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G-7 nations back global minimum corporate tax of at least 15%
The Group of Seven wealthy democracies agreed Saturday to support a global minimum corporate tax of at least 15% in order to deter multinational companies from avoiding taxes by stashing profits in low-rate countries.  Read More.
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AI is everywhere, and other tech stories you may have missed
Square eyes checking and savings for small businesses, DailyPay offers early access to wages, and eight other developments in technology this past month and how they’ll impact your clients and your firm. Read More.
#268 In Recognition of our Cosponsors
HR 25, The Fair Tax Act of 2021 was submitted to the 117th Congress in January. How many cosponsors do we have now and who are they? Read More.
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Treasury yields rise as Yellen says inflation’s rise is OK and temporary
Longer dated U.S. government debt yields were rising Monday morning, while short-term notes were seeing muted action, a phenomenon often described as a bear steepener. Read More.
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Is there a labor shortage? What the May jobs report tells us
The weaker-than-expected April report fueled speculation of a labor shortage. Officials in two dozen states leveraged the data to argue enhanced federal unemployment benefits were a primary culprit. Read More.
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Global tax floor at 15% is significant step, says OECD sec gen
A 15% global minimum corporate tax rate would be a “very significant step forward” that leaves countries enough margin to compete, Organization for Economic Cooperation and Development Secretary General Mathias Cormann said. Read More.
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A G-7 deal on a global minimum tax for companies faces hurdles
Many governments are likely to wait and see what others, especially a divided U.S. Congress, will do to put the deal into effect Read More.
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The Grassroots Corner June 7, 2021
🇺🇸 The Grassroots Corner - Week Beginning 6/7/21: “Briefing Congress Member Jeff Van Drew” Read More.
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CPA executives anticipate strong economy
Business executives who are CPAs are feeling more optimistic about the U.S. economy than they’ve felt in the past three years. Read More.
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While Elon Musk Boosts The Dogecoin Price, The Tesla Dogecoin Dream Is Already Coming True
Tesla billionaire Elon Musk, the meme-loving CEO who also leads rocket company SpaceX, has ramped up his support of "joke" cryptocurrency dogecoin in recent months. Read More.
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U.S. creates 559,000 jobs in May and unemployment falls to 5.8%, but it’s really just a so-so report
Companies can’t find enough workers to fill a record number of job openings Read More.
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The Chairman’s Report June 4, 2021
Each week there are many blogs that detail some of the many frauds perpetrated against the income/payroll tax system. ​​​​​​​ Read More.
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The economy is on fire, ISM shows, but labor and supply shortages are a big drag
The large service side of the economy expanded rapidly in May as Americans rushed to do all the things they couldn’t do during the pandemic Read More.
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Warning: Tax Collectors Around The World Are After You!
Tax collectors are coming after you as never before. This is bad news for a sustainable global economic recovery from the pandemic.  Read More.
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Housing shortage, rising prices push mortgage applications to February low
Refinancing also took hit as that index fell 5% over the week before Read More.

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