The American Rescue Plan Act provides tax relief to small business owners and their employees. Here are five of the tax changes:

Since they don't teach proper history in school anymore, a discussion on how totalitarian rule begins has been eliminated or is just used as a footnote somewhere along the line. But to those of us who do like to learn from history, there are two things that precede dictatorships - even those that pretend to be democracies. Those two things are:

The Speaker of the House crammed through the "Build Back Better" bill this week.  There is nothing "better" about this bill. The non-partisan Congressional Budget Office says the 2,100 page bill will cost more than $4 trillion and add at least $367 billion to the deficit over the next ten years.  There are so many problems with this terrible bill, but here are a few of the worst sections:

Now this an interesting bit of tax news out of New York:

Tax Law § 32 now requires tax return preparers and facilitators to post certain items at their places of business.

If you’re a tax return preparer or facilitator, you must post the following items—prominently and conspicuously—at every location where you provide tax preparation or facilitation services to clients: 

Nov 15 - What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies — the neocons’ promotion of perpetual war and the Fed's manipulation of the money supply — are complete failures, having produced the opposite of the promised results.

In their efforts to turn our country into a socialist nation (even though it has failed every time tried), these left wing wackos in Congress want to borrow 1.75 Trillion dollars and pass one of the worst pieces of legislation ever written - over 2100 pages of it. Here is some of the garbage that is in it:

Some of the worst provisions of Democrats Tax and Spend Bill

Some environmental activists at the COP26 climate conference will be urging others to cut down on air travel and eat less meat, but little has been said about the billionaires flying in on their own planes on routes already served by commercial airlines.

Amazon founder Jeff Bezos' £48million Gulf Stream has led a 400-strong parade of private jets into COP26 including Prince Albert of Monaco, scores of royals and dozens of 'green' CEOs - as an extraordinary traffic jam forced empty planes to fly 30 miles to find space to park. 

By De Lon Harris
Commissioner, Small Business Self-Employed
September 27, 2021

Tackling complex tax compliance issues is something I take great pride in doing as part of my job as the Commissioner for the Small Business/Self Employed (SB/SE) Examination division. I also see it as my responsibility to make sure my organization helps taxpayers navigate those complex issues and provides the tools that we have available for them to be successful and compliant business owners.

If you want to understand what is going on in the world, it is simply a matter of following the money trail. And at $72 a dose, there is a lot of money to be made from the government Covid response.

You can follow the trail by first knowing that FOX, CNN, ABC, NBC, CBS are owned by financial asset management companies Vanguard, State Street, and BlackRock, which also own the four major experimental Covid-19 vaccine manufacturers.

Now here is an interesting idea for those of you who are trying to find a job, but are sick and tired of the cancel culture going on in our country. Their mission is to unite a community of businesses and job seekers who value and preserve the freedom to work.

Beginning in 2022, if you send 100 or more W-2s you must send them electronically

The Taxpayer First Act mandates electronic filing of IRS forms including W-2s

The IRS issued Notice 2021-52, an annual notice providing updated special per diem rate information for the federal fiscal year starting October 1, 2021. Because employees may not claim itemized deductions for unreimbursed business expenses, including travel expenses, per diem rate information applies only to self-employed taxpayers and to employers’ accountable plans and other travel guidelines.