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federal taxes Archive

Reframing Biden’s Tax Plan And More State Tax Cuts

TweetShareSharePin0 Shares Biden: Tax cuts to help families and reduce the deficit. In tonight’s State of the Union Address, President Biden will reframe his tax proposals as a way to assist working families and reduce the deficit. “The President will call on Congress to send him a bill that lowers costs and lowers the deficit

How Does Your State Rank on Corporate Taxes?

TweetShareSharePin0 Shares In the coming weeks, we will break down our 2022 State Business Tax Climate Index, released in December, with maps illustrating each of the five major components of the Index: corporate taxes, individual income taxes, sales and excise taxes, property and wealth taxes, and unemployment insurance taxes. Today we look at states’ rankings on the corporate tax component,

Start your future by investing in US Savings Bonds

TweetShareSharePin0 SharesStart your future by investing in US Savings Bonds Do you feel like you have so many things you need to buy yet you’re not sure how to get the cash for it? Are you starting a family or have kids who are on their way to college? Do you have big plans and

Make A Car Donation To your Local Church

TweetShareSharePin0 SharesMake A Car Donation To your Local Church As long as your local church organization is an IRS recognized non-profit organization, there is no problem making a car donation and getting a tax benefit at the same time. Chances are you have probably heard that your local church needs to raise fund for a

Formulary Apportionment and the OECD Tax Deal

TweetShareSharePin0 Shares One of the greatest challenges of lawmaking is recognizing when a beautiful theory must succumb to an ugly fact. The purity of conceptual policymaking must take the real world into account and acknowledge that things that work well “in theory” sometimes fail spectacularly to meet expectations “in practice.” It would be wonderful if

Debt Settlement And Income Taxes

TweetShareSharePin0 SharesDebt Settlement And Income Taxes A very large number of people find themselves owing thousands of dollars to credit card companies and as a result, searching for viable options to successfully eliminate their debt in order to avoid a bankruptcy filing. Debt settlement has become a very popular alternative to bankruptcy amongst scores of

A Refinance Mortgage Loan Can Make Sense For You

TweetShareSharePin0 SharesA Refinance Mortgage Loan Can Make Sense For You Are you looking for a way to finance your kids’ college educations? Do you dream of taking the vacation of a lifetime? Would you like to purchase a new vehicle and perhaps be able to deduct the interest from your federal taxes? Would you like

Scott’s “Skin In The Game” Plan Could Raise Taxes By $100 Billion in 2022, Mostly On Low- And Moderate-Income Households

TweetShareSharePin0 Shares Sen. Rick Scott (R-FL), who chairs the National Republican Senatorial Committee, has proposed an 11-point plan to “Rescue America” including this: “All Americans should pay some income tax to have skin in the game, even if a small amount. Currently over half of Americans pay no income tax.” The Tax Policy Center estimates

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