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Tax Tips & News: increasing

How to Fix an Ailing Social Security Program

5 minutes read

If Social Security Is To Be Saved, Action Must Be Taken

When President Franklin D. Roosevelt created the Social Security program with the 1935 Social Security Act he revolutionized the way Americans would live for decades to come. While social security has served the American populace well, the system can no longer sustain itself long enough to provide the same benefits for the future generations of retirees without a major overhaul.

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How a Tax Loophole Allows Corporations to ‘Invert’

4 minutes read

Corporate Inversions Are Increasing Drastically

Imagine, as an American, choosing to become a teacher in Russia, or a tour guide in Italy. According to U.S. tax law, you would have to pay taxes on your earnings, just as you would if you worked domestically. Now, imagine you’re an American corporation which has just purchased a foreign company. You shift over ownership and operations to your new foreign holdings and become subject to a different set of tax laws, allowing your business to...

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