Articles
If you steal something, you must report it as income, IRS says. Wait, what?
Yes, you’re supposed to report anything you stole this year as income on your tax returns — unless you return it. Read More.
Crypto donations to charity are booming. What to know before making a year-end gift
Cryptocurrency donations to charity are booming, with gifts still rolling in as the calendar winds down. Read More.
US port delays: Outcome of holidays will determine if supply chain crisis extends into 2023, experts say
Omicron has once again stoked fears of more disruptions in the economy Read More.
European Commission proposes minimum corporate tax and end to tax havens in the EU
The Commission proposed before Christmas two initiatives for fair taxation in the EU. The first one is a directive ensuring a minimum effective tax rate for the global activities of large multinational groups. The other one is a directive against the misuse of shell entities for improper tax purposes in the EU. Read More.
Letter: Pushing back on the line 'the rich should pay their fair share of taxes'
Ever since I first entered the profession of public accounting as a CPA 47 years ago, I've pushed back for decades on the old liberal line that 'the rich should pay their fair share of taxes. Read More.
The Chairman’s Report December 24, 2021
From all of us at Americans for Fair Taxation. . .
Read More.
How To Structure A Permanent Child Tax Credit Expansion
One of the biggest sticking points in negotiations over President Biden’s agenda has been how to extend the American Rescue Plan’s expansion of the Child Tax Credit. Read More.
Mortgage rates fall to a four-week low, but homebuyers still pull back due to record low listings
The already competitive housing market is getting even more so, and that is now cutting into mortgage demand. Read More.
The Grassroots Corner December 27, 2021
🇺🇸 The Grassroots Corner - Week Beginning 12/27/21: “HAPPY NEW YEAR!” Read More.
Weekly jobless claims total 206,000, higher than expected and above pandemic low
Jobless claims were higher than expected last week after previously hitting their lowest level since 1969, the Labor Department reported Thursday. Read More.
Manchin killing BBB likely saved US from economic 'disaster,' experts say
An offshore drilling ban in the United States would strengthen oil-rich countries like Russia, experts say Read More.
Sky-High Lumber Prices Are Back
Builders are buying up wood while floods in British Columbia limit supply Read More.
The Grassroots Corner December 20, 2021
🇺🇸 The Grassroots Corner - Week Beginning 12/20/21: “MERRY CHRISTMAS AND HAPPY HOLIDAYS!” Read More.
Biden’s plan to fix truck driver shortage inadequate, fails to address root of problem, association says
The Biden administration’s proposal was put forth as part of the broader Supply Chain Disruptions Task Force Read More.
Elon Musk says he will pay more taxes than anyone in history this year
The Tesla CEO could pay up to $10 billion in taxes for expiring Tesla stock options. Read More.
