Articles

The official estate and gift tax exemption climbs to $12.06 million per individual for 2022 deaths, up from $11.7 million in 2021, according to new Internal Revenue Service inflation-adjusted numbers. And the gift tax annual exclusion amount jumps to $16,000 for 2022, up from $15,000 where it’s been stuck since 2018.  Read More.

NABE panelists project overall consumer price index will rise 6% year-over-year in fourth quarter Read More.

🇺🇸 The Grassroots Corner - Week Beginning 12/06/21: “Vendors Wanted!” Read More.

DUBLIN, Dec 3 (Reuters) - Leaders of the world’s largest economies hailed a recent agreement to overhaul global corporate tax rules as key ensuring multinationals paid their fair share of tax. Read More.

To become law, the FAIRtax will need to pass by a majority vote in the House of Representatives, by a majority vote in the Senate and then be signed by the President.  However, passing legislation in the Senate often requires more than a simple majority of 51 Senators in favor of a bill. Read More.

Capital gains aren’t the only factor to consider in anticipating the tax burden of an inherited home. Read More.

Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber. Read More.

The Internal Revenue Service has announced annual inflation adjustments for tax year 2022, meaning new tax-rate schedules and tax tables and cost-of-living adjustments for various tax breaks. Most numbers are up more than in recent years because of higher inflation. Read More.

Pending home sales for October due at 10am ET Read More.

Do you have more than $600 in your bank account? Well, that money could now raise a red flag, giving the government the right to track your spending. Read More.

🇺🇸 The Grassroots Corner - Week Beginning 11/29/21: “CPAC: Call to Action” Read More.

US stocks will close for trading at 1 pm ET on Friday Read More.

From all of us at Americans for Fair Taxation Read More.

SPRINGFIELD (WGEM) - Milk, bread, turkey and diapers - the effects of inflation have been wide-ranging for consumers. Read More.

Any suggestion that Dems' Build Back Better Act constitutes a broad-based, middle-class tax cut is clearly false Read More.