Finance

The tax-writing House Ways and Means Committee plans to hold votes Thursday on several Republican-sponsored bills that would make five temporary tax breaks into permanent parts of the Tax Code.

A group of Democratic lawmakers in Congress are urging the Treasury Department to crack down on corporations that use tax inversions to merge with foreign companies to lower their tax rates and publish a shame list of them.

Jeb Bush’s tax plan attempts to fuse disparate streams of Republican thinking on U.S. fiscal policy, moving beyond the base-broadening, rate-lowering mantra that has animated the party.

Get Thomas Rustici talking about the current state of U.S. economic policymaking, and the adjectives start flowing: Corrupt, worst, wasteful, bloated, dangerous.

The chairmen of Congress’s two main tax committees, House Ways and Means Committee chairman Paul Ryan, R-Wis., and Senate Finance Committee chairman Orrin Hatch, R-Utah, have written to Treasury Secretary Jacob Lew saying he should hold off on developing country-by-country reporting regulations for taxation of multinational corporations.

The Senate Appropriations Committee is proposing to increase the length of the Schedule EIC for claiming the Earned Income Tax Credit, requiring taxpayers to include much the same information on self-prepared returns that paid tax preparers are required to ask them on the EITC due diligence checklist.

Congress has passed a variety of tax provisions so far in 2015

Congressional stalling on tax reform, currency fluctuations and mixed signals from the Federal Reserve on an interest-rate hike are making strategic planning difficult for CFOs, according to a new survey by Grant Thornton.

Practitioners school Congress on tax complexity

Bloomberg BNA has released a new edition of Unclaimed Property, its Tax Management Portfolio on escheatment and unclaimed property laws.

It’s the beginning of the end of the filing date disconnect between foreign bank account reports and income tax returns.

After years of passing on more and more health-care costs to employees, companies are slowing their adoption of high-deductible plans next year, according to a survey of more than 100 large U.S. employers.

I testified two times before the House Ways and Means Committee, in June 1980 and June 1985.

Republican presidential candidates Mike Huckabee and Ben Carson proposed simple-sounding tax plans during Thursday’s debate in Cleveland. How do their proposals square with the facts?

The National Society of Accountants has sent a letter to every member of Congress urging them to enact legislation to support a Tax Practitioners Bill of Rights that the organization issued in June and increase funding for the Internal Revenue Service.

A bipartisan U.S. Senate bill that would revive and extend dozens of lapsed tax breaks would spur economic growth and cover about 11 percent of its own costs, according to Congress’s nonpartisan scorekeeper.

Congress has effectively overruled the Supreme Court by extending the time period for auditing certain types of tax returns.

Business executives are giving mixed predictions on when and if tax reform will finally happen in Washington, in a new survey.

A short-term highway-funding bill passed by the Senate on Thursday contains a number of tax-related provisions, including changing the due dates for partnership and C corporation tax returns.

Is it too early to start thinking about tax extenders? Not according to Kathleen King, managing director of Alvarez & Marshall Taxand’s Washington, D.C., office.