Action Network initiates $10 million advertising campaign for Republican tax cuts legislation
Tax Cuts Promoted by Republican Advocacy Group Conservative advocacy groups aligned with House Speaker Mike Johnson are investing heavily in promoting tax cuts through the Working Families Tax Cuts Act. On Tuesday, the American Action Network (AAN) unveiled a $10 million advertising campaign that will run across the nation until the April 15 tax filing […]
Mike Johnson promotes deduction for workers with ‘no tax on tips’ before Tax Day
Tax Cuts Highlighted Ahead of Tax Day As Tax Day approaches, House Speaker Mike Johnson (R-Louisiana) is emphasizing tax cuts enacted by Republicans last year, aimed at increasing take-home pay for many Americans. Bob Mitchell, an Uber driver from South Florida, shared his experience with Johnson about a new “tax-free” deduction that led to a […]
GOP candidate Bruce Blakeman criticizes Mamdani’s ‘death tax’ plan
Republicans Oppose NYC Mayor’s Inheritance Tax Proposal Republican gubernatorial candidate Bruce Blakeman, along with other state-level candidates, strongly criticized New York City Mayor Zoran Mamdani’s plan to significantly raise the inheritance tax, arguing that it would adversely affect middle-class families. On Monday, they unveiled a strategy to thwart the proposal. The Democratic Socialists aim to […]
Average tax refund reaches $3,571 during the 2026 filing season according to IRS data
IRS Reports Increase in Tax Refunds for 2026 Filing Season Recent statistics from the IRS indicate that the average tax refund for the 2026 filing season has risen significantly compared to last year, as the filing deadline draws near. As of March 20, the average tax refund has reached $3,571, marking an increase of $350, […]
Zohran Mamdani supports homeowners but overlooks concerns about property tax risks
Praise the Lord! In a recent speech at Jamaica’s Greater Allen Cathedral, Mayor Zoran Mamdani seemed to sidestep the contentious issue of a potential 9.5% property tax increase, leading many to speculate he might be reconsidering this unpopular proposal. During his remarks on Palm Sunday, the Democratic Socialist mayor spoke to a congregation predominantly made […]
Three Recent Changes to Retirement Tax Rules and Who Should Take Notice
If you’re eyeing retirement in 2026, get ready for some potential surprises regarding your taxes. Several recent federal policy shifts might just open up new avenues for you to cut expenses, but there could also be hidden traps. Changes likely mean that while some individuals could decrease their tax bill, others could inadvertently raise it […]
How an NRI can challenge a one-sided tax ruling
Inquiry from an NRI Regarding Income Tax Assessment An NRI recently discovered that an ex parte income tax assessment had been made against them in India. Additions were made under Section 69 of the Income Tax Act concerning deposits in NRE and FCNR accounts. They stated they have no taxable income in India and have […]
JAMES CARTER and SEVASTIAN HORTON: The Important Minerals Tax Solution That Congress Should Not Overlook
In April 2025, China imposed export restrictions on seven heavy rare earth elements. This change came alongside a new licensing regime, leading to a sharp decline in exports to the U.S. and other significant markets. Automakers found themselves scrambling to adapt, and the Pentagon raised concerns about potential risks to military readiness. This move wasn’t […]
Online tool allows you to track your tax refund status.
Insights on Tax Refunds As Filing Deadline Approaches With just a few weeks left until taxpayers must either file their returns or request an extension, many are focused on tax season. Some individuals who have already submitted their returns are still anxiously waiting for their refunds. As of mid-March, about 70 million taxpayers have already […]
Millionaire tax in Washington encounters claims of being unconstitutional during exodus
Travis Kalanick’s Move to Texas: A Strategic Escape from California Taxes Travis Kalanick, co-founder of Uber, took a decisive step on December 18, relocating from San Francisco to Austin, Texas, just prior to California’s looming billionaire residence tax deadline. By making this move, he sidestepped a potential loss of $180 million from his $3.6 billion […]