Articles

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Companies investing in crypto may be in for a rude accounting surprise
Corporations are starting to buy digital assets like Bitcoin to bolster their treasuries, but the volatility in prices could put a dent in their balance sheet. Read More.
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Biden on Day 1 scrapped Trump rule that helped US save $160 billion: report
Trump’s actions saved the country $155 billion to $165 billion between 2017 and 2021, the American Action Forum estimates Read More.
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Progressives urge White House to overrule top Senate official and include $15 minimum wage in COVID-19 relief bill
Progressives began to almost immediately pressure the Biden administration to overturn the decision Read More.
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Stimulus Checks And Filing Your 2020 Tax Return-Hurry Up Or Wait?
The American Rescue Plan Act of 2021, “the Biden stimulus package” is not law, as I write this. It seems very likely to pass though and some people may want to take action in anticipation of it. That Read More.
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The Chairman’s Report February 26, 2021
Every day new releases from President Biden and his administration indicate that more regulation is needed to “protect” people. One of the areas that is going to get more attention is the rapidly increasing amount of federal income/payroll tax evasion. Read More.
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The IRS Cashed Her Check. Then the Late Notices Started Coming.
A mountainous backlog of paperwork at the IRS continues to wreak havoc on America’s tax collection system — which especially hurts lower-income filers. Read More.
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The Fair Tax
The current federal income tax system is broken—unfair, overly complex, and almost impossible for most Americans to understand. The Fair Tax is a reasonable, nonpartisan alternative before Congress that is both fair and easy to understand. Read More.
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Democrats Propose Dramatic Expansion Of The Child Tax Credit
Turn down the lights. Turn up the Marvin Gaye. It’s baby-making time. Read More.
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Tax season off to a slow start, lawmakers complain to IRS
Leaders of the tax-writing House Ways and Means Committee are sounding the alarm over the slow start to tax season, reflected in the initial week of data from the IRS. Read More.
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Internet groups back Facebook and Google against Maryland’s tax law
Maryland is the first US state to endorse a tax law that requires Facebook and Google to pay for digital advertising. But Internet groups want to challenge and strike down the “punitive assault” in federal court. Read More.
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Internet groups back Facebook and Google against Maryland’s taxlaw
Maryland is the first US state to endorse a tax law that requires Facebook and Google to pay for digital advertising. But Internet groups want to challenge and strike down the “punitive assault” in federal court. Read More.
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Bitcoin Warning! Are We Headed For A Cryptocurrency War?
Bitcoin and other soaring cryptocurrencies dominate the headlines. Read More.
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Are medical expenses tax deductible? Generally yes, under 2 conditions
If you were burdened by sizable medical bills or health expenses during 2020, there may be some financial relief available to you come tax season. Read More.
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Tax season: What the IRS says clients and advisors can expect
Taxpayers can expect a smooth filing season despite monumental challenges in getting pandemic relief to millions of people, according to the nation’s top tax official. Read More.
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Study: Coronavirus Pandemic Has Created Tax Problems That Could Get Much Worse in 2021
Americans struggling to repay their 2019 taxes in the midst of a recession has been just another issue to deal with during the coronavirus pandemic. Read More.

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