IS PRESIDENT BIDEN INCREASING TAXES OR NOT
Is President Biden increasing taxes or not. During the campaign trail, then candidate Biden promised a multitude of benefit s for the middle class, due to what he saw as a nation that was slipping into a two tiered system of the have’s and have not’s. He promised not to tax anyone with an income […]
BACK TO SCHOOL SALES TAX HOLIDAY
Back to school sales tax holiday. With the government trying to kickstart the economy into gear after the Covid pandemic’s onslaught on the U.S. economy, the Biden Administration and many local government’s are doing what they can to give tax break’s to American’s to put more money into their pockets to jumpstart the economy. With […]
AS SENATOR I WILL TAX MY OWN WEALTH
As senator I will tax my own wealth. Jeff Bezos, the wealthiest man on the planet, has blasted himself into space. This a few days after Richard Branson’s own rocket ride. It seems the rich are taking joy rides and it remains to be seen if this is to the benefit of humanity, or if […]
BIDENS CHILD TAX CREDIT TO BOOST SPENDING
Bidens child tax credit to boost spending. Biden’s child tax credit checks will boost spending by as much as $200 billion, with Amazon, Walmart, and other retainers set to gain. U.S. retail and consumer firms could see a $200 billion boost thanks to child tax credits. Around 39 million households will start receiving up to […]
TOP CASES FOR TAX PRACTITIONERS
Top cases for tax practitioners. In our ongoing coverage of things relevant to Tax Court, we want to highlight some cases that most tax practitioners should be aware of. These cases go into common issues that arise in the course of dealing with taxpayers issues. Being familiar with these cases is essential for understanding the […]
