Finance, investment and tax-related legislation

Big-time college athletes could find themselves with a tax bill after a rule change that will allow student players to accept endorsement deals, according to Republican Senator Richard Burr.

Rep. Jimmy Gomez, D-Calif., introduced legislation Friday modeled after the estate tax bill sponsored in the Senate by Sen. Bernie Sanders, I-Vt.

The House Ways and Means Committee approved legislation that would tax e-cigarettes, such as vaping devices, the same as tobacco products.

The Senate rejected a Democratic proposal that sought to give states leeway to help residents avoid the $10,000 limit on deductions for state and local tax payments.

The bill that would force anonymous shell companies to disclose their actual ownership.

With just a few months left, some ideas have more chance of passing than others.

The legislation would create a whistleblower program similar to the one at the SEC, offering protection to accountants and auditors, and others who know of accounting fraud.

The senator is taking a slightly different approach to targeting the same non-wage income as proposals from Democratic presidential hopefuls.

The leaders of the Senate Finance Committee issued three summary reports from their internal task forces examining what to do about the perennial problem of temporary tax breaks that need to be extended every few years.

The legislation would remove language like “husband” and “wife” from the tax code to accommodate same-sex couples and let them claim pre-2013 tax refunds.