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tax policy

Baucus & Camp Talk Reform As Tax Road Show Rolls On

30 July 2013

Senate Finance Committee Chairman Max Baucus (D-MT) and House Ways and Means Committee Chairman Dave Camp (R-MI) made a stop in Philadelphia as part of their bipartisan roadshow for tax reform. Small business owners talked tax and business – and no surprise, simplification and certainty topped their wish list.

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New York To Issue Tax Refunds For Same Sex Couples

25 July 2013

Gov. Andrew Cuomo has announced that New York will issue estate tax refunds to those taxpayers who file amended returns as a result of the recent Supreme Court ruling that deemed DOMA unconstitutional.

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Funny Money Or New Economy? Alternative Currency Raises Tax, Other Challenges

22 July 2013

As interest in alternative currencies like Equal Dollars and BerkShares grows, the tax implications of using currencies for goods and services become more relevant. We know that IRS has its eye on digital currencies like Bitcoin and previously, Liberty Reserve, but what about local currencies?

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Get Ready To Shop: State Sales Tax Holidays Are Back!

17 July 2013

State sales tax holidays are back just in time for back to school shopping.

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Ending Tax Breaks On Municipal Bonds Shifts Burden To The Rest Of Us

16 July 2013

Better check that portfolio: the Obama administration is continuing to push for limits on the tax exemption of municipal bonds. The plan was tucked away in the President’s budget introduced in April but hasn’t attracted much public attention – until now, when it appears that the cap may actually happen. Traditionally, municipal bonds have attracted […]

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After Official Rejection, Holes In Swiss Policy Leave Banking Industry Uncertain

23 June 2013

A year ago, the biggest story in banking was that the U.S. and Switzerland had reached an accord that would all but end the secrecy afforded to offshore account holders. What a difference a year can make. As summer session draws to a close, the lower house of the Swiss parliament has rejected – twice […]

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Archbishop Says Those Who Avoid Taxes ‘Are Actually Robbing God’

19 June 2013

On the last day of the G8 summit in Northern Ireland, a number of major world leaders agreed on new measures meant to ensure tax compliance by individuals and companies. The focus on tax evasion was a major part of the agenda set by British Prime Minister David Cameron: tax, trade and transparency, or the […]

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Cameron Announces That G8 Will Focus On 3Ts: Taxes, Transparency & Trade

17 June 2013

As the G8 Summit kicked off today, all eyes were on British Prime Minister David Cameron to set the agenda. He announced that three Ts, taxes, transparency, and trade, would be priorities as world leaders settled in for the two day conference. G8 is term for the Group of Eight, a group of the governments […]

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What I Think Of Taxes: A Child’s Perspective

16 June 2013

I woke up this morning the mother of an eleven year old. I’m still not sure how that happened. But I’m sure glad that it did. Here’s what you need to know about my daughter, Kate. She’s a daddy’s girl. She’s super smart and pays attention to detail: in the fourth grade, she won an […]

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Suicide Attempt Outside NBC’s Today Show Linked To IRS, Tax Problems

12 June 2013

Admit it: you’ve thought about how cool it would be to be caught on camera outside of the Today Show in Rockefeller Plaza. Thousands flock to the famous glassed in wall every day to be seen with a message, usually something along the lines of “We love Justin” or “Happy Birthday, Kate” as Matt Lauer, […]

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