Category: taxes

Workers’ Compensation Boards Could Give Small Businesses $3 Billion Boost by Rebating Excess Funds: CFIB

Small businesses in Canada could receive a $3 billion boost if five underfunded workers’ compensation boards (WCBs) across the country rebated their excess funds, according to the latest research snapshot by the Canadian Federation of Independent Business (CFIB). “Workers’ compensation boards are holding onto billions in extra money, while over half of small businesses (60…


Majority of Canadians Say Taxes, Government Spending Are Too High, Poll Finds

Two-thirds of Canadians say they believe the amount of income tax they pay is too high, while over half of Canadians say government spending is too high, according to an Ipsos poll. “Beyond results on views of spending levels and the degree of accountability and transparency in spending practices displayed by the federal government, this study…


Ex-US Treasury Secretary Issues Warning on New IRS Tax Proposal

The former Treasury secretary under the Reagan administration warned that Americans should remain “skeptical” about Internal Revenue Service (IRS) proposals, including a pilot program that would allow taxpayers to file their taxes directly with the federal agency, rather than using a service like TurboTax or H&R Block. “The effort would trust bureaucrats to become America’s…


[LIVE NOW] World Leaders Want New Taxes to Bankroll Climate and Poverty Agendas

U.S. and European leaders want new taxes to finance their global agendas on issues including climate change, poverty, and inequality. And in other news, government efforts are currently being run to regulate even true information. In this live Q&A with Crossroads host Joshua Philipp, we’ll discuss these stories and others, and answer questions from the…


World Leaders Want New Taxes to Bankroll Climate and Poverty Agendas | Live With Josh

U.S. and European leaders want new taxes to finance their global agendas on issues including climate change, poverty, and inequality. And in other news, government efforts are currently being run to regulate even true information. In this live Q&A with Crossroads host Joshua Philipp, we’ll discuss these stories and others, and answer questions from the…


[LIVE 10AM ET] World Leaders Want New Taxes to Bankroll Climate and Poverty Agendas

U.S. and European leaders want new taxes to finance their global agendas on issues including climate change, poverty, and inequality. And in other news, government efforts are currently being run to regulate even true information. In this live Q&A with Crossroads host Joshua Philipp, we’ll discuss these stories and others, and answer questions from the…


IN-DEPTH: New Colorado Law Set to Take Away Taxpayer Rights, Voters to Decide

Colorado residents used to enjoy low property taxes, thanks in part to the Gallagher Amendment—passed in 1982 after pressure from residents tired of skyrocketing residential property taxes. Gallagher required that the state’s total property tax burden be divvied up, with 45 percent collected from residential property and 55 percent from commercial property. But in the…


IRS Banned From Buying Guns With Taxpayer Funds Under New Bill

Sen. Joni Ernst (R-Iowa) announced a bill Tuesday that would bar the Internal Revenue Service (IRS) from providing arms and ammunition to agents with taxpayer money. The measure would prohibit the federal tax agency from purchasing, receiving, or storing guns and ammunition, according to Ernst’s office. Under the bill, ammunition and firearms that are currently…


IRS Notice Urges Taxpayers Not to Fall for ‘Aggressive Marketing’

The Internal Revenue Service (IRS) recently sent out another alert warning employers and taxpayers of possible scams around misleading claims involving the employee retention credit. In a news release, the agency said that it and independent tax professionals “continue to see a barrage of aggressive broadcast advertising, direct mail solicitations and online promotions involving the…


Cleaning Up after Dogs and Root Canals: What Australians Would Rather Deal With Than Their Taxes

A new survey of over 1,000 Australians has highlighted the stress and barriers they face during tax time, with almost one in three finding the end of the financial year and tax submission time to be stressful, and a fifth preferring to pick up their pooches poop than complete their tax return. When asked to…