Current News

Robinhood, the mobile app that pioneered commission-free stock trades, filed for its hotly anticipated initial public offering on Thursday afternoon, divulging $959 million in revenue for 2020 as retail trading boomed—up 245% from 2019. Read More.

Rather than have a picture of fireworks or picnics or other activities usually associated with the 4th of July, it seems that we should remember why many of us have persisted in the effort to replace the federal income tax with a national retail sales tax—the FAIRtax. ​​​​​​​ Read More.

The U.S. Supreme Court on Monday denied a request by New Hampshire to file a bill of complaint against Massachusetts in a case involving Massachusetts’s taxation of remote workers during the COVID-19 pandemic. The Supreme Court’s order indicated that Justice Clarence Thomas and Justice Samuel Alito would have granted the motion. Read More.

The consulting firm helps ransomware victims negotiate with hackers will facilitate payments to cybercriminals to reopen breached businesses. The federal government advises against paying, especially when there’s the risk of giving money to America’s adversaries. Read More.

Numbers come days after Freddie Mac reported average mortgage rates had climbed past 3% Read More.

TOKYO, June 28 (Reuters) - The dollar held firm on Monday after slightly softer-than-expected U.S. inflation did little to chip away investors' conviction that the Federal Reserve could tighten monetary policy if consumer price pressures continue to intensify. Read More.

Households will be net buyers of $400B in equities in 2021: Goldman Sachs Read More.

“Some investors are wagering that Wall Street’s preference for green energy will depress spending on oil extraction, setting the stage for supply shortages and higher fuel prices.” Wall Street Journal, June 14, 2021Wait, what? Oil prices are shooting up and likely to stay up, but “Wall Street’s preference for green energy” will depress spending on oil extraction? Read More.

Advisors urge caution but say new bills won't necessarily mean more scrutiny from tax collectors. Read More.

🇺🇸 The Grassroots Corner - Week Beginning 6/28/21: “Hostile Argument: We Will End Up With Both An Income Tax And A Sales Tax” Read More.

A former British waitress will go into battle with the Australian Tax Office in the High Court today, over whether she was unfairly taxed as a backpacker. Read More.

There are penalties for overstuffing retirement accounts and underspending the money Read More.

Miami's salty coastal air could have facilitated the erosion of steel, expert said Read More.

All of us are familiar with non-profit charitable organizations. Many of us know that these organizations qualify as “exempt” under Section 501(c)(3) of the Internal Revenue Code (IRC). This exemption is quite valuable to an organization in two primary ways. ​​​​​​​ Read More.

The signing of a Colorado-specific child tax credit bill into law by Governor Jared Polis appears timed for maximum support of a federal effort to support families that is already underway. Read More.