TaxVox

In SCOTUS Moore Case, Taxation Without Receipt of Cash is Fair Game

December 1, 2023 –

The US Supreme Court will soon hear oral arguments in a case that raises a question most people have likely never even considered: Can your...

Individual Taxes

Options to Improve the Child Tax Credit for Low-Income Families: An Update

November 29, 2023 –

As another year comes to a close, families are again waiting to see if Congress will expand the Child Tax Credit (CTC). Although the CTC...

Federal Budget and Economy

Children Deserve More than Shutdown Threats and Continuing Resolutions

November 16, 2023 –

The House and Senate passed a bill to keep the federal government funded through early next year. This avoids a shut down and all the...

Federal Budget and Economy

Government Shutdown Employment Effects By State

November 14, 2023 –

With Congress unable to secure an agreement on border security, Ukraine aid, and other issues, the federal government is headed toward a shutdown starting the...

Sen. Tim Scott campaigning in Iowa during the GOP 2024 primary

Campaigns, Proposals, and Reforms

Tim Scott’s Withdrawal Silences The GOP Presidential Campaign’s Tax Debate

November 14, 2023 –

Sen. Tim Scott’s (R-SC) decision to drop his bid for the Republican presidential nomination means voters have lost their best opportunity to hear a serious...

Individual Taxes

Lifetime Social Security Benefits And Taxes: 2023 Update

November 13, 2023 –

The Congressional Budget Office and government actuaries for decades have shown that Social Security and Medicare remain on unsustainable tracks, but it is often hard...

GOP 2024 presidential candidate Nikki Haley

Campaigns, Proposals, and Reforms

What Is Nikki Haley’s Tax and Budget Platform?

November 6, 2023 –

Former South Carolina Governor Nikki Haley, who appears to be winning increasing support a mong Republicans in the race for her party’s 2024 presidential nomination,...

image of Ambassador Bridge between the US and Canada

Business Taxes

O Canada! What Might Its Digital Services Tax Mean For Us?

November 3, 2023 –

Last month, my husband ran the Detroit Free Press Marathon. During the race , runners left Detroit and crossed the Ambassador Bridge into Windsor in...

State and Local Issues

Halloween Candy Raises Spooky Tax Questions

October 30, 2023 –

What scares come to mind when purchasing Halloween candy: ghosts, witches, or taxes? Yes, taxes should be on the list because Halloween reminds us how...

Business Taxes

Questioning The Tax-Exemption Of Universities Over Their Mideast Views Is Dangerous

October 25, 2023 –

House Ways & Means Committee Chair Jason Smith (R-MO) has questioned the tax-exempt status of universities that, in his opinion, are anti-Israel. Whatever your views...