Category: Federal Tax News & Updates

[ad_1] As House Republicans engage in a nasty internal battle over whether to raise the $10,000 cap on the state and local tax (SALT) deduction, […]

[ad_1] In a famous conversation, the author F. Scott Fitzgerald is credited with saying that “the rich are very different than you and me,” to which Ernest […]

[ad_1] As states navigate an uncertain fiscal future, a lot of budget commentators will justifiably note that nearly every state cut taxes during the last […]

[ad_1] We took our kids on their first-ever trip to Europe this summer. I’m thrilled they learned about the histories and cultures of Paris, Barcelona, […]

[ad_1] New jobs data show while private employment fully recovered over a year ago, state and local public employment remains below its pre-pandemic peak. Overall, […]

[ad_1] On the Senate agenda: Twelve appropriations bills. The chamber’s is hoping to pass the bills advanced by the Senate Appropriations Committee by September 30. […]

[ad_1] The growing war between the IRS and the commercial tax preparation industry over the agency’s efforts to create a free, in-house tax filing system […]

[ad_1] House GOP looks for government funding compromise with September 30 deadline creeping closer. Per Politico, Republican House leaders will meet this week to come […]

[ad_1] House Ways and Means Committee Chairman Jason Smith (R-MO) and Oversight Subcommittee Chairman David Schweikert (R-AZ) announced they are looking into political abuses by non-profit […]

[ad_1] To avoid a shutdown, a stopgap measure is in the works for September. Speaker Kevin McCarthy (R-CA) told his conference last week that House […]