Articles

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IRS awards $1K bonuses to ‘surge team’ employees tackling tax return backlog
The IRS is telling temporarily reassigned “surge team” employees that they will need to continue their work cutting down the agency’s pandemic-era backlog of tax returns through the end of the year. Read More.
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Texas error means National Guard troops deployed in Abbott's border mission face surprise tax payments
Texas Gov. Greg Abbott's (R) state border enforcement effort has been in the news lately mostly for the busses he has chartered, at a cost to taxpayers of $14 million and counting, to send migrants to a handful of Democratic-run cities. Read More.
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Halloween candy can teach your kids key lessons about taxes and America — here's how
With Halloween coming up very quickly, American households are about to get a deluge of candy — whether they are giving it out or taking it in. Read More.
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Tax cut trend reaches two-thirds of states
States brimming with cash are cutting taxes at a rapid pace. With the enactment Wednesday of an income tax cut in Missouri, about two-thirds of U.S. states have adopted some sort of tax relief in 2022. Read More.
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Coalition wants Nessel to weigh in on compensation for overtaxed Detroit homeowners
A coalition of grassroots organizations aiming to stop inflated property taxes in Detroit joined legislators online Thursday to formally request Attorney General Dana Nessel weigh in on whether overtaxed residents qualify for compensation under Michigan law. Read More.
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The Chairman’s Report October 7, 2022
The following article was written by the newest member of our Advisory Board. Professor Kendall earned his Ph.D. in economics from North Carolina State University, is Professor of Economics and Finance at the University of Virginia's College at Wise. He was Dean of the School of Business at St. Edward's University in Austin, TX and Chief Economist for Empire Funding Corporation, also of Austin. While a senior economist with RTI International, Research Triangle Park, NC, Dr. Kendall led numerous applied economics research projects conducted for FDA, EPA, and USDA. David and his wife Laura Ann make their home in the scenic mountains of southwestern Virginia, along with Puff, Bunny, Bella, and Penny (cat, dog, dog, and rabbit). Read More.
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Georgia gas tax suspension to continue into mid-November
Georgia’s governor is extending the suspension of the state’s motor fuel tax through Nov. 11. Read More.
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Ballot measure seeks to give Colorado voters ‘full picture’ of future tax changes with income table
Colorado’s 2022 ballot features a measure that could have major implications for future voter-approved changes to the state’s income tax code. Read More.
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Expanded Child Tax Credit Likely Isn’t Coming Back. Now What?
This year has brought fair winds and following seas for semiconductors, carried interest, and even prospective electric vehicle drivers, but proponents of the expanded child tax credit haven’t had such smooth sailing. While advocates must continue to push for an extension, work can be done now to improve access to the existing credit for those who qualify. Read More.
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Ivey ‘exploring’ tax rebate checks for Alabamians, says state’s ‘financial footing is very strong’
Gov. Kay Ivey on Monday said she is “exploring” returning tax money to Alabamians after the state closed out the fiscal year last week on stronger than usual revenues. Read More.
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Conservative British Prime Minister Sticks By Pro-Growth Tax Cut Plan After Establishment Criticism
British Prime Minister Liz Truss defended her government’s move to cut taxes and regulations following criticism from international financial institutions. Read More.
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Hurricane Ian Tax Relief: Who is eligible for these emergency payments?
At least 10 people have lost their lives and more than 700 have been rescued in Florida due to Hurricane Ian, which could be the deadliest hurricane in the state's history. Read More.
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Missouri legislature passes income tax cut, ditching plan for eliminating corporate tax
Republican lawmakers approved a plan to cut income taxes in Missouri on Thursday, abandoning a last-minute addition that would have also slashed tax rates for businesses while sending a package to Gov. Mike Parson's desk over the strong objections of Democrats. Read More.
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Florida Gas Tax holiday starts Oct. 1
As Floridians recover from Hurricane Ian, there will be a state-wide gas tax holiday through the month of October. The tax relief was already planned before the storm, but the relief could be considered timely. Read More.
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The Grassroots Corner October 03, 2022
The Grassroots Corner - Week Beginning 10/03/22: “Jim Duffie takes a working vacation” Read More.

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