout New Jersey, tax season 2021 is shaping up to be quite a complicated, confusing process. Faced with an influx of stimulus checks and PPP loans, individuals and businesses alike are understandably perplexed. What does the additional income mean for our tax liability, and how will these changes affect our livelihoods? ​​​​​​​ Read More.
image
Why Tax Refunds Are Taking Longer Than Usual
Wondering where your tax refund is? In its Covid-19 operations update, the Internal Revenue Service has added an explanation for why in many cases it’s taking longer than the typical 21 days to process tax refunds for individual taxpayers. We’re talking about tax returns filed for the 2020 tax year during the 2021 tax season that opened in February and runs through May 17.  Read More.
image
Colonial Pipeline’s crypto ransom follows Yellen’s warning
Colonial Pipeline paid $4-5M in cryptocurrency to hackers per reports Read More.
image
The Chairman’s Report May 14, 2021
Peter Morici is Professor Emeritus at the University of Maryland and is recognized as an expert on economic policy and international economics.  He has often appeared on CNN, CBS, BBC, Fox, ABC, CNBC, NPR and NPB. Read More.
image
'I'm not giving up': Senator sees progress on consumption tax proposal
Although he lost a key vote in the Legislature promoting his revolutionary consumption tax reform plan last week, Sen. Steve Erdman of Bayard says that loss represented progress with three years left for him to accomplish his goal. Read More.
image
Inflation Spiked 4.2% In April—Hitting 13-Year High As Price Concerns Rock The Market
 Consumer prices rose 4.2% over the 12 months ending in April, according to data released Wednesday by the Labor Department, shooting past expectations one day after inflationary concerns led to the stock market’s worst daily performance in months. Read More.
image
Colonial Pipeline attack tip of the infrastructure risk iceberg: DHS cyber chief
The Colonial Pipeline attack is said to be the work of the Russian ransomware group Darkside. Read More.