‘Economic nationalism’ at the RNC clashes with Trump’s pitch to donors

‘Economic nationalism’ at the RNC clashes with Trump’s pitch to donors

MILWAUKEE — Former president Donald Trump is trying to present a more worker-friendly vision of the Republican Party at this week’s convention, but he has continued to make clear in private that he views himself as the best choice for billionaires and big business, according to donors who have attended fundraising events.Even as Trump leans … Read more

Where does JD Vance stand on taxes? Everything you need to know

Where does JD Vance stand on taxes? Everything you need to know

3 big takeaways from Donald Trump’s new interview on the economy

3 big takeaways from Donald Trump's new interview on the economy

Just days before he met with President Joe Biden for a face-to-face debate in June, Donald Trump sat down for an interview with Bloomberg Businessweek. The former president spoke about his views on everything from green energy and diet coke to foreign policy and his tax plan. He also floated JPMorgan Chase CEO Jamie Dimon … Read more

Tax Breaks: Sales Taxes Take A Holiday In Some States

Tax Breaks: Sales Taxes Take A Holiday In Some States

here. Despite the fact that the thermometer still reads summer, fall is creeping closer. According to the National Retail Federation, one in five (22%) back-to-school shoppers have already started gearing up for the 2024-25 school year (you can count me as one of them). However, with above-average prices in stores and online, those shoppers are … Read more

Your Guide To Tax Policy In Project 2025

Your Guide To Tax Policy In Project 2025

The title page reads, “Mandate for Leadership, the Conservative Promise — Project 2025, Presidential Transition Project.” What follows are 920 pages of sweeping changes for the “next conservative president” to put into effect or, if not sufficiently empowered, to recommend to Congress. From abortion to veterans affairs, the anthology of 30 chapters, each by a … Read more

IRS Business Audit | JD Supra

IRS Business Audit | JD Supra

IRS is focused on Businesses since the passage of the Inflation Reduction Act. Under the Strategic Operating Plan (funded by the Inflation Reduction Act), the IRS is increasing audit rates, expanding enforcement and targeting non-compliance for business taxpayers. IRS compliance efforts are geared towards having the IRS compliance teams better detect tax cheating, identify emerging … Read more

LI Business Owners Sentenced After Tax Evasion Scheme Busts: DA

LI Business Owners Sentenced After Tax Evasion Scheme Busts: DA

EAST ISLIP, — Two Long Island business owners were sentenced in late June after pleading guilty to grand larceny for stealing tax money from New York State, Suffolk County District Attorney Raymond A. Tierney said. Brian Soltan, 62, of West Islip, owner of several East Islip auto body businesses, and Gerald McCrystal, 51, of Dix … Read more

Benefits of Hiring a Business Tax Lawyer for Small Business Owners

Benefits of Hiring a Business Tax Lawyer for Small Business Owners

Navigating the complex world of business taxes is no small feat, especially for small business owners who already wear many hats. That’s where a business tax lawyer comes in. They provide invaluable support and guidance, ensuring your business stays compliant and financially healthy. Here are some key benefits of hiring a business tax lawyer for … Read more

Long Island business owners sentenced in $1M tax fraud | Long Island Business News

Long Island business owners sentenced in $1M tax fraud | Long Island Business News

Listen to this article Two owners of businesses on Long Island were sentenced last week for stealing more than $1 million in sales tax money from New York State, according to a statement from the Suffolk County District Attorney’s office.  West Islip resident Brian Soltan, owner of several East Islip auto body businesses, had pleaded … Read more

The High Cost of Wealth Taxes

The High Cost of Wealth Taxes

Wealth Tax Impact: Details & Analysis | Tax Foundation Skip to content Colombia, Norway, Spain, and Switzerland. Countries have repealed their wealth taxes for a variety of reasons. They raise little revenue, create high administrative costs, and induce an outflow of wealthy individuals and their money. Many policymakers have also recognized that high taxes on … Read more