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Congress reintroduced legislation to prevent abuses of a tax break that’s supposed to protect public lands, but is often used as a tax shelter.
June 25 -
The $579 billion infrastructure deal is a win, yet the bipartisan plan faces hurdles in Congress that reflect challenges to the president's broader economic agenda.
June 25 -
The cost of the expenditures would be offset by a variety of revenue-raising provisions, including stronger enforcement of tax collections from the wealthy.
June 24 -
The group proposed $40 billion in Internal Revenue Service funding to yield $103 billion.
June 24 -
Top White House aides wrapped up a meeting with a group of senators Tuesday without producing an infrastructure compromise, as differences on how to pay for a proposed $579 billion in new spending for roads, bridges and other projects continue to bedevil the talks.
June 23 -
Top administration aides are set to meet with a group of senators trying to come up with an infrastructure compromise.
June 22 -
Tax experts dissent the Biden budget proposal in search of planning opportunities.
June 22 -
A 25% tax credit is the latest carrot being proposed on Capitol Hill to encourage semiconductor companies to bolster U.S. production.
June 18 -
The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.
June 17 -
The administration said no deadline has been set for talks, but House Democrats said they are ready to move ahead without Republicans.
June 16 -
Sen. Chuck Grassley, R-Iowa, and Ron Wyden, D-Oregon, introduced a bipartisan bill to protect tax whistleblowers.
June 15 -
Lawmakers are trying to hash out a compromise $1.2 trillion, eight-year infrastructure spending package.
June 15 -
President Joe Biden’s quest to enact his $4 trillion economic agenda enters a turbulent new phase Monday as the U.S. House comes back into session and Democratic representatives ramp up pressure on the Senate to produce a bipartisan compromise or stop prolonging the effort.
June 14 -
Congress introduced bipartisan legislation to recognize accounting as part of the science, technology, engineering and mathematics curricula.
June 11 -
The debate over how to pay for the nation’s roads, bridges and transit systems is leading some normally anti-tax Republicans to embrace higher levies on motorists.
June 11 -
The proposal calls for $579 billion in net new spending beyond outlays that Congress was already expected to enact.
June 11 -
Uncertainty around coming tax changes and the coronavirus pandemic are making it harder for tax pros to plan.
May 28 -
The legislation would overhaul the current menu of energy tax breaks, consolidating credits for renewable energy sources and offering incentives to any energy source that has no carbon emissions.
May 27 -
New legislation would equalize the tax breaks for different types of recreational vehicles, including travel trailers and campers.
May 26 -
GOP lawmakers reject the White House’s latest counteroffer of $1.7 trillion as too costly and object to corporate tax increases.
May 25

















