Capital Thinking: Tax and Retirement


Uncertainty as to Timing on extenders

While Senate Democrats have suggested the possibility of taking up tax extenders early this year, Senate Republicans, including Senate Finance Committee Ranking Member Orrin Hatch (R-UT), have indicated that movement on a bill may not occur within such an ambitious timeframe. 

The House has not shown signs that it is ready to consider a bill. 

Baucus plans more Tax reform drafts

Senate Finance Committee Chairman Max Baucus (D-MT) is expected to release additional tax reform discussion drafts, perhaps this week, with the next draft rumored to focus on infrastructure.

Previously, Chairman Baucus released staff discussion drafts on international tax, tax administration, cost recovery and accounting, and energy tax reform.


IRS requests public comment on mark-to-market accounting rules

Last week, the Internal Revenue Service requested public comment on proposed and temporary mark-to-market accounting rules for commodities dealers, with the purpose of determining whether exemptions from mark-to-market treatment are properly claimed.

Written by:

Published In:


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Squire Patton Boggs | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »


Squire Patton Boggs has launched to combine the strength, influence and resources of Squire Sanders... View Profile »

Follow Squire Patton Boggs:

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.