Finance, investment and tax-related legislation

Two senior Democratic senators proposed the tax in an effort to boost investment and reduce what they termed 'tax avoidance.'

The Ways and Means Committee voted to approve 12 weeks of paid family leave and a mandate to enroll employees in retirement accounts.

The stumbling block is scrapping the deduction limit without losing progressives wary of a tax cut that would overwhelmingly benefit the wealthy.

Nonetheless, the party's congressional leaders are determined to forge ahead with the tax and spending plan.

Senate Democrats are discussing a wider range of tax proposals than President Joe Biden has proposed, including levies on stock buybacks, carbon emissions and executive compensation, as part of a package of measures to help fund a ramping up in social spending.

Key legislators are at odds over how high to increase levies on investment gains.

The lack of tax information from major platforms isn’t a technological limitation. It’s a design decision.

The resolution came after a White House pressure campaign and assurances from Speaker Pelosi helped unite fractious Democrats.

The House Speaker and a group of centrist Democrats will resume talks after hours of negotiations failed to break a stalemate late Monday.

Experts and leading practitioners are looking at ways to mitigate the possible affect of the legislation from a tax perspective.

After early progress in the Senate, the administration's plans now face a crucial test this week in the House.

Rich Americans may have to wait until deep into the fall, or later, to find out how much they'll owe.

The speaker of the House had floated a potential compromise, but it was rebuffed.

But observers say the industry did relatively well for one of its first efforts at impacting legislation.

A CPA and a corporate communications vet are at the forefront of trying to reinstate the state and local tax deduction.

Although the upper house is moving forward on the infrastructure legislation, agreement on a last batch of amendments was elusive.

Broad oversight for virtual currencies remains a part of the infrastructure bill currently in the Senate.

Among the unresolved issues is how to modify a provision dealing with reporting requirements for cryptocurrency transactions.

Wyden’s proposed legislation would require them to pay tax annually on unrealized gains.

A bipartisan group released an alternative cryptocurrency revenue-raising plan.