Articles

Tax Day 2018 is now behind us, and as we FairTax supporters tend to do, we took it as an opportunity to call others to action. It’s a reminder that this simply isn’t the way things have to be. We know a better way. The most notable difference between this Tax Day and those in years past is that it marks the last time the American people will file their taxes under the old, broken tax code we’d been subject to for far too long. Read More.

Tax Day 2018 is now behind us, and as we FairTax supporters tend to do, we took it as an opportunity to call others to action. It’s a reminder that this simply isn’t the way things have to be. We know a better way. The most notable difference between this Tax Day and those in years past is that it marks the last time the American people will file their taxes under the old, broken tax code we’d been subject to for far too long. Read More.

​A majority of Americans say they are not yet seeing President Trump’s tax cuts reflected in their paychecks, according to a new poll. Read More.

​U.S. economic growth slowed less than previously estimated in the fourth quarter as the biggest gain in consumer spending in three years partially offset the drag from a surge in imports. Read More.

The Republicans’ massive $1.3 trillion “omnibus” spending bill has at least one enthusiastic fan: Senate Minority Leader Chuck Schumer (D-N.Y.). Read More.

It has taken a little more than six months for the U.S. national debt to grow by a trillion dollars, a quick clip that has little precedent over the nation’s recent history. Read More.

We all want the current income tax system to go away. We all want to not have to swear under oath the filing we are about to make on April 17 to the Internal Revenue Service. We know that there is no way we can know what is in that 74,600 pages of code, regulation and interpretation called the income tax system. Read More.

​House Ways and Means Committee Kevin Brady is talking to the White House about a possible “phase two” of the Republican tax plan. Read More.

It has been 30 years since there has been a significant tax reform, and the Tax Cuts and Jobs Bill that recently passed is certain to impact everyone – from individual taxpayers to business owners. If you have been in the accounting business for more than 30 years, you might notice the similarities between today’s climate and of President Reagan’s Tax Reform Act. The changes were so broad that it became known as the “Accountants’ Full Employment Act of 1986.” Read More.

When you think of double taxation, you might think of dividends. After all, they’re paid to you out of the funds that remain after a company has been taxed on its earnings – and then they typically become taxable income for you. You might also be subject to another kind of double taxation, though – taxation of your Social Security benefits. Read More.

The Trump administration on Monday said states should be able to require online retailers to collect sales taxes, backing an appeal by South Dakota at the U.S. Supreme Court that could mean billions of dollars in revenue for state coffers. Read More.

At this rate, retirement is more of a fantasy than a reality for many people in this country. About 42 percent of Americans have less than $10,000 saved for when they retire, according to a study by GoBankingRates released Tuesday. Read More.

The situation facing stocks may appear more ominous with the addition of President Donald Trump’s tariff threat. But libertarian Ron Paul suggests Wall Street is missing the bigger picture. Read More.

U.S. stocks fell for the first time in four days Tuesday after comments from new Federal Reserve Chair Jerome Powell sent rates higher. The new chair signaled the central bank could hike rates more than three times this year in an effort to keep the economy from overheating, sparking anxiety among equity traders. Read More.

U.S. stocks fell for the first time in four days Tuesday after comments from new Federal Reserve Chair Jerome Powell sent rates higher. The new chair signaled the central bank could hike rates more than three times this year in an effort to keep the economy from overheating, sparking anxiety among equity traders. Read More.