Category: Federal Tax News & Updates

[ad_1] IRS Commissioner Daniel Werfel faced House Ways & Means questions. IRS Commissioner Werfel, responding to the panel’s Republican members’ request, answered a range of […]

[ad_1] SALT bill doesn’t advance in the House. The chamber blocked a procedural measure for the SALT Marriage Penalty Elimination Act, with 225 against and […]

[ad_1] Conservation easements remain a source of unease in the tax world. They were designed as a tax benefit to encourage the preservation of natural […]

[ad_1] The Social Security retirement program will be unable to pay full promised benefits in about 10 years. To address this, two highly-respected experts would […]

[ad_1] GAO: The IRS could improve audits of high-income/high-wealth taxpayers. In its report made public yesterday, the US Government Accountability Office (GAO) made eight recommendations […]

[ad_1] This week on Capitol Hill. The House Budget Committee on Wednesday will hold a hearing on the Congressional Budget Office’s latest Budget and Economic […]

[ad_1] House Ways & Means news. Rep. Jimmy Gomez (D-CA) will rejoin the House Ways & Means Committee. He’ll replace retired member Rep. Brian Higgins […]

[ad_1] Persistence, The Public, Peaches, And Pensions [ad_2] Source link

[ad_1] The tax package is stuck in congressional traffic. The Tax Relief for American Families and Workers Act of 2024 might not see a floor […]

[ad_1] More than 90 percent of the benefits of a House proposal to temporarily amend the $10,000 cap on state and local tax (SALT) deductions […]