Senate Finance Gears Up for Tax Reform Hearings
Upcoming committee hearings to look at education tax incentives, ID theft and taxpayer privacy.
House Panel Advances Tax Extenders Package
Bonus depreciation, also known as bonus expensing, allows all businesses to immediately deduct 50% of investment in equipment and software.
Ryan Budget Seeks to ‘Tighten’ SEC’s Belt
But SEC Chairwoman Mary Jo White told lawmakers the same day that there was "an immediate and pressing need" for more funding for advisor exams.
Senate Finance’s Wyden Set to Move on Tax Extenders
Chairman Wyden, determined to make this the “last time we do extenders,” hopes to use this chance “to reform the broken tax code.”
Providing Tax ‘Alpha’ to Your Clients: 21 Days of Tax Planning Advice
Our fourth annual monthly focus on tax planning advice can help you and your clients this tax season. Here’s what we’ll be looking at on ThinkAdvisor.
Camp: Tax Overhaul Is ‘Moving Forward’
Chairman of the House Ways and Means Committee tells Bloomberg TV that despite opposition, he's got “a lot” of GOP and Democratic backers.
Camp’s Tax Plan Unlikely to Pass but Sure to Ignite Debate
Though Rep. Camp's tax plan is highly unlikely to become law this year, retirement planning advocates weighed in.
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.
Unlikely Budget Deal Paves Way for CR; Shutdown Risk 'Very Small': Analyst
A stopgap measure to keep funding at current levels, minus sequester cuts, is the most likely outcome, says Washington Analysis' Joe Lieber.
Chained CPI Could Mean Big Social Security Cuts in Long Term
Changing the basis for COLAs is a “politically easy” way to cut benefit outlays, says James Osborne, president of Bason Asset Management.