Tax Reform Slashes Deductions for Settlements Paid to Government Agencies for Violations and Investigations - IRS Requests Comments by May 18 - Businesses making payments to governments and governmental entities on or after...more
As if it wasn’t going to be busy already, the Internal Revenue Service (“IRS”) has set Tax Day, April 15, 2016, as the due date for comments on significant new partnership audit rules. This new law, which was enacted as part...more
Senator Ron Wyden (D-OR) has been a strong advocate for comprehensive tax reform since he joined the Senate Finance Committee in 2005. During his tenure on the Committee, he has introduced a series of comprehensive tax reform...more
7/23/2014
/ 401k ,
Corporate Taxes ,
Deficit Reduction ,
Energy Tax Incentives ,
Individual Retirement Account (IRA) ,
Pass-Through Entities ,
Proposed Legislation ,
Senate Finance Committee ,
Tax Incentives ,
Tax Rates ,
Tax Reform
On January 1, 2013, the Senate and House of Representatives passed the American Taxpayer Relief Act of 2012 (“ATRA”), signed into law by President Obama on January 2. ATRA averts the “fiscal cliff” by making permanent the...more
1/9/2013
/ Alternative Minimum Tax ,
American Taxpayer Relief Act ,
Capital Gains ,
Dividends ,
Farm Bill ,
Fiscal Cliff ,
Income Taxes ,
Medicare Taxes ,
Roth Conversions ,
Sequestration ,
Tax Credits ,
Tax Rates