CHRISLEY’S CONVICTED OF TAX FRAUD

Chrisley’s convicted of tax fraud. Todd and Julie Chrisley, the famous TV show personality’s have been convicted on all counts of bank and tax fraud after a three week trial. The Chrisley Knows Best starts could get up to 30 years behind bars. A federal grand jury found Todd, 53, and Julie, 49, guilty of […]

RICH NOT POOR NATIONS BENEFIT

Rich not poor nations benefit. Many of the International Tax Agreements that are made never make headlines across the world. With politics, wars, and Covid vying for the public’s attention, the impact of certain tax agreements seem trivial to many world citizens. Yet the impact to poor nations on these agreements can hurt their economic […]

ABOVE THE LINE TAX DEDUCTIONS

Above the line tax deductions. While you need to itemize deductions to take advantage of the tax benefits discussed in the previous section, there are quite a few tax deductions that you can use regardless of whether you itemize or take the standard deduction. These are known as adjustments to income and are more commonly […]

SEATTLE FREEZES PAYROLL TAX DEBATE

Seattle freezes payroll tax debate. The Seattle City Council has suspended its consideration of a proposed payroll tax. City Council president M. Lorena Gonzalez (D) noted that a proclamation by Washington State Gov. Jay Inslee (D) limits the topics that public bodies such as the city council can take action on during the pandemic to […]

TAKING SOCIAL SECURITY IN THE PANDEMIC

Taking Social Security in the pandemic. The trend has been moving in a positive direction: Over the last decade, far more workers who are eligible for Social Security have been waiting to file, often substantially increasing their lifetime annual benefits. But the stunning job losses in the pandemic induced economic crisis could bring this trend […]