by Harry | Nov 27, 2019 | News & Tips, Tax Info, Tax News
Several Democratic candidates have proposed a wealth tax. For example, Elizabeth Warren has proposed a wealth tax that would raise an estimated $3.5 trillion over 10 years. Senator Warren has said that this wealth tax would pay for her proposed programs, such as free...
by Harry | May 31, 2019 | Tax News
Every year, those who underpay their estimated tax are subject to penalty fees from the IRS. But this year, the number of Americans who underpaid may have dramatically increased, due to the Tax Cuts and Jobs Act and how that has affected withholding figures. Luckily...
by Harry | May 28, 2019 | Tax News
April 15th, 2019 marked the end of the first filing season under the new tax code. Now that taxes have been filed, many people are wondering: did the GOP tax bill live up to its promises? Did the tax bill actually give all the benefits Americans were promised? In this...
by Harry | Jan 7, 2019 | Tax News
In their first bill as the new majority party of the U.S. House, Democrats have introduced legislation that would require presidential and vice presidential nominees to disclose 10 years of tax returns to the public. What Other Issues Does the Bill Cover? The bill,...