Small Businesses Benefiting from Trump Tax Cuts; Expanding Locations, Hiring More Staff, Increasing Pay
Job Creators Network Poll Highlights Impact of Tax Cuts on Small Businesses This week, the Job Creators Network, known as America’s largest advocate for small businesses, released new voting data shortly after President Trump enacted a significant bill backed by the Republican Party. A national survey by Scott Rasmussen and John McLaughlin, involving 400 small […]
Your IRS Tax Refund Might Be Prevented Following Trump’s Recent Directive
The US government is undergoing significant changes, particularly concerning payment methods. An order, signed in March 2025, outlines that, by September 30, 2025, all payments from the Federal Government, including tax refunds, will be made electronically. This marks a shift away from traditional paper checks, which will no longer be issued by the Department of […]
Mamdani aims to persuade New York City’s rich that tax increases will enhance their quality of life.
New York City Mayoral Candidate Advocates for Tax Hikes Zohran Mamdani, a democratic socialist running for mayor of New York City, expressed on Sunday his intention to persuade wealthy residents that higher taxes could enhance their quality of life. This idea surfaced during his conversation with Pastor Al Sharpton on MSNBC’s “PoliticsNation.” When asked how […]
Reasons gold has higher tax rates compared to stocks and requires policy reform
Gold’s Rising Value Amid Tax Issues Gold is currently experiencing unprecedented highs, driven by a variety of factors, particularly shifts in how central banks view their reserves. Many are moving away from the US dollar and opting for gold, primarily due to rising inflation concerns and the push for safer investments. But there’s a significant […]
Liz Weston: Homeowners lose step-up tax basis if they are not married
Dear Liz: I co-own a house with my long-term boyfriend. If one of us passes away, how does the capital gains step-up impact the surviving partner? Answer: The deceased partner’s share of the home gets a new tax basis, while the survivor’s Portion remains unchanged. A tax basis is crucial for figuring out how much […]
Property Tax in Greece’s Border Regions to Be Eliminated
Greek Prime Minister Kyriakos Mitsotakis is set to make an announcement at the Thessaloniki International Fair regarding the elimination of property taxes in select major Greek areas. This initiative specifically targets towns and villages with populations between 3,000 and 5,000. The intent is to bolster these communities, enhance national security, and tackle demographic issues. Government […]
Changes to 2026 W-2 and W-4: No tax on tips, additional deductions for those 65 and older, and more
Impact of New Tax Laws on W-2 Forms Are you curious about how the latest tax laws might change your salary and taxes? Some insights can be found within the updated W-2 form for employees. The IRS has recently released a draft of the new W-2 form. This will be used for calculating tax withholdings […]
Alfredo Ortiz: Reduced Interest Rates and Tax Reductions Will Enhance Job Growth in the Coming Months
Stagnation in the US Job Market The current state of the US job market illustrates the challenges faced by small and medium-sized businesses grappling with interest rates that are about 2 percent higher compared to their counterparts in other industrialized nations. The latest job report, released on Friday, revealed that job creation has been basically […]
Ohio senator proposes a 25% tax on businesses that move jobs abroad.
Ohio Senator Proposes Legislation Targeting Outsourcing Ohio Republican Senator Bernie Moreno has put forth new legislation designed to impose fines on companies that outsource jobs and operations overseas. This proposal, introduced on Friday, aims to support job creation within the United States. The legislation, dubbed the “International Transfer of Employment Act,” places a 25% tax […]
Deputy PM Angela Rayner Steps Down Amid Property Tax Controversy
British Deputy Prime Minister Angela Rayner announced her resignation from the left-leaning labor government on Friday, stating that she believed the Parliament’s Watchdog had breached the Minister’s Act due to her failure to pay property taxes. Rayner, previously the Housing Minister, expressed that she “deeply regretted” stepping down and not consulting a tax expert when […]