On August 6, 2020, the Senate adjourned without passing a stimulus package. Senate Majority Leader Mitch McConnell (R-KY) wasn’t involved in the talks, leaving Senate
Read MoreTag: unemployment benefits
Fix The Tax Code Friday: The Next Stimulus Package
As Congress gets to work on a second stimulus package, there have been a number of suggestions for how to kick start the economy. Some
Read MoreHouse Passes Senate Budget Bill: We Have A Deal!
Well, color me surprised. The House voted on the budget after all, and they voted up or down, rather than amending the Senate bill. The
Read MorePayroll Tax Cuts And Unemployment Benefits Extended
It’s done. The Senate and the House both voted today to extend the payroll tax cuts for the rest of 2012. Also in the bill?
Read MoreDeal Or No Deal? Congress May Have Agreement On Payroll Tax Cuts
Congressional leaders are reporting that they’ve reached a deal to extend the payroll tax cut. Two Representatives in the “closed-door” committee negotiations, Reps. Renee Ellmers
Read MoreCongress Still Struggles With Payroll Tax Cut Proposals
With the clock ticking away on the deadline for the one year payroll tax cut (this one, as it turns out, is a real deadline),
Read MoreShould Millionaires Be Eligible For Unemployment Benefits?
Last week, the Department of Labor released the latest unemployment figures. The good news is that the unemployment rate fell by 0.4% to 8.6% in
Read MoreMmm… Obama’s Plan Is So “Job-Creating”
President Obama will send his new jobs creation plan to Congress later today. He’s going to pitch it first in the Rose Garden surrounded by
Read MoreTaxes From A To Z: U Is For Unemployment Compensation
Sadly, a lot more taxpayers are trying to figure out the tax treatment of unemployment compensation these days… It’s helpful to understand a little bit
Read MoreCongress Considers Jobs & Tax Bill (Again)
Watching Congress do anything this year is kind of like being forced to sit through “Waterworld”… You thought you knew what you were in for
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