TREASURY EQUITY PLAN REPORTS PROGRESS

Treasury equity plan reports progress. Even though the tax filing season is over, Treasury and the IRS will continue gathering feedback as part of efforts over the past year to make the tax system more equitable and fair, according to Treasury’s Equity Action Plan: One Year Progress Report. The report documents the department’s participation in […]

BIDEN TO PAY FOR ALL PROPOSALS

Biden to pay for all proposals. President Joe Biden has stated that he intends to pay for all of his spending proposals by increasing the taxes on the wealthy and on Corporate America, which is exactly what he said when he ran for the Presidency. Even though the extent of his proposals seem a bit […]

SUMMER TAX SCAM ALERT

Summer tax scam alert. The IRS has issued a warning for summer tax scams, even though the tax filing season is just starting for most citizens and business owners. Being cautious and alert regarding new summer tax scams, and being prepared ahead of time is what the IRS is trying to accomplish by educating the […]