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Senators Rob Portman, R-Ohio, and Ben Cardin, D-Md., introduced bipartisan legislation Thursday to make the Internal Revenue Service more accountable to taxpayers, as well as revive the IRS’s regulation of tax preparers, as a panel of tax experts testified before their subcommittee about improving tax administration at the IRS.
July 26
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The House approved a repeal of the Affordable Care Act’s medical device tax, along with a bill that prohibits the IRS from rehiring any employee who was fired for misconduct.
July 25
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A closely divided Senate Finance Committee advanced the nominee for the next Internal Revenue Service commissioner, Charles Rettig, by a vote of 14 to 13, but he awaits a vote by the full Senate.
July 19
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A new, Republican-led effort to tax carbon dioxide emissions isn’t likely to make it to a vote in the House of Representatives anytime soon — but opponents aren’t taking any chances.
July 19
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Republicans are promising Tax Reform 2.0, but only a few measures may get approved.
July 18
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Jeb Hensarling and Maxine Waters don’t agree on much but they reached a compromise on a plan for dialing back financial rules that passed the U.S. House Tuesday.
July 17
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The bill would allow taxpayers to treat the amounts paid for membership at a fitness facility as medical expenses.
July 12 -
Some of the mistakes in the hastily drafted legislation could cost the industries millions of dollars.
June 12 -
Under pressure from businesses and homeowners, the Seattle City Council is poised to repeal a tax on large employers like Amazon.com Inc. less than a month after it passed the tax unanimously.
June 12
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A House bill to repeal the four-month-old U.S. college endowment tax has gained sponsors on both sides of the political aisle.
May 10
