[ad_1] A tax plan drafted by Senate Finance Committee Chair Ron Wyden (D-OR) and House Ways and Means Committee Chair Jason Smith (R-MO) has restarted […]
Category: Federal Tax News & Updates
The latest news and updates on federal taxes and IRS announcements
Unnecessary Rewards, Necessary Simplifications | Tax Policy Center
[ad_1] Why is Congress giving business retroactive tax breaks? TPC’s Howard Gleckman argues the breaks are a bad idea. The tax breaks would be made […]
Trump Vows To “Always Protect Social Security” But What Does He Mean?
[ad_1] Former President Trump is blasting GOP primary rival Nikki Haley for wanting to restore Social Security solvency by increasing the age when today’s young […]
CEOs, Heirs, And Tax Filers
[ad_1] Congressional Democrats reintroduced a bill to raise taxes on high CEO pay. [ad_2] Source link
Why Is Congress Giving Business Retroactive Tax Breaks?
[ad_1] While Congress is likely to nit-pick the compromise business and child tax credit tax bill designed by top Capitol Hill tax writers, there is […]
Who Benefits From The House W&M Tax Bill?
[ad_1] The House Ways & Means tax plan would help low-income and wealthy households. TPC is out with model estimates of the major provisions in […]
Bipartisan Tax Deal Clears House Ways & Means
[ad_1] The House Ways & Means Committee approved a deal to temporarily enhance the child tax credit and certain business deductions. Lawmakers on the committee […]
Another Funding Deadline, Scoring The CTC Proposal
[ad_1] Congress sends temporary funding patch to President Biden. The Senate and House moved quickly yesterday to pass the bill. The next funding expiration deadline […]
Bipartisan Tax Framework: Low-Income, Wealthy Households Benefit Most
[ad_1] Legislation to temporarily enhance certain business tax deductions and the child tax credit (CTC) would boost after-tax incomes for households by an average of […]
Another Markup And Tax Pleas
[ad_1] House Ways & Means Committee to mark up tax package. Passage in both chambers is still uncertain. Meanwhile, Sen. Mike Crapo (R-ID), the top […]