. . . this is from an article by Pierre Poilievre, Canadian Member of Parliament. A major factor in the U.S. fiscal crisis was the policies which encouraged banks to give out sub-prime mortgages. Canada did not impose such policies on their banks and thus avoided...
On Friday, January 18,, 2013 a judge ruled that the IRS policies requiring the registration and licensing of tax preparers was illegal. (For those interested, here is a link to the decision, http://www.ij.org/images/pdf_folder/economic_liberty/irs_tax_preparers/irs-opinion-1-18-13.pdf). Under the law that was struck down, it was illegal to prepare a tax return...
The US congress decided earlier this month not to take a leap off the fiscal cliff, but instead decided in favor of a controlled landing. The new American Taxpayers Relief Act (ATRA) or fiscal cliff laws will have a major impact on all taxpayers. In...