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Senate approves unintended consequences, 90-5
The financial supergeniuses in the U.S. Senate have voted to make it harder for poor folks to get credit. Here’s what the politicians say they have done: This effort requires new rules of the road that...
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If it’s not a tax, why does the IRS make me pay it?
Lapsed conservative Bruce Bartlett opposes a payroll tax cut to stimulate the economy. One of his arguments is that the payroll tax isn’t a tax. The Tax Policy Blog makes the obvious reply: Payroll...
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Tax Roundup, 4/11/2013: A new Iowa income tax reform proposal. And: new Obama...
Iowa Senate Republicans advance income tax plan. TheGazette.com reports: Sen. Randy Feenstra, R-Hull, said all 24 minority Senate Republicans have signed onto a proposal to significantly lower state...
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Tax Roundup, 9/5/14: Obamacare tax credits get a reprieve. And: what’s $14...
The U.S. Court of Appeals for the D.C. Circuit will re-hear Halbig. The full court will re-decide the decision reached by a three-member court panel that limited tax credits under Obamacare to...
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Tax Roundup, 12/10/14: Extender bill lives, permanent charitable extender...
Whither the extender bill? HR 5771, the bill to extend retroactively through the end of this month the 55 or so tax breaks that expired at the end of 2013, has been “placed on the Senate Legislative...
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Tax Roundup, 12/11/14: Cromnibus cuts IRS budget, delays extender vote. And:...
The “Cromnibus” train-wreck spending bill process seems to be holding up everything else, including the extender vote. The 55 Lazarus provisions awaiting revival are on hold while Congress struggles to...
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Tax Roundup, 4/18/16: Tie up the loose ends day. And:
It’s filing day. Or punting day. Whatever. Today does mean something. It’s the deadline for filing or extending your 2015 individual tax return, unless you are living overseas or serving in a combat...
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Tax Roundup, 8/26/16: Excessive taxpayer wariness, broken IRS collections...
Acccounting Today newsletter readers: click here to go to the post about corporate rates. Field day. Today is the office outing, so it’s links-only so I can go participate in the annual feats of...
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Tax Roundup, 4/11/17: One week check-in. Also: a contribution tip, links, and...
Checking in a week from deadline. 1040s are due a week from today. So far the season seems to be going relatively smoothly, but it appears that nationwide filings remain noticeably behind last year’s...
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