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A group of Senate Democrats is urging the Internal Revenue Service to extend the filing deadline for people with individual taxpayer identification numbers who have been affected by the massive processing delays at the IRS.
July 14 -
Elizabeth Warren and nearly two dozen colleagues in the Senate introduced legislation to enable more taxpayers to file their taxes online for free directly via the service.
July 14 -
A Senate plan to expand taxes on some businesses to bolster Medicare raised alarms about inflation, potentially complicating Democrats’ attempt to pass a broad economic package.
July 14 -
The state and local tax deduction issue threatens to spark a showdown among Democrats as high-stakes Senate talks inch closer to a deal on President Biden’s economic agenda.
July 14 -
While Charles Rettig is scheduled to testify to Congress’s main tax-writing committees, IRS officials offered potential justifications for the unusual audits.
July 13 -
It is important for strategic advisors to concentrate on the big picture. However, sometimes we need to look closely at the details.
July 11
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Crunch time has finally arrived for the president's economic agenda as Democrats scramble for a deal on a slimmed-down version of what was once a multi-trillion-dollar overhaul of domestic policy.
July 11 -
Former President Donald Trump must hand over financial records to a Congressional committee investigating his potential conflicts of interests.
July 11 -
Senate Democrats have reached a deal to extend the solvency of Medicare by closing a tax loophole frequently used by law firms and other partnerships.
July 8 -
A Treasury inspector general will review why two former FBI officials who ran afoul of former President Donald Trump were subjected to rare and detailed tax audits.
July 8 -
The two were subject to a rarely used program of intense scrutiny that is supposed to be randomly selected.
July 7 -
Review what you do and how much time you really have to work on what is essential.
July 4
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The Senate GOP leader said he will block bipartisan legislation to boost U.S. competition with China.
July 1 -
Senate Democrats are working on shrinking the tax increases in the president's economic package as part of a bid to get it passed in the coming weeks.
June 30 -
Here is a short checklist of some methods to find, educate and keep great staff members.
June 27
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Suspending the federal gasoline tax would be a largely symbolic move by an embattled president running out of options to ease pump prices weighing on Democrats’ political prospects.
June 22 -
The service said that as of June 10, it had processed more than 4.5 million of the more than 4.7 million individual paper returns received in 2021.
June 21 -
Allen Weisselberg, facing a tax fraud trial, argued that state prosecutors are improperly trying to enforce federal laws.
June 21 -
The president said he’s aiming to decide this week whether to move to suspend the federal gasoline tax.
June 21 -
Here are 10 tasks you can do for your clients to prepare them for tomorrow.
June 20
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