Economy & Recession

How much money to fix Social Security ? Many different proposals have been put on the Political Table over the years to fix the coming Social Security shortfall, but the reality is that neither party wants to be the party that cuts benefits for fe... Read More

Trump's tax cuts changed economy. Americans have been getting used to the new Tax Cuts and Jobs Act slowly but surely. Some if its effects are already visible, and some of them will take months, or even years, to  understand. After all, econo... Read More

U.S. military tax relief information. For federal tax purposes, the U.S. Armed Forces includes officers and enlisted personnel in all regular and reserve units controlled by the Secretaries of Defense, the Army, Navy, and Air Force. The Coast G... Read More

State of Economy and Taxes. This was the headline in President Trump's recent State of the union speech. While the economy was the centerpiece of the speech, he also touched upon the Tax Cuts and Jobs Act, and its impact on the economy. While h... Read More

How the 2019 tax rates could affect you. It is yet an undecided issue. Not until you file your tax return will you know for sure. The promise of the Trump Administration throughout the campaign and after the election was that tax cuts would be for... Read More

Digital economy tax issues. Cross border taxation of digital transactions presents many challenges to countries and multinational companies. Some countries have acted unilaterally to impose digital taxes, while international organizations have bee... Read More

Winners and losers from new kiddie tax. There will have new winners and losers so beware parents and grandparents. It will also raise the cost of giving sharply in some situations. The tax is a special levy on a child's "unearned" income above $21... Read More