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Federal Tax Updates Archive

Stock Buyback Tax Would Hurt Investment and Innovation

TweetShareSharePin0 Shares The Senate-passed Inflation Reduction Act (IRA) calls for a new 1 percent excise tax on stock buybacks, the argument being it would be better for the economy if firms invested their surplus cash in the business, rather than returning this value to shareholders. However, research suggests that buybacks do not hinder investment opportunities,

Tax Justice Network Arabic podcast #56: ملخص لحلقات ٢٠٢٢

TweetShareSharePin0 Shares Welcome to the 56th edition of our Arabic podcast/radio show Taxes Simply الجباية ببساطة contributing to tax justice public debate around the world. It’s produced and presented by Walid Ben Rhouma and is available on most podcast apps. Any radio station is welcome to broadcast it for free and websites are also welcome to share it. You can follow

July 2022 Spanish language tax justice podcast, Justicia ImPositiva: Gustavo Petro y el nuevo equilibrio geopolítico mundial – 121

TweetShareSharePin0 Shares Welcome to our Spanish language podcast and radio programme Justicia ImPositiva with Marcelo Justo and Marta Nuñez, free to download and broadcast on radio networks across Latin America and Spain. ¡Bienvenidos y bienvenidas a nuestro podcast y programa radiofónico! Escuche por su app de podcast favorita. En este programa: La asunción de Petro en Colombia y el

August 2022 Spanish language tax justice podcast, Justicia ImPositiva: Gustavo Petro y el nuevo equilibrio geopolítico mundial – 121

TweetShareSharePin0 Shares Welcome to our Spanish language podcast and radio programme Justicia ImPositiva with Marcelo Justo and Marta Nuñez, free to download and broadcast on radio networks across Latin America and Spain. ¡Bienvenidos y bienvenidas a nuestro podcast y programa radiofónico! Escuche por su app de podcast favorita. En este programa: La asunción de Petro en Colombia y el

Ignore the Debate Over Whether the Inflation Reduction Act Raises Taxes on Those Making $400,000 Or Less

TweetShareSharePin0 Shares As Congress is about to pass the Inflation Reduction Act, Washington is once again having a breathless debate over very little. This one is about whether Democrats are violating President Biden’s pledge to not raise taxes on households making $400,000 or less annually. But here’s the secret: This is yet another ridiculous political

Key West Man Sentenced to Years In Prison For Tax Crimes, Immigration Fraud

TweetShareSharePin0 Shares A Key West man has been sentenced to four years in prison for committing tax crimes and immigration fraud. According to a Department of Justice official release, Volodymyr Ogorodnychuk assisted in operations for Paradise Choice LLC, Paradise Choice Cleaning LLC, Tropical City Services LLC, and Tropical City Group LLC, all of which were South Florida staffing companies. 

House Convenes Special Session For Inflation Reduction Act Vote

TweetShareSharePin0 Shares The United States House of Representatives is convening a special session to pass the Inflation Reduction Act of 2022, which was already been approved by the United States Senate on August 8, 2022. Despite “unanimous Republican opposition,” as reported by People Magazine, the Senate passed Democrats’ highly-publicized bill, which includes sweeping climate, healthcare, and tax provisions. The New York

Trump Tax Fraud Trial to Officially Begin October 24

TweetShareSharePin0 Shares After a motion for dismissal was denied, a tax fraud trial involving the Trump Organization is set to begin on October 24, 2022. Bloomberg shared details: The Trump Organization and its longtime chief financial officer, Allen Weisselberg, will go on trial Oct. 24 in a tax fraud case, after a New York state judge

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