News & Perspective

Build Back Better accounting mess. While candidate Biden stated that he was only going to tax the rich, and then also pay for any programs that he proposed, the scale of the programs he us proposing, due to the impact of the Covid health crisis... Read More

Payday loan fraud tax evasion. A Prairie Village, Kansas, man was sentenced in federal court for engaging in two separate fraud schemes, related to millions of dollars in false payday loan debt and for tax evasion totaling more than $8 million.... Read More

Pandora papers tax corruption. The Tax scandel known as the Pandora Papers, not to be confused with the Panama Papers which goes back several year and involved the same type of tax related fraud, is causing headlines as is showcases the fact th... Read More

Taxes on Social Security income. We are often asked about different types of income, and whether they are taxable or not. Here we are going to discuss how to avoid taxes on Social Security income. You usually onlyhave to pay taxes on your Socia... Read More

Offshore havens hurt tax efforts. The Pandora Papers, and previous to that, the Panama Papers, showed a concerted effort by the Rich and Bankers to hide money from tax authorities all over the world. They are also largely responsible for the re... Read More

Salt tax fight continues. The SALT Tax which was implemented by President Trump, targeted wealthy coastal homes, that were in predominately blue states and voted Democratic. The idea was to tax them heavily, hoping it would cut into campaign co... Read More

Retail pouring money into local coffers. With the loosening of the pandemic restrictions, due to vaccine's and lower Covid cases, the local retail economy has boosted the tax revenue of many local government's who were struggling to pay for th... Read More

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 wit... Read More

Child tax credit payments start. In the aftermath of the Covid-19 pandemic, and the economic fallout left in its wake, millions of struggling Americans are rejoicing over the Chic Tax Credit Payments that the Biden Administration ushered in as ... Read More

Changes to earned income credit. These changes may mean more people will qualify for the credit. New for taxpayers this year is a provision under the Taxpayer and Disaster Tax Relief Act of 2020 that allows taxpayers to use their 2019 earned incom... Read More