Remember that Tax Extenders Bill that seemed to be moving ahead? Consider it stalled. Amid a flurry of proposed amendments to the bill, Sen. Harry
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Senate Moves Forward To Extend Tax Breaks For 2014
If you’re still smarting from writing out that check to pay your 2013 tax bill, some relief might be on the way: the tax extender
Read MoreWhat If Congressional Elections Were Run Like The NFL Draft?
Over the past few days, like many of you, I’ve been glued to the NFL draft board (Forbes’ Darren Heitner had great coverage here). It
Read MoreHouse Finds Lerner, Central Figure In Tax Exempt Scandal, In Contempt Of Congress
Today, the House voted to hold Lois Lerner, the former Director of Exempt Organization for IRS, in Contempt of Congress. So what’s next?
Read MoreGrimm Day: Congressman Indicted On Federal Charges, Including Tax Evasion
Rep. Michael Grimm (R-NY) was hit with a 20 count indictment including five counts of mail fraud, five counts of wire fraud, three counts of aiding and assisting in the preparation of false federal tax returns, one count of conspiring to defraud the United States, one count of impeding the Internal Revenue Service, one count of health care fraud, one count of engaging in a pattern or practice of hiring and continuing to employ unauthorized aliens, two counts of perjury and one count of obstructing an official proceeding.
Read MoreHouse Committee Votes To Hold Lerner In Contempt, Others Push For Criminal Prosecution
It was a flurry of activity on the Hill this week as one committee voted to pursue charges against disgraced former IRS official Lois Lerner as another committee asked Attorney General Eric Holder to consider criminal charges. Where do things stand now?
Read MoreCongressman’s Son Sues IRS For Nearly $1 Million Citing ‘Heavy-Handed’ Tactics
Citing “heavy-handed” tactics, Chaka Fattah Jr. has filed a lawsuit against the Internal Revenue Service claiming that they did not follow their own procedures during their investigation.
Read MoreInfrastructure Bill Includes ‘Tax Amnesty’ For Companies With Offshore Cash
Is it a bridge too far? A controversial proposal to fix our roads and bridges also includes the right to repatriate assets at zero tax, a move some are calling “tax amnesty.”
Read MoreFormer IRS Official Refuses To Testify Again, Lawyer Blasts “Partisan” Hearing
Lois Lerner, the former Director of Tax Exempt Organizations was back in Washington today to testify about her role in the IRS tax exempt organization scandal. At the May 2013 hearing, Lerner pleaded the Fifth. She was called back this month. Was the result any different?
Read MoreCamp’s Tax Proposal: The First Thing We Do, Let’s Kill All The Lawyers
Rep. Dave Camp released his tax reform proposal this week. Among the provisions, one targeting service professions – like lawyers, doctors, architects, engineers and consultants is getting attention. What does it mean for professionals and their clients?
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