Lawmakers in California have their eyes on what Governor Newsom might highlight in his upcoming State of the State address. They're hoping he'll tackle some big issues, like how taxpayer money is being used and how to make the state safer and more resilient. One senator, Tony Strickland, wants the
In 2025, a group of economists, led by Joseph Davis at Vanguard, made predictions that turned out to be quite accurate. They forecasted an unemployment rate of 4. 4%, an average of 97, 500 new jobs per month, and a 3% increase in the Consumer Price Index. As the year comes to a close, these numbers
In 2026, Americans will see significant changes in healthcare policies. These changes started in 2025. They will affect how people get health insurance and how much they pay. Some changes will make healthcare more expensive. Others will limit who can get help paying for it. One big change is the en
Michigan's cannabis industry is in for a rough ride as a new tax policy kicks in. Starting January 1st, a 24% wholesale tax joins the existing 10% retail tax and 6% sales tax. This means cannabis products are now hit with a total tax of 40%. This is a big deal for businesses like Green Acres Cannabi
In 2025, the world saw big steps in how digital currencies are governed. The EU put MiCA into full effect, while the US passed laws like the GENIUS Act and CLARITY Act. These moves made the rules clearer. The Trump administration also backed crypto with an executive order, showing that crypto is her
California's handling of COVID funds has sparked serious concerns. A recent discussion highlighted how billions of dollars meant for relief might have ended up in the wrong hands. The issue goes beyond simple mismanagement; it's about organized crime benefiting from the chaos. Fraudulent activities
Maryland is shaking things up with some new tax rules. The Comptroller's office has suggested changes to how sales and use taxes work. This isn't just about adding a few new rules. It's a big update that covers a lot of ground. First off, they're tweaking how data and IT services are taxed. This is
In 2025, the tax world saw some unusual developments that left many scratching their heads. One of the most talked-about topics was the debate around tips and pornography. The IRS proposed regulations that excluded tips from illegal activities, including prostitution and pornographic activities, fro
The recent tax law changes by the GOP have put a significant tax break for digital assets in danger. This change affects companies that deal with cryptocurrencies like Bitcoin and Ethereum. The issue is about how these digital assets are classified under the tax code. If crypto is seen as intangibl
The Arkansas Department of Finance and Administration made a big change. They got rid of a rule that gave tax breaks to businesses in certain areas. These areas are called enterprise zones. The rule, known as Enterprise Zone Rule 1989-1, allowed businesses to get money back on sales and use taxes. I
