A projected switch in calculating retirement plan benefits from a
deduction to a credit could have significant implications for
high-net-worth taxpayers, if enacted as initially proposed. Read More.
The Trump administration had insisted on a so-called safe harbour
clause in the OECD tax that effectively would have allowed big
tech companies to comply voluntarily, blocking progress on a
deal. Read More.
State Democrats once again are trying to slip an income tax plan
through the backdoor and this time they think they have the votes
to do it. Read More.
CASPER, Wyo. — A proposal to increase Wyoming’s gasoline and
diesel fuel taxes has support from a range of different
industries who describe the highway system in terms like
“Wyoming’s life blood.” Read More.
CASPER, Wyo. — A proposal to increase Wyoming’s gasoline and
diesel fuel taxes has support from a range of different
industries who describe the highway system in terms like
“Wyoming’s life blood.” Read More.
I’m all for the new capital-gains tax proposed by state Sen. June
Robinson, D-Everett, designed to remove most of the state’s
reliance on sales-tax revenue. Read More.
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.
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.
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.
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.