Fact Sheet: How the Inflation Reduction Act Helps Black Communities
Here's what you should know....
Tag : Taxes
How Rick Ross’ At-Home Zoo Helps Him Avoid Paying State Taxes
Who knew owning livestock could save you money? Georgia tax laws allow Rick Ross tax exemption for his Promise Land Zoo....
Meet the Female Founder of a Black-Owned Tax Firm That Grossed $1.5M in Three Months
The Tax Doctor, also known as Dr. Shawanda S. Moore, led her tax firm, Royal Financial Services, to gross $1.5M in three months....
Study Proves Grocery Taxes Increase Likelihood of Food Insecurity in Low-Income Communities
Tax on grocery food items is likely causing food insecurity within low-income neighborhoods....
Biden Administration Says It Can Raise $700 Billion If The IRS Targets Tax Cheats
President Joe Biden wants to crack down on rich taxpayers hiding a big chunk of their income from the Internal Revenue Service, a move he...
Incentives Small Businesses Can Use To Get Relief as Tax-Filing Deadline Approaches
Last year wreaked havoc on small businesses, but as the May 17 tax filing deadline approaches, options for relief are available....
Treasury Secretary Janet Yellen Says Tax Hike Will Help Fund U.S. Infrastructure
Treasury Secretary Janet Yellen said tax hikes would be needed to pay for at least part of Biden's infrastructure, climate and education investment package...
Biden Suggests Raising Individual, Corporate Tax Rates To Bush-era Levels
President-elect Joe Biden suggested returning individual and corporate tax rates to levels not seen since George W. Bush was president. ...
Deutsche Bank: Remote Workers Should Be Taxed 5% For Working From Home After The Pandemic
A Deutsche Bank research team proposed remote workers pay a 5% tax for working from home after the pandmedic to subsidize income lost by low-wage...
Study Shows Illinois Flat Tax System Is Harder On Black, Latinx Taxpayers
A study released Thursday by the Institute on Taxation and Economic Policy (ITEP) showed Illinois' flat tax negatively affects Black and Hispanic taxpayers....