News / General Business

5 tax resolutions for 2017

Source: marketwatch.com - Jan 18, 2017

I know you were supposed to make all your New Year’s resolutions for 2017 before now, but since it’s still very early in the year it’s OK to add some resolutions that have to do with taxes.... Read more >

Category: General Business

Millennials are falling behind their boomer parents

Source: nola.com - Jan 17, 2017

Baby Boomers: your millennial children are worse off than you. With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being... Read more >

Category: General Business

Tax Advocate: Use tax breaks you're entitled to

Source: finance.yahoo.com - Jan 17, 2017

WASHINGTON (AP) -- Donald Trump's acknowledgement last fall that he had not paid federal income tax in years left some questioning why they should have to pay taxes. "I think you pay taxes because... Read more >

Category: General Business

US Congress Receives Bill To Cancel CEO Tax Breaks

Source: tax-news.com - Jan 17, 2017

Legislation has been introduced in Congress to stop the unlimited US corporate tax deductions allowed for performance-based executive pay. Lloyd Doggett (D - Texas), a member of the House of... Read more >

Category: General Business

What you need to know now about the upcoming tax season

Source: fox8live.com - Jan 16, 2017

It's a new year and time to put the last one to bed, which means filing your taxes. The Internal Revenue Service says to expect a few changes when the nation's individual income tax filing season... Read more >

Category: General Business

Mexico Fires Back on Proposed 'Border Tax'

Source: twcnews.com - Jan 16, 2017

There is less than a week to go before the inauguration and Mexico's Economy Minister Ildefonso Guajardo sent Donald Trump a fighting message. Mexico will retaliate right away if the U.S. hits... Read more >

Category: General Business

Why You Shouldn't Wait Until April To File Your 2016 Taxes

Source: forbes.com - Jan 16, 2017

This story originally appeared on LearnVest as "Should You File Your Taxes Early?" January means snow days, NFL playoffs, and for an estimated 153 million Americans, the beginning of tax season.... Read more >

Category: General Business

SALES TAX SLICE: THE SALES TAX PRICE TAG ON CELEBRITY SWAG BAGS

Source: bna.com - Jan 12, 2017

An occupational hazard of working in the sales tax world is that we can start to view everything through the lens of sales taxes. So, while everyone else was ogling the dresses, the shoes, the hair... Read more >

Category: General Business

OMG! House Republicans Are Preparing To Hit Consumers With A Horrible New Tax That Will Harm Trump And Hurt The Economy

Source: forbes.com - Jan 12, 2017

REPUBLICANS in the House of Representatives are inadvertently setting a nasty political and economic trap for Donald Trump. Yes, it’s the Republicans, not the Democrats, who are ready to... Read more >

Category: General Business

8 tax moves to make as 2017 begins

Source: marketwatch.com - Jan 12, 2017

A new Congress was sworn in recently. While it’s busy trying to repeal Obamacare, I hope it also has time to extend some tax breaks that were set to expire at the end of 2016. In the meantime,... Read more >

Category: General Business

IRS and Partners Look to Start of 2017 Tax Season; Encourage use of IRS.gov

Source: irs.gov - Jan 11, 2017

R-2017-01, Jan. 5, 2017 Español WASHINGTON — The Internal Revenue Service and partners... Read more >

Category: General Business

IRS Chief Talks Tax Season Open, Refund Delays & Trump Transition Team

Source: forbes.com - Jan 11, 2017

With tax season looming, Internal Revenue Service (IRS) Commissioner John Koskinen and partners from state tax authorities and the tax preparation and software industry shared what taxpayers need... Read more >

Category: General Business

12 Million to Pay More Social Security Tax in 2017

Source: investopedia.com - Jan 11, 2017

Amid all the chatter about tax cuts the incoming Republican administration is expected to shepherd through a Republican Congress, it's easy to lose sight of a tax increase. Social Security payroll... Read more >

Category: General Business

When Will My 2017 Tax Forms Come?

Source: fool.com - Jan 11, 2017

To do your taxes, you need all the information that gets sent to you on various tax forms. Find out when yours will arrive. Many people are in a hurry to get their taxes done as soon as possible.... Read more >

Category: General Business

U.S. Small-Business Optimism Index Surges by Most Since 1980

Source: bloomberg.com - Jan 10, 2017

Optimism among America’s small businesses soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the presidential... Read more >

Category: General Business