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Treasury Secretary Tim Geithner told a Senate panel that the Obama administration plans to introduce a series of proposals to reform the corporate tax laws.
February 15 -
After months of wrangling, congressional leaders appear to be close to a deal on extending the payroll tax cut, unemployment benefits, and the so-called “doc fix” for Medicare physician reimbursements through the end of the year.
February 15 -
Rep. Sander Levin, D-Mich., the ranking Democratic member on the tax-writing House Ways and Means Committee, introduced legislation Tuesday to tax the carried interest earned by hedge fund managers, private equity firm partners, venture capitalists and others at the same tax rates as ordinary income.
February 14 -
President Barack Obama's 2013 election-year budget took investors by surprise with a call for significantly higher taxes on dividends, a major change from his earlier tax proposals and one that will raise the ire of dividend-paying companies.
February 14 -
The Obama administration has increased its budget request for the Internal Revenue Service for fiscal year 2013 to approximately $12.8 billion to make up for recent budget cuts.
February 13 -
KPMG LLP said Monday that it would offer tax offsets to its lesbian, gay, bisexual and transgender partners and employees for the additional federal and state tax costs they incur when they pay for the medical benefits of same-sex domestic partners.
February 13 -
The Treasury Department has released its greenbook outlining the tax proposals in the Obama administrations fiscal 2013 budget.
February 13 -
President Obama called for tax reform measures Monday to cut the budget deficit by $1.5 trillion in his fiscal year 2013 budget.
February 13 -
The legislation passed by Congress at the end of 2010 to extend the Bush tax rates for another two years is bad news for estate planning practitioners.
February 12 -
The House Ways and Means Committee held a hearing on the interaction of tax and financial accounting rules on tax reform.
February 9