We've just published a detailed piece in which we make the case that it's time for the U.S. federal government to stop taxing capital gains on gold and silver bullion:
https://www.bullionstar.us/blogs/bullionstar/stop-taxing-bullion/
The U.S. government and Federal Reserve have created massive...
I went down an internet rabbit hole and found this:
https://itep.org/whopays/
It looks like the report/analysis is based upon data through 2018. As it's a 6th edition, perhaps they will update it at some point.
President Biden and congressional Democrats imposed a long list of tax increases as part of their “Inflation Reduction Act” passed in 2022.
On Jan. 1, 2023 the following Democrat tax hikes will take effect:
$6.5 Billion Natural Gas Tax Which Will Increase Household Energy Bills
Think...
IRS warns taxpayers about new $600 threshold for third-party payment reporting
Story by Kate Dore, CFP® • Yesterday 1:09 PM
The IRS on Tuesday warned taxpayers about the new $600 threshold for receiving Form 1099-K for third-party payments.
The change applies to payments from third-party...