- Small Business Group Sees Flaws in Tax Reform Plan
The National Small Business Association is warning that some of the tax proposals in President Obama's business tax reform framework could hurt small businesses.
- Obama Signs Payroll Tax Cut and Unemployment Benefits Extension
President Obama has signed into law an extension through the end of the year of the payroll tax cut, unemployment benefits, and the so-called "doc fix" to prevent Medicare physician reimbursement rates from plunging.
- Obama Urges Corporate Tax Cut, Closing Loopholes
President Barack Obama launched a dialogue with corporate America on Wednesday over business tax reform, offering his first clear plan to cut the corporate tax rate, with little prospect of it becoming law in an election year.
- Obama Proposes Business Tax Reforms
The Obama administration unveiled a set of proposals for business tax reform on Wednesday aimed at lowering the corporate tax rate to 28 percent from a high of 35 percent, while eliminating dozens of tax loopholes and subsidies.
- Expats Press Capitol Hill for Tax Reforms
A nonprofit group representing the interests of U.S. citizens living overseas met with congressional staffers to push for a residence-based taxation system.
- Congress Passes Payroll Tax Cut and Unemployment Benefits Extension
Congress passed legislation Friday extending the payroll tax cut, unemployment benefits, and the "doc fix" for Medicare physician reimbursements through the remainder of the year.
- Running the U.S. Without Any Real Budget
There hasn't been a federal budget in three years, so what's to worry about the just-released budget for fiscal year 2013?
- Congress Releases Details on Payroll Tax Cut and Unemployment Extension
House and Senate negotiators have released a conference committee report spelling out several of the provisions of the payroll tax cut extension legislation, which also extends unemployment benefits and the "doc fix" for Medicare reimbursements for physicians.
- IRS Commissioner Shulman Warns of Tax Risks
IRS Commissioner Doug Shulman warned tax executives that they face substantial tax risks from uncertain tax positions, international enforcement efforts, and impermanent tax credits that expire every year or two.
- Congress Reaches Tentative Deal on Payroll Tax Cut Extension
U.S. lawmakers reached a tentative deal on Tuesday on legislation aimed at boosting the economy by extending a payroll tax cut for 160 million workers through this year and continuing long-term jobless benefits, congressional aides said.