The Effects of Obamacare’s Cadillac Tax

Flexible spending accounts allow many taxpayers to save money when it comes to dishing out costs for medical bills. However, the Affordable Care Act’s so-called Cadillac tax may do away with the popular account, as the tax stands to place…

Rubio Wants Tax Breaks

Who doesn’t want a tax break? If you live in America, chances are, no matter how much you make you are sick of paying over-the-top tax costs. Well, if Marco Rubio is elected president, there may be some good news in store for taxpayers. As…

Questionable Electricity Tax Threatens Lockport, IL

No one likes the idea of paying higher taxes than they need to. So, when talk of a new tax comes around, it’s only natural that taxpayers will be wary – especially when said tax could drastically raise expected annual costs. Unfortunately,…

Missouri’s Tobacco Tax

If you are a smoker in Missouri, then you may be looking at paying higher taxes on cigarettes in the near future. The Missouri Petroleum Marketers and Convenience Store Association has filed two petitions hoping to raise the state’s cigarette…

Will Scott Walker’s Health Care Plan Offer Relief to Taxpayers?

Not everyone is a fan of President Obama’s Affordable Care Act. Apparently, Wisconsin Governor Scott Walker (R) isn’t too keen on the current health care reform plan either. As a result, Walker has proposed to do away with the reform act,…

Was Your Tax Info Hacked?

Much like a bad hair day, rush hour car accident, or an impromptu visit from your not-so-favorite in-laws on Super Bowl Sunday, tax season can bring the worst out in people. As if worrying about audits, back taxes, and whether or not you’ll…

North Carolina Senate Passes Taxpayer Protection Act

North Carolina taxpayers are in for a treat. The North Carolina Senate has passed the Taxpayer Protection Act, and if approved by the state House, means that North Carolina residents will have the ability to vote next November on constitutional…

LA Taxpayers May Be Awarded in Phone Tax Settlement

Good news Los Angeles taxpayers, you could be making some money over a lawsuit settlement. But, you can also stand to suffer if the lawsuit doesn’t apply to you. According to an article in the Los Angeles Times, the city could be responsible…

Does Seattle’s New Gun and Bullet Tax Threaten the Second Amendment?

SEATTLE, Washington – A new tax in Seattle may threaten the U.S. Constitution’s Second Amendment – the right to bear arms. According to a CNN article, Seattle’s City Council, with support from Mayor Ed Murray, passed a tax on Monday…

Chicago’s Controversial Cloud Tax

CHICAGO, Illinois – Tech companies, entertainment services, and taxpayers in Chicago are about to suffer a pretty bit financial hit after the city’s finance department made the decision to reinterpret two taxes. There’s an ominous cloud…