IRS Prods Lawmakers to Pass Tax Extenders
Senate Finance Chairman Wyden prodded Congress after the IRS warned that failure to act could disrupt tax filing season.
Congress Begins to Tackle Retirement
Congress this week is turning its attention to the country’s retirement security crisis, particularly for workers in small and midsize businesses.
Senate Finance Approves Tax Extenders
The Senate Finance Committee on Thursday approved a bill to renew more than 50 tax breaks that have expired or will expire at year-end.
Senate Finance Sets Thursday to Debate Tax Breaks
The Senate Finance Committee will mark up a bill Thursday on a set of tax breaks that have expired or will expire at year-end.
New Hire Roundup: Fidelity Charitable Names Danforth President
Also, Ron Carson was named to the board of trustees of the American College, and the Withers Consulting Group welcomed David Burleigh.
Taxing Matters for the New Year
Two lawmakers struck a two-year budget deal in mid-December, just days shy of the budget conference committee’s Dec. 13 deadline to find a way to keep the government running beyond the expiration of the current continuing resolution (CR) on Jan. 15.
Senate Finance's Baucus Floats International Business Tax Reform Plan
Senate Finance Committee Chairman Max Baucus, D-Mont., released Tuesday the first in a series of discussion drafts on reforming the nation’s tax code.
Those who tend toward the conservative side of the political spectrum are often forced to defend themselves against charges that they are “against” health care because they don’t approve of government’s involvement.
Stark Statistics, Glimmers of Hope at DC Retirement Summit
The bad news: 4 out of 10 older Americans have no retirement savings. The good news: those with employer retirement plans are far more ready to retire. The challenge: getting Congress to act and lower-income savers to prepare.
Senate Finance Mulls Charitable Giving Reform
Overhaul of the charitable deduction and the political involvement of tax-exempt groups are two areas senators should examine, their staffers say in a new paper.