The IRS introduced the Automatic Exemption from Penalty on July 8, 2026, a new system that will eliminate the need for eligible taxpayers to request … [Read More...] about Taxpayers with a history of timely filing and paying can now get automatic penalty relief without requesting it, under a new IRS program.
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How Enugu Increased IGR To N406.8bn Without Raising Taxes
The Chairman of the Enugu State Internal Revenue Service (ESIRS), Mr. Ekene Nnamani, has explained that the state increased its Internally Generated … [Read More...] about How Enugu Increased IGR To N406.8bn Without Raising Taxes
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Inside the $900,000 Greek Island Retirement Drawing Americans at 62
Quick ReadBuying a Greek island home outright at €140,000 leaves $600,000 to fund a $47,000 annual budget at a 3.5% withdrawal rate.Staggered Social Security claiming cuts the portfolio's required … [Read More...] about Inside the $900,000 Greek Island Retirement Drawing Americans at 62
The IRS loses $1 trillion a year to tax cheats — and Trump’s proposed $250 bill could make it worse
gettyimage.com/ KENT NISHIMURA President Trump's plan for a $250 banknote that features his portrait is controversial for a few reasons. For starters, federal laws dictate that only … [Read More...] about The IRS loses $1 trillion a year to tax cheats — and Trump’s proposed $250 bill could make it worse
We Can’t Address the U.S. Deficit Without Corporate Tax Reform
It’s no secret that the U.S. public debt is out of control. It recently surpassed the size of the U.S. economy for the first time since World War II, and is slated to get even worse in the coming … [Read More...] about We Can’t Address the U.S. Deficit Without Corporate Tax Reform