[ad_1] House Speaker Mike Johnson (R-Ohio) signs off on a $1.6 trillion topline budget number for fiscal year 2024. Johnson advised members of the agreement […]
Category: Federal Tax News & Updates
The latest news and updates on federal taxes and IRS announcements
Pro-Growth Tax Policy For Working Families
[ad_1] A recent hearing of the House Ways and Means Committee’s Subcommittee on Tax Policy brought attention to an important topic: How can the tax […]
Flexible Spending Accounts: How They Work And Who Benefits
[ad_1] Our children started the new year on winter break with time indoors during an especially dreary, gray season. They’ve cooked at home, made trips […]
A New Year With Familiar Questions
[ad_1] What will the election year hold for tax policy? TaxNotes surveys the tax policy landscape (paywall) in 2024. Large portions of the Tax Cuts […]
Why Are Big-Time College Sports Revenues Exempt From Income Tax?
[ad_1] The NCAA’s proposal to allow big-time university and college sports programs to pay salaries to their athletes has me wondering what it will take […]
Measuring Income Inequality: A Primer On The Debate
[ad_1] There is substantial evidence that income inequality in America rose throughout the late 20th and early 21st centuries. Influential research by Thomas Piketty, Emmanuel […]
Home For The Holidays With Tax Homework?
[ad_1] Can a tax deal happen before Jan. 19? The House returned home last week, with the Senate soon to follow. Tax legislation could be […]
Small Move for NBA, NHL Teams Could Be Monumental Loss for Washington Region
[ad_1] Monumental Sports CEO Ted Leonsis, owner of the Capitals and Wizards, recently joined Virginia Gov. Glenn Youngkin (R) to unveil their economic development plan […]
Guidance, Oversight, Credits, And Amazon
[ad_1] Biden administration releases proposed guidance for advanced manufacturing production credit. The Inflation Reduction Act-established tax credit is available to US manufacturers of clean energy […]
Early In 2024: A New IRS Leadership Structure
[ad_1] IRS does some restructuring at the top. Announced yesterday, the plan reflects the agency’s new transformation work underway thanks to Inflation Reduction Act funding. […]