Current News

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Foreclosures are on the rise. Here’s what that says about the housing market
In January there was a seven-fold increase in foreclosure starts, new data shows. Read More.
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Tesla Stock Plunge Wipes Out $114 Billion In Value As Twitter Deal Sparks Fears
Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve's looming interest rate hikes. Read More.
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The Grassroots Corner April 25, 2022
The Grassroots Corner - Week Beginning 4/25/22: “Americans Overseas” Read More.
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The IRS Never Debited My Tax Payment. Now What?
Most people who file a tax return end up collecting a refund. But you may have landed in the opposite situation. Read More.
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The Chairman’s Report April 22, 2022
"A Theoretical Note On Tax Evasion: The Case Of The American FAIRtax Plan" - This is the title of an article published in Scientific Research Publishing. The authors are Dr. James Barth, Dr. Yinan Ni and Dr. Richard Cebula. Read More.
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Which Classic Tax Strategies Are At Risk In A Democratic Congress?
You may be counting on the step-up, Roth conversions and donor-advised funds. But politicians could snatch these goodies away. Read More.
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Elon Musk doesn't own a house
Elon Musk doesn't own his own home. Read More.
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IRS Chief: Backlog Of Tens Of Millions Of Returns Will Be Processed By December
Internal Revenue Service Commissioner Charles Rettig told Congress today the backlog of tens of millions of tax returns from last year will be processed by December. Read More.
How to manage a 'diligent' budget amid record inflation
Your income minus giving and saving categories should equal zero, Rachel Cruze explains Read More.
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Grocery tax cut considered, but never acted upon by state’s political leadership
Mississippi’s political leaders have talked for years about cutting the 7% tax on groceries, the highest statewide tax of its kind in the nation in its poorest state. Read More.
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The Grassroots Corner April 18, 2022
The Grassroots Corner - Week Beginning 4/18/22: “Tax Software” Read More.
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Chaotic IRS Filing Season Shows the Perils of Running Social Policy Through the Tax Code
As the deadline for the 2022 tax filing season nears, the IRS faces scrutiny for its backlog of returns, inaccessible taxpayer service, and delays in issuing certain refunds. Read More.
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The Chairman’s Report April 15, 2022
This Should Be The last April 15th Tax filing Day We Have To Endure! Read More.
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Gov. Kelly calls for full food tax cut ‘now,’ pushes back at GOP plan
TOPEKA, (KSNT)— Kansas Governor Laura Kelly led another push to get her “Axe the Food Tax” planpassed this year. Read More.