Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
House Dems Revive Bill to Close Carried-Interest Loophole
By Melanie WaddellThe Ending Wall Street Tax Giveaway Act would tax carried interest as ordinary income.
April 13, 2023
Rep. Gaetz Pushes for Talks to Raise Social Security Age"I do question that, forever and always, we are going to have the same retirement age," said the Republican congressman from Florida.
April 13, 2023
12 Top Medicare Bills in Congress NowSome could have a direct effect on the medical bills of your clients over the next few years.
April 13, 2023
3 Ways to Save Social Security and MedicareRaising the full retirement age, adding taxes on the wealthy and retargeting benefits are some options on the table.
April 06, 2023
SALT Tax Break Gets Fresh Push From RepublicansCongressional talks about state and local tax deductions are ongoing as taxpayers file their fifth tax return with the $10,000 cap.
April 04, 2023
New Bill Revives GOP Push to Repeal Estate Tax"The real issue here is the income tax benefit, which is not mentioned," says financial expert Ed Slott.
April 04, 2023
Senate Bill Could Help Protect Clients From Bad GuardiansS. 1148 would form an oversight council, support data collection and fund state advocacy programs.
April 04, 2023
My Wacky Idea to Save Social SecurityThere is a way to avoid cutting benefits and raising taxes. But will Americans embrace it?