American taxpayers could be in for a “frustrating season” when it comes to filing their taxes this year due to delays caused by the COVID-19 pandemic and budget cuts to the IRS, Treasury Department officials warned on Monday. The IRS will start accepting and processing 2021 returns on Jan. 24 and the filing deadline for most taxpayers…
Treasury Department Officials Warn American Taxpayers Could Face ‘Frustrating’ Tax-Filing Season
Cost to Replace Washington State Patrol Troopers Lost to Vaccine Mandate Tops $12.4 Million
Washington State Patrol’s (WSP) decision to terminate the employment of 127 people on Tuesday for refusing to comply with Gov. Jay Inslee’s COVID-19 vaccine mandate will end up costing the state’s taxpayers millions of dollars. For the fiscal year 2022, training costs are estimated to be about $168,000 per cadet, according to Chris Loftis, WSP…
Ontario’s Projected 74-year Deficit Doesn’t Bode Well for Taxpayers: Advocacy Group
With Ontario projected to run deficits until the year 2095, and with annual payments on debt interest alone projected to surpass $180 billion by then, taxpayers in the province should sit up and take notice, says the Ontario director of a tax advocacy group. “I think people need to make their voices heard and tell…
With Taxpayers’ Help, Delta Posts $652 Million Profit in Second Quarter
Delta Air Lines reported its first quarterly profit since the pandemic devastated the airline industry more than a year ago, as hordes of vacation travelers and money from U.S. taxpayers offset weak corporate and international travel. Delta said Wednesday that it earned $652 million in the second quarter. However, Delta’s report shows that airlines still…
Ontario’s Electricity Subsidies That Shift Costs to Taxpayers Are Unsustainable: Report
Ontario’s electricity sector has been struggling with the increasing system costs, but the government’s rate subsidies that shift the costs to taxpayers are unsustainable, according to the latest report. The report (pdf), titled “Power Surge: The Causes of (and Solutions to) Ontario’s Electricity Price Rise Since 2006,” published Tuesday by the C.D. Howe Institute, found…
Taxpayers Fleeing Blue States Take $26.8 Billion in Gross Income to Red States
IRS data tracking state-to-state migration shows that blue states saw a net outflow of hundreds of thousands of taxpayers who took nearly $27 billion in taxable gross income with them to red states. The most recent IRS migration data shows that in the years 2017-2018, a net 399,892 taxpayers and their dependents left blue states—in this…
Taxpayers Fleeing Blue States Take $26.8 Billion in Gross Income to Red States
IRS data tracking state-to-state migration shows that blue states saw a net outflow of hundreds of thousands of taxpayers who took nearly $27 billion in taxable gross income with them to red states. The most recent IRS migration data shows that in the years 2017-2018, a net 399,892 taxpayers and their dependents left blue states—in this…
‘Duty of Care’: Holding the Taxman to Account
News Analysis With tax season approaching and people and businesses across the country preparing to file their taxes, past cases involving taxpayers’ grievances are giving rise to questions about tax collectors’ reciprocal obligation to Canadians: their “duty of care” to provide fair treatment. In a case in Quebec, a Revenu Québec error led to 16…
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