Texas Takes the Lead on High Job Record! Texas has set a new record for job growth, outpacing the national average and adding over 650,000 jobs from January 2022 to January 2023, according to a press release of the Office…
New Tax Credits for Film Industry Texas is stepping up its efforts to attract more film and television productions to the state by enhancing tax incentives for the industry. To increase its current incentives, the state hopes to lure more…
Texas Man Kills Mother A disturbing incident unfolded in Houston, Texas, earlier this month when Miroslav Liliev Mishev, 30, was charged with killing his 69-year-old mother, Lilia Misheva, over a dispute about car ownership. Mishev is being held in the…
$7.5 Million Refunds From American Airlines Settlement American Airlines has settled a class-action lawsuit with passengers who were wrongly charged baggage fees. The airline has agreed to pay $7.5 million to refund customers who paid checked baggage fees between 2013…
Texas Republicans to Revive Corporate Tax Break Texas Republicans have recently proposed new legislation to revive the state’s corporate tax breaks while excluding renewable energy projects. The previous program, Chapter 313, drew criticism for providing substantial discounts to manufacturing and…
Reduction of State’s Sales Tax Two North Texas Senators have proposed a plan to cut Texas sales tax by 8%, a move that could potentially put more money in the pockets of Texans. The bipartisan proposal by Democrat Royce West…
Arthur Brown Jr. Executed in Texas Arthur Brown Jr.’s case has once again highlighted the flaws in the U.S. legal system and the potential for the death penalty to be used to execute innocent people. Brown’s case was highly controversial,…
Inflation Adjustments For 2023 The Internal Revenue Service (IRS) has announced dozens of inflation adjustments for 2023, including changes to long-term capital gains brackets. This could mean selling investments in 2022 may not affect your 2023 tax bill. Investments carried…
Retirement Savings Goal in 2023 Retirement Savings Goal in 2023 is an important milestone for those planning to retire shortly. If you’re looking for ways to save more, after-tax contributions may be worth considering. While many people are familiar with…
IRS Commissioner Nomination Advances! IRS Commissioner Nomination advances this week amid a fierce debate over the agency’s $80 billion funding. This comes after months of scrutiny and disapproval from House Republicans who sought to rescind the funding but faced opposition from…