Taxes

The IRS has issued a new warning urging people to carefully review the Employee Retention Credit (ERC) guidelines before claiming the credit. Radio, TV and the internet are full of aggressive and alluring claims of free money, $26,000 per employee, with no money down. The IRS warns that the fees charge may be large and

The IRS has a new commissioner. On Thursday, Mar. 9, 2023, the Senate voted to confirm Daniel Werfel to lead the IRS. The confirmation vote was 54-42, with four Senators not voting, including Dianne Feinstein (D-CA), John Fetterman (D-PA), and Mitch McConnell (R-KY), who were not available due to medical reasons. Only one Democrat voted

Close on the heels of Donald Trump’s idea to build up to 10 “freedom cities” on federal land come reports that Elon Musk is planning a “Texas Utopia”—his “own town” says the Wall Street Journal. But although America has a long history of company towns, the plans for what some are calling “Muskville” so far

In 1973 President Richard Nixon told reporters that “people have got to know whether or not their president is a crook.” He would soon release his tax returns in a bid to ease the nation’s fears — unsuccessfully, as it turned out. Still, Nixon’s comment marked the start of a voluntary tax disclosure tradition. For

President Biden’s 2024 budget would raise taxes by more than $4.5 trillion over the next decade. And keeping to a pattern Biden began in his 2020 presidential campaign, nearly all the new revenue would come from high-income households and corporations. Biden’s tax agenda never will be approved by the current Congress. The Republican-controlled House will

Cindi Lincoln, third wife of young earth creationist preacher Kent Hovind, is suing Hovind consigliere Ernie Land, Kent Hovind, himself, and various entities about financial commitments made to her in exchange for support of Hovind’s Dinosaur Adventure Land (DAL) in Lenox Al. I have not been covering many of the developments in the Hovind story

The tax season is upon us, and you may feel excitement or dread at this time of year. For many Americans, tax season is a time of year they look forward to receiving an income tax refund. Retailers everywhere present options for making the most of your tax refund with special offers on new cars,

Come back on March 9th from 12:30 pm – 1:30 pm EST to join the LIVE conversation in the commenting section of this article. Tax Day is just around the corner. Traditionally, Tax Day is April 15, but in 2023, taxpayers get a break as the tax filing deadline is delayed for all individual taxpayers

We’re coming down to the home stretch for tax season, which opened on Jan. 23, 2023, and will run until Apr. 18, 2023. IRS numbers continue to indicate that taxpayers are getting their returns in and processed more quickly than they did last year. The most recent data available compares the filing weeks ending Feb.

If he’s re-elected President, Donald Trump proposes building ten brand-new “freedom cities” on federal land. But waving a magic wand isn’t how cities develop. America neglects its existing cities, and any urban funding should go to help with their many needs. Trump’s “freedom cities” idea doesn’t have much detail. In a campaign video, Trump said