• Walmart Increases Minimum Wage for U.S. Employees after Tax Code Changes

    Walmart announced on Thursday that the company will be increasing the minimum hourly wage for U.S. employees to $11 an hour in response to the new tax reform bill. Walmart is the world’s largest retailer in the country and has more than one million employees. In 2016, the company...
  • Individual States are Scrambling to Keep Pace with Tax Overhaul

    Congress finished its overhaul of the tax code right before the new year rolled in, but the year ahead is bound to see some serious wrangling when it comes to states grappling with the law’s effects. As each individual state has its own tax setups, squaring federal and tax...
  • Democrats May Hamper Impact of Federal Tax Reform Throughout 2018

    Republican politicians seemed never to tire of talking about states’ rights while President Obama was in office. This time around, Democratic senators, house representatives, and governors look set to diminish the impact that the federal tax overhaul could have in their states. Governors and federal politicians in California and...
  • American Citizens Rush to Claim Tax deductions for fear Of the New Tax Bill

    Some tax reform experts have alluded that the plan to do away with the alternative minimum tax may have much more grave consequences than just keeping it. Accountants and financial advisors are working way into overtime as millions of American taxpayers scramble to file their taxes accrued to the...