Other than Letters of Marque in the US Constitution (Article I, Section 8, Clause 11: To declare war, grant letters of marque and reprisal, and make rules concerning captures on land and water”), I can’t remember the IRS putting out such a notice that if you take an enemy’s stuff off the battlefield, you don’t have to report it.
IRS
BLM Co-Founder Who Made Millions from Donors Thinks Reporting it to the IRS is … Racist?
Remember when BLM co-founder Patrisse Cullors dropped over a million on a mansion (in a mostly white neighborhood) in California. Well, her ‘Non-profit’ has raked in at least 90 million, and inquiring minds want to know what they did with the money.
So Kenneth Clark of the IRS is looking for information on Marilyn Todd?
Well now, this is rather interesting! I found, in my INBOX, an email from a Kenneth Clark purporting to be from the Criminal Investigation Dept of the Internal Revenue Service. Topic? Marilyn Todd.
How the IRS is Helping the Globalists Create Your Digital Tracking ID
Climate Change is the regulatory monopoly of energy to control behavior. Obama Care was a stage one effort to manage and track your person through regulations and digital medical records. COVID passports are actual digital on-demand IDs.
The Accidental Marxist
For more than 150 years, the principle
From each according to his ability, to each according to his needs.
has been identified by Karl Marx and other writers as ‘the basic principle of communism’.
The Real Reason Democrats (Still!) Want the IRS To Spy on All of Your Bank Transactions
Democrats want to spy on all your banking transactions, and when that story broke, a few things happened. First, almost everyone got the story wrong. Now it has been reported that Democrats are backing off. No. No, they are not.
Missouri Bank WARNS Customers About Biden’s “Bank Account Profiling” Law
A bank in Missouri took to Facebook recently to warn its customers about a law that is part of Biden’s “American Families Plan.” The law is regarding banking and how it affects every single person in the United States:
IRS Delays US Tax Deadline to May 17….WHAT? The IRS has That Power?
This would be two years in a row the government has extended tax day. Last year was because the WuFlu made life so difficult. People couldn’t do the forms and gather their data because of…..what? The stress of being home and not having the time?
Dark Money for Dem’s … More “Do as I say not as I do”
Dark money for Dem’s sound hypocritical, right? It is more “Do as I say not as I do” from them. There is a rapidly growing $800 million dark money network. It is helping anonymous donors pour a record amount of money into voter registration groups.
Opportunity Zones Could Lift a Million People Out of Poverty
The Democrat Party has talked about lifting Americans out of poverty for over a half-century. Democrat bills have mostly been social safety net programs. They do not attain the results they promise. Democrats are good at promises, bad at results, and follow through.
Staying Current on the New IRS Rules Part II
Due to the coronavirus pandemic, a number of new IRS rules have been made. What will follow is part 2 of a 3 part discussion of changes to IRS code from the Cares Act. The work was done by Charles Rotblut CFA of the American Association of Individual Investors (AAII).
Staying Current on the New IRS Rules
Due to the coronavirus pandemic, a number of new IRS rules have been made. What will follow is part 1 of a 3 part discussion of changes to IRS code from the Cares Act. The work was done by Charles Rotblut CFA of the American Association of Individual Investors (AAII).
Retroactive Tax Relief Measures
Retroactive tax relief measures open up opportunities to file amended returns. You may be able to recover taxes paid in earlier years. Some of the tax relief measures offered up by the CARES Act are retroactive. Retroactive relief can affect 2018 and 2019 returns that have already been filed for you or your business.
Payroll Tax Deferral Relief
The CARES Act offers a payroll tax deferral relief. Your business can defer the 6.2% employer portion of the Social Security tax. That is a component of FICA tax on the first $137,700 of an employee’s 2020 wages. Note: That is for wages paid during the deferral period. The deferral period began on the 3/27/20 and will end on 12/31/20.
CARES Economic Impact Payments
The CARES economic impact payments for individuals are the checks from the federal government. They can be up to $1,200 for an individual. For a married couple they can be $2,400. If you have dependent children under the age of 17 can receive up to another $500 per child. NOTE: these payments are phased out … Read more
Coronavirus Related Federal Tax Relief
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) delivers some good news. There are things in it for individuals and businesses, including tax relief. The tax relief offered by the CARES Act is over and above the tax relief offered by the earlier Families First Coronavirus Response Act (FFCRA).
Based on the Senate Bill (as Passed) Will You Get a ‘Virus’ Stimulus Check and if so, How Much?
Working from the Senate’s Coronavirus Porkulus spendasaurus palooza bill, it is possible to determine who in the name of expanded debt service might see a check from the Feds.
Supreme Court Halts Effort to Get President Trump’s Tax Returns
The Democrats have been after President Trump’s tax returns since before he was President Trump. It’s an obsession. Not because they care what’s in them. Their goal is to create a perception of what is there to attack him. A lower court ordered their release, SCOTUS said, hold on a moment.
House Democrats Want to Use The IRS To Silence Political Dissent (again)
The Left used the IRS to shut down speech after the 2010 Tea Party election. Lois Lerner became a household name. No one involved suffered for that abuse of power. Is that why House Democrats think they can tweak the tax code to silence speech to which they object?
Weaponizing the IRS Was Bad… Its Getting Worse
Weaponizing the IRS Was Bad when we found out about that. Remember Lois Lerner? She was an IRS official. She went called before the House Oversight committee. That was back in 2013. The committee was investigating improper activity at the Internal Revenue Service (IRS). Nothing to see here She insisted she “didn’t do anything wrong.” … Read more