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Tag Archives: taxes

$4.5 million? Ministry Watch lists 100 highly-paid leaders

highly-paid

Who are the 100 highly-paid ministry executives in the United States? Ministry Watch compiled a list with publicly available information derived from the latest Form 990 prepared by each ministry. “We are ...

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IRS begins sending collection letters

irs letters

The IRS this week is sending millions of Americans letters about delinquent taxes. In a recent statement, the federal tax agency said the automated letters and “collection notices” to people with tax ...

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Group to spend $10 million supporting school choice in 2024 elections

choice 2024

School choice has become a hot issue in the wake of the pandemic. As the 2024 election season approaches, the American Federation for Children is launching a super PAC called AFC Victory ...

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Joe the Plumber dies at 49

joe the plumber

Joe Wurzelbacher, a.k.a. “Joe the Plumber,” passed away on Sunday after a battle with pancreatic cancer. Wurzelbacher made his political debut in 2008 when he questioned then-candidate Barack Obama. Wurzelbacher, an Air ...

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Several measures to boost student safety will take effect in Missouri this school year

Missouri families preparing to send their children back to school later this month may notice several steps the state is taking to increase school security. Legislators approved recommendations from the governor’s office ...

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White House will veto GOP effort to stop college debt bailout

The White House says it will veto a Republican-led House measure that stops the massive student loan bailout. The bill in question is H.J. Res. 45, which criticizes a debt plan that ...

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Supreme Court hears case over government “home equity theft”

home equity theft

After a 94-year-old woman lost her home to “home equity theft” by the county, she sued and now the U.S. Supreme Court seems sympathetic to her case. The court heard arguments April ...

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Bill to eliminate taxes on groceries could cost local cities

A bipartisan attempt to eliminate the state sales tax on groceries purchased in grocery stores appears to be stalled in the Missouri Legislature. That’s a relief to some who say the taxes ...

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Missouri considers expanding homeschool access to extracurricular activities

extracurricular missouri

The Missouri Senate recently debated legislation that would expand opportunities for homeschooled students to participate in their local school district’s extracurricular activities. The idea may get widespread support as homeschooling is at ...

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5 IRS changes you need to know this year

irs donors abolish republicans credit changes

With the tax filing deadline fast approaching, the changes made by the IRS are under closer scrutiny. Here’s a list of what’s new concerning tax limits, standard deductions, credits and more. Standard ...

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IRS says millions of Americans missing this tax credit

irs donors abolish republicans credit changes

Millions of Americans are eligible for a tax credit that last year averaged more than $2,000, according to a statement just relased by the IRS. Some 20 percent of those entitled to ...

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Republicans push to abolish IRS, federal income taxes

irs donors abolish republicans credit changes

The IRS and federal income taxes could be abolished by legislation soon to be put forth by Congressional Republicans. Both would be replaced by a simple national consumption tax. Rep. Buddy Carter (R-Ga.) will ...

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Democrats release Trump tax returns but downplay what they reveal

trump returns

Critics of Donald Trump have long accused the former President of profiting from his time in office. Democrat-led House Ways and Means Committee released his tax returns on Friday after a lengthy ...

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Financial decisions now can pay dividends in the coming year

The week between Christmas and New Year’s is a good time to not only take down the decorations but also plan for the coming year. David Ragland, CEO of IRC Wealth and ...

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Vast majority of Americans still support helping Ukraine

A whopping 71 percent of Americans support sending military aid, money, or a combination of both to help Ukraine fight against Russia.  The poll comes as some Republican leaders, including minority leader ...

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Missouri legalizing marijuana could have serious economic, social downside

As Missouri prepares to vote on fully legalizing marijuana for recreational use, a study in Colorado shows the dark social and economic impact. The social costs of legalized marijuana are well-known, though ...

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Americans for Prosperity rallies in support of tax cuts in Missouri

Missourians gathered in Jefferson City last week to support tax cuts and agricultural tax credits in a rally sponsored by Americans for Prosperity The Real Tax Cut Rally promoted proposed income tax ...

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Every American taxpayer will pay $2,500 to cover student loan ‘forgiveness’

Every American taxpayer will pay $2,500 to cover the cost of President Joe Biden’s student debt “cancellation” plan. That’s the shocking accounting study conducted by the National Taxpayers Union Foundation (NTUF). Biden’s ...

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Full legalization of marijuana will be on Missouri ballot in November

Missouri voters will decide in November if recreational marijuana use will become legal in the state. The news validates the warnings given by opponents of the 2018 vote that legalized medical marijuana. ...

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Town votes to defund library over sexually-explicit children’s book

After a library system in Michigan refused to remove sexually-explicit children’s books, the town overwhelmingly voted to defund the library. Jamestown, Michigan Library Board President Larry Walton doubled down on his decision ...

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Sending your kid to school will cost a lot more this year

Although back-to-school shopping is always expensive, parents this year must cope with the highest inflation in four decades. That’s in addition to real wages falling and expected higher taxes. As the cost ...

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Back-to-school supplies are tax-free this weekend

Soaring inflation is making it more difficult for families to get their kids ready to go back to school later this month. They will get some much-needed relief this weekend during Missouri’s ...

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Trump: data shows nation risks something worse than recession

Donald Trump is pointing to data that forecasts an economic downturn much worse than a recession. The former president, whose economic policies are credited with some of the best economic numbers in ...

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How taxes on vaping are pushing more young people to cigarettes

When the government tries to micromanage the everyday habits of millions of people, it doesn’t always go well, to put it mildly. The latest example of nanny-state meddling backfiring comes courtesy of ...

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Getting The Taxman Out Of Your Retirement — Part 2

Last month, in part one of this article, we discussed how you might be in a lower tax bracket in retirement, but pay a higher tax rate. In this article, we’ll look ...

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