The IRS Wants To Monitor Your Bank Account: Watch Out!
October 19, 2021 10:00 am Comments Off on The IRS Wants To Monitor Your Bank Account: Watch Out!If Democrats and the IRS have their way, you can kiss your financial privacy goodbye.
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International Tax Competitiveness Index 2021
October 18, 2021 10:03 pm Comments Off on International Tax Competitiveness Index 2021Note: Each year we review and improve the methodology of the Index. For that reason, prior editions are not comparable to... View Article
Wrong Tax Base Leads to Multiple Issues for Federal Nicotine Tax Proposal
October 18, 2021 8:20 pm Comments Off on Wrong Tax Base Leads to Multiple Issues for Federal Nicotine Tax ProposalIn an effort to raise revenue, House Democrats have proposed increasing federal tobacco taxes and creating a new tax on... View Article
Treasury’s Growing Tax Enforcement Power
October 18, 2021 4:57 pm Comments Off on Treasury’s Growing Tax Enforcement PowerBenjamin M. Willis argues that reconciliation laws shift legislative power to the executive branch, potentially pushing the limits of executive... View Article
Ask Larry: Do Social Security Spousal Benefit COLAs Prevent Later Retirement Benefit COLAs?
October 17, 2021 8:25 pm Comments Off on Ask Larry: Do Social Security Spousal Benefit COLAs Prevent Later Retirement Benefit COLAs?Today’s column addresses questions about cost of living increases for spousal benefits’ effects on later COLAs for retirement benefits, taking... View Article
Biden’s Falling Approval Ratings Are Bad News For The Municipal Market
October 16, 2021 12:30 pm Comments Off on Biden’s Falling Approval Ratings Are Bad News For The Municipal MarketThe president’s approval rating has been taking a beating since the middle of August and that doesn’t bode well for... View Article
October Child Tax Credit Payments Hit Bank Accounts, With Downward Adjustments For Many Taxpayers
October 15, 2021 4:29 pm Comments Off on October Child Tax Credit Payments Hit Bank Accounts, With Downward Adjustments For Many TaxpayersAdvance child tax credit payment system faces another glitch, and the IRS is up to Letter O on its FAQs.... View Article
Part Of Build Back Better Could Be Disaster For Trust Owned Life Insurance
October 15, 2021 3:02 pm Comments Off on Part Of Build Back Better Could Be Disaster For Trust Owned Life InsuranceA provision of the Build Back Better Act threatens to louse up a lot of life insurance plans.
The United States Needs Better Student Loan Tax Relief
October 15, 2021 1:37 pm Comments Off on The United States Needs Better Student Loan Tax ReliefMore than 550,000 student loan borrowers may find it easier to have their balances forgiven under recent changes to the... View Article
South Dakota Turned Itself Into A Tax Haven. But Why?
October 14, 2021 7:03 pm Comments Off on South Dakota Turned Itself Into A Tax Haven. But Why?South Dakota turned itself into a tax haven. Trust companies earn big fees. Trust owners hide their assets and avoid... View Article