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Category: Federal


Federal, Policy

The IRS is giving you more time to invest in this new tax-advantaged strategy

June 5, 2020

Via: CNBC

Investors who were sitting on the sidelines during coronavirus will get some more time to partake in a new tax play. Qualified opportunity funds were created by the Tax Cuts and Jobs Act of 2017. They offer taxpayers an incentive […]


Federal, Policy

Over 42.6 million Americans have filed for unemployment during the coronavirus pandemic

June 4, 2020

Via: Fortune

Another 1.9 million Americans filed initial unemployment claims the week ending May 30, according to the U.S. Department of Labor. Since the start of the coronavirus shutdowns, a staggering 42.6 million jobless claims have been filed—greater than the combined population […]


Federal, Policy

The government delivered more than $267 billion in rescue funds in 2 months

June 3, 2020

Via: CNBC

Americans have received more than $267 billion in rescue payments from the government in an effort to pull the economy through the coronavirus crisis, the Treasury Department said Wednesday. The department said 159 million Economic Impact Payments have been made […]


Federal, Policy

Trump Administration Escalates Global Fight Over Taxing Tech

June 2, 2020

Via: The New York Times

The Trump administration said on Tuesday that it would open an investigation into taxes on digital commerce that have been adopted or proposed in nine countries and the European Union, escalating a global battle that will affect where big American […]


Federal, Policy

US “terminating relationship” with World Health Organization, Trump says

May 29, 2020

Via: ArsTechnica

President Trump today said the US government is “terminating our relationship” with the World Health Organization, alleging that the global health group has not implemented needed reforms and that it is controlled entirely by China. “China has total control over […]


Federal, Policy

Democratic Congressman Calls for Probe Into Former White House Official’s $3 Million Mask Deal

May 27, 2020

Via: Government Executive

A senior Democratic congressman on Tuesday called for a watchdog probe into a $3 million Indian Health Service contract given to a former White House official to provide masks to Navajo Nation hospitals hit hard by the coronavirus. ProPublica reported […]


Federal, Policy

Pentagon Sets New Rules for ‘Return to Normal Operations’ Worldwide

May 27, 2020

Via: Government Executive

The Defense Department is easing its global travel restrictions and laying out guidelines for reopening the Pentagon in preparation to “return to normal operations,” officials announced on Tuesday. Defense Secretary Mark Esper has lifted a blanket restriction on travel put […]


Federal, Policy

A state-by-state breakdown of unemployment in the U.S., according to the latest figures

May 22, 2020

Via: Fortune

The hustle and bustle of tourists along the Las Vegas Strip has been replaced by shuttered hotels, shops, and casinos. The damage to U.S. tourism is so great that Nevada now leads the entire nation with a 28.2% unemployment rate […]


Federal, Policy

The new PPP loan forgiveness application is causing lots of confusion. Here’s what to know so far

May 20, 2020

Via: Fortune

Small businesses have waited—and waited. On Friday, the Small Business Administration and the Treasury finally released the PPP forgiveness application, an 11-page document with details that answered, and stirred, questions for small businesses and the CPAs and lawyers advising them. […]


Federal, Policy

Republicans don’t think you need another stimulus check right now

May 19, 2020

Via: BGR

Democrats in the US House of Representatives passed a massive new coronavirus relief package last week, a $3 trillion bill that, among other things, appropriates money for another round of direct stimulus payments. That would follow the initial round of […]