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Tax Hikes Coming Soon to City Near You?

Local municipalities across the country are considering significant tax hikes to plug coronavirus-induced budget shortfalls. Some officials are already calling the increases inevitable. (foxnews.com) Property tax rates in Nashville, Tenn., will be increasing by 34 percent…

Coronavirus Stimulus Includes Meaningful Tax Relief

The $2 trillion coronavirus relief package, dubbed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), contains meaningful tax relief.  MarketWatch explains how one provision specifically helps IRA owners in this uncertain time. (MarketWatch)…

The One Thing You Need to Do to…

The IRS is issuing a new warning to all accountants and taxpayers about data theft. Fortunately, there is an easy step you can take to overcome it. (Forbes) But the IRS does have a solution…

How Tax Seasons Biggest Problems May Affect You

Watch the latest video at foxnews.com Tax season is upon us yet again, and, unfortunately, when it comes to customer experiences, the IRS is among the "lowest performing federal agencies." But that's not all. A…

Congress Made It Easier to Avoid the Taxman

Surprisingly, Congress has made it easier to avoid the IRS. The Legislative Branch has done so by slashing the department's budget relative to the cost of inflation. In total, IRS appropriations have decreased by 20%…

Capital Gains Proposal Could Change Everything

Supporters of the president believe the Trump administration should index the capital gains tax to inflation, calling it a pro-growth move. (Washington Post) It is wrong to tax inflation. Last week, President Trump agreed. He…