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A pair of Democratic senators who chair influential committees have introduced legislation aimed at closing a variety of tax loopholes to reduce the budget deficit.
February 8 -
Baby Boomers nearing retirement age will have many factors to consider in choosing where to live in retirement, including state taxes, according to CCH tax experts.
February 7 -
The Internal Revenue Service has issued proposed regulations to provide guidance on the excise taxes imposed on the sale of medical devices under the health care reform law.
February 3 -
Sometimes its possible to predict a legislative outcome by comparing opening statements and testimonies of committee witnesses.
February 2 -
KPMG has acquired the U.S. assets of Thomson Reuters ONESOURCE Indirect Tax Managed Services business.
February 2 -
Sen. Sheldon Whitehouse, D-R.I., has introduced legislation to implement President Obama’s proposal in his State of the Union speech that millionaires should pay at least a minimum 30 percent income tax rate.
February 1 -
With the filing season well underway, the IRS is estimating that more than 144 million individual tax returns will be filed this year - some 4 million more than last year - and it expects to receive most of them by the April 17 deadline.
February 1 -
The Senate Finance Committee held a hearing Tuesday to examine the growing number of tax extenders in the Tax Code that need to be renewed every year or two, and how there could be greater predictability with overall tax reform.
January 31 -
President Obama encouraged Congress to act on a package of legislative proposals to expand tax breaks and financing for startups and small businesses.
January 31 -
The Internal Revenue Service has increased its forecasts for the number of information-reporting forms it expects to receive this year and in subsequent years as a result of increased reporting requirements.
January 30
