federal taxes Archive

TweetShareSharePin0 Shares Still fighting over permitting reform in the stop-gap spending bill. Senate Majority Leader Chuck Schumer wants to include a provision to expedite the development of fossil fuel and other energy products in the temporary spending bill that must pass by Sept. 30 to avoid a government shutdown. The language is part of a

TweetShareSharePin0 Shares Property taxes are the primary tool for financing local government and generating state-level revenue in some states as well. In fiscal year 2020, property taxes comprised 32.2 percent of total state and local tax collections in the United States, more than any other source of tax revenue. Local governments rely heavily on property taxes to fund schools, roads, police departments, fire and

TweetShareSharePin0 Shares In May 2022, the Federal Bureau of Investigation (FBI) launched a probe into the City of Anaheim, ultimately uncovering layers upon layers of corruption in the California city. Now, new mayoral candidates have emerged, and they are facing an uphill climb. When news of the original FBI investigation broke, the Los Angeles Times

TweetShareSharePin0 Shares A recent petition for the criminal tax trial against the Trump Organization has been denied on the heels of former Trump CFO Allen Weisselberg turning state’s witness against his ex-employer. Reuters reported on the ongoing situation, sharing details about yesterday’s ruling in New York City, noting that the judge believes that the company

TweetShareSharePin0 Shares It’s always tempting to exaggerate the importance of the latest big fight in Congress. The Inflation Reduction Act of 2022 (IRA) made some major policy changes. But big or revolutionary in sheer dollars? No. Most of the major provisions of the new law will move around just a fraction of one percent of total

TweetShareSharePin0 Shares With record inflation now squeezing American household budgets, you can thank our Senior Fellow Emeritus Steve Entin for shielding U.S. workers from being pushed into higher tax brackets. If ever there was a paycheck protection program, defending people from bracket creep may be the most important one ever designed. It all started some

TweetShareSharePin0 Shares One more try at an enhanced child tax credit… Source link TweetShareSharePin0 Shares