Tag: IRS form 1040

  • 2024 Campaign Tax Proposals Are Slogans, Not Real Tax Reform

    2024 Campaign Tax Proposals Are Slogans, Not Real Tax Reform

    by William L. Kovacs, ©2024 (Aug. 16, 2024) — Our 2024 presidential candidates present tax reform as a slogan, ‘No taxes on tips,’ and vague statements about lowering tax rates, reducing deductions, imposing more tariffs on imported goods, and eliminating taxes on Social Security. These proposals, while well-intentioned, barely scratch the surface of our convoluted…