Despite calls from both sides of the aisle to reduce spending, Congress was happy to cough up dollars and tax breaks for pet projects – when they bothered to show up at all, that is. In all, wasteful spending and unnecessary tax breaks totaled nearly $19 billion.
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Congress Takes Home Millions Of Tax Dollars While On Recess
The President and his staff are working this week. And yes, the Supremes are holding court this week, too (I’ll have more on that later).
Read MoreCongress Plays Recess
Just like that, Congress took a walk this week. The House adjourned on Friday and the Senate took off this morning. They apparently needed a
Read MoreMiddle Class Tax Cuts Not Extended
I hate it when news reports give the impression that something is totally different than it really is… This is why when I checked email
Read MoreIf The Health Care Law Is Really A Tax Law, Is It Doomed On Procedure?
Now that the dust is settling a bit on the SCOTUS decision on the Patient Protection and Affordable Care Act, questions are starting to come
Read MoreBullied Bus Monitor Fund Met With Support, Confusion
I love it when people do the right thing. But sometimes in our zeal to do the right thing, we don’t take a few moments
Read MoreA Simple Solution For Reducing Taxpayer Fraud
Some of the best ideas are the most simple. This dawned on me while chatting with a fellow tax pro at a recent networking event
Read MoreIRS Lacks Statutory Authority To Extend Time To Assess Tax
Charles J. Sigerseth just won an A… or at least a nice note to his professor. Charles’ entry on the statute of limitations issue is
Read MoreCongress Wants IRS To Play Border Control
And here I thought, in an election year, that nothing would get done. In the blink of an eye, the Senate has managed to pass
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
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