Tax

Recent changes in the tax treaty between the U.S. and Canada will have an impact in a variety of areas, including 401(k) contributions and stock options, as well as the ability of taxpayers to move across borders.

PDI Global has introduced an online version of its 2009-2010 Tax Planning Guide that accounting firms can put on their Web sites and market to clients.

Small-business owners and industry representatives told a House committee that the tax breaks in the stimulus package passed by Congress in February have helped some companies.

House Democrats have introduced health care legislation that would impose a surtax on upper-income taxpayers, and penalties on many small businesses that don’t provide health insurance coverage to employees.

The TV networks have been on a letter-writing campaign lately in an effort to dissuade Congress from ending the expensing of ads by pharmaceutical companies.

House Ways and Means Committee Chairman Charles Rangel, D-N.Y., has been called to the White House to discuss his proposed surtax on the wealthy to pay for health insurance reform.

Entrepreneurs urged lawmakers to extend the research and development tax credit at a House subcommittee hearing Thursday.

Sen. Charles Grassley, R-Iowa, has introduced a bill to lower the tax burden on small businesses.

New Jersey Governor John Corzine must be breathing a sigh of relief now that his state has recovered over $625 million from a tax amnesty program.

E-mail newsletter provider BizActions has introduced an Online Tax Guide that CPAs can link to from their own Web sites and brand with their own firm’s name and logo.