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President Barack Obama reiterated his proposals for cuts in business and individual taxes and called on Republicans and Democrats to work together after the elections.
October 31 -
President Barack Obama visited a Maryland factory Friday and promoted his proposal for allowing businesses to deduct the entire cost of their purchases of new equipment through the end of next year.
October 29 -
The Internal Revenue Service has decided that breast pumps and other breast feeding supplies cannot be paid for with money from mothers tax-exempt flexible spending accounts and health reimbursement accounts.
October 29 -
The Internal Revenue Service has posted information on how tax-exempt organizations can claim the Small Business Health Care Tax Credit.
October 29 -
The Internal Revenue Service has released additional information on how medical residents may be eligible for a refund on the employment taxes withheld from their paychecks by teaching hospitals.
October 29 -
The First-Time Homebuyer Credit will jump up and bite you in the shorts at least six times this next tax season, Doug Van Der Aa told attendees at the Thomson Reuters Users Conference.
October 29 -
Clifton Gunderson has acquired Farrell & Associates, expanding the firms footprint in Illinois.
October 29 -
Reports have surfaced that the federal debt commission (officially known as the National Commission on Fiscal Responsibility and Reform) is considering the heretofore unimaginable elimination of popular tax breaks, including deductions on mortgage interest, as part of its report due on December 1.
October 28 -
The Internal Revenue Service faced challenges last tax season verifying taxpayers eligibility for some of the newer stimulus-related tax credits, allowing 125,762 individuals to receive nearly $111.4 million in erroneous Recovery Act-related tax benefits, according to a new government report.
October 28 -
The Internal Revenue Service said the cost-of-living adjustments affecting the dollar limitations for pension plans and other retirement- related items for tax year 2011 will mostly remain unchanged, except for a few small inflation adjustments.
October 28
