Karl Marx Bust statue

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’.

Read more

Opportunity zones

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.

Read more

The IRS Theirs

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.

Read more

income-tax-4097292_960_720

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.

Read more

The IRS Theirs

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

Weaponizing the IRS Was Bad

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

Quick Thought – and they STILL want more money from the State??

How about when you pay attention to your own details, first (emphasis mine, reformatted)? IRS hits Claremont schools with $320,000 in penalties Paperwork failures are again costing the school district that serves Claremont and Unity, this time with the Internal Revenue Service putting SAU 6 on notice for a $320,000 fine…LeClair said she became aware … Read more

Are the Clinton’s Screwed?

With 6,000 pages of evidence from a whistleblower and the testimony of players inside the organization “the vast right-wing conspiracy” has nothing on the IRS and the FBI when it comes to the Clinton Foundation. That evidence was assembled by a private firm called MDA Analytics LLC, run by accomplished ex-federal criminal investigators, who alleged the … Read more

Share to...