Articles

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The Chairman’s Report March 18, 2022
"Good News, Tax Evaders! The IRS Can’t Keep Up" - This is the name of an article by Jay Starkman, a CPA, that appeared in the Wall Street Journal on February 15, 2022.  Read More.
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Democrats push to loosen gig worker tax reporting threshold
Lawmakers say current rules could mean tax forms going out to people selling used clothes and other belongings online Read More.
Americans sound the alarm over cost of gas, groceries and war in Ukraine
One man blames Biden's Keystone XL pipeline cancelation as one reason for high gas, grocery prices Read More.
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Flat tax is not a fair tax
In Monday’s Guest Editorial, John Hendrickson of Iowans For Tax Relief says “all taxpayers in Iowa will see tax relief” from the recently signed legislation. This statement is patently false! Iowa income taxes are graduated ranging from 0.33% up to 8.53%. Anyone making less than $28,000 a year is currently paying less than 4% in Iowa Income Tax. The new 4% flat tax will raise taxes on everyone in Iowa making less than $28,000. Read More.
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Catching tax evaders: 'Insight' into I-T dept algorithm that's scanning social media posts
After the demonetisation in 2016, India initiated ‘Project Insight’ to deter noncompliance, to impart confidence that all eligible persons pay appropriate taxes, and to promote a fair tax administration. Read More.
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The Grassroots Corner March 14, 2022
The Grassroots Corner - Week Beginning 3/14/22: “How To Get Candidates To Sign The FAIRtax Pledge – 2nd Installment: Meeting Prep” Read More.
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The Chairman’s Report March 11, 2022
"Millennials and Generation Z's Must Demand the FAIRtax! " - There are compelling reasons for all of us to support enacting the FAIRtax.  However, it is especially vital for Millennials and Generation Z if they are to have any hope of enjoying the opportunities and lifestyles that were available to the Baby Boomers and Generation X’s. Read More.
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Nearly Half Of IRS Audits Target Poorest Taxpayers, Report Finds
Nearly half of all IRS audits in 2021 targeted the nation’s poorest taxpayers, according to a new study. Read More.
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40 Years of Failure: IRS Unable to Fix Computer System
For 40 years the IRS has tried and failed to update its main computer system. Regardless of funding level and regardless of who controls the White House and Congress, the bureaucracy is simply unable to pull it off. The IRS and progressive Democrats continue to plead poverty and pretend the failure is due to insufficient funding rather than incompetence. Read More.
#307 The IRS Backs Down
Earlier it was announced that the IRS would enhance security on its web site by requiring would be users to verify their identity with a third-party vendor, ID.me. Read More.
Oil prices give up overnight gains after US bans import of Russian crude
The imports up until now had been an omission in the massive sanctions put in place on Russia over the invasion of Ukraine Read More.
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As Gas Prices Spike, Maine Could Suspend Gas Tax
While we have seen a steady increase in the price of gas, and other energy types, since early 2021, we have really seen the price of gas, diesel, and heating oil spike since the beginning of the Russian invasion of Ukraine. Read More.
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6 Reasons You're Putting Off Writing A Will And How To Overcome Them
When Ellen and Carl Otterness' daughters were young, the couple wrote wills. Their primary goal was to name a guardian for their children if something happened to both of them. Then they didn't think about it … for decades. Their now-adult daughters are both over 40, with husbands and kids of their own. Read More.
Investors start buying Ukraine, Russia bonds
Some banks want the bonds to offset trades involving Russian credit-default swaps, or CDS Read More.
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IRS aims to hire 10,000 workers to reduce crippling mail backlog
The IRS plans to hire 10,000 new full-time workers to play a direct role in helping the agency reduce its backlog of millions of unprocessed tax returns and other mail from individual and business taxpayers, according to the leader of the union that represents most of the IRS workforce. Read More.

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