The tax deal will advance in the Congress. As of this hour, the Senate has secured at least 60 votes needed to take the measure
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If At First You Don’t Succeed: Another Vote Scheduled for Tax Deal
This one isn’t going down without a fight. After Democrats in Congress publicly defied President Obama by refusing to endorse the tax deal he negotiated
Read MoreTax Update Piece On Its Way
A lot has happened in the tax world over the past 24 hours. I’m working on a comprehensive article about the new tax bill. In
Read MoreWhat The Heck Do The Tax Cuts Mean?
Earlier this morning I received an email from a reader who confessed that they really weren’t sure how the Bush tax cuts would affect them
Read MoreCongress Throws A Tantrum Over Tax Cuts
My daughter hates to do her chores. Last week, she got it into her head that it wasn’t fair that she had to set the
Read MoreBlack Friday, Indeed, For Congress: Vote Looming
Democratic leaders met this week to talk turkey and decided on two things: A vote on the Bush tax cuts won’t happen until after Thanksgiving;
Read MoreLame Duck, Lame Duck, Goose!
Nothing is quite so exciting as a lame duck Congress. And I mean that in the most snarky, sarcastic, rolling of my eyes kind of
Read MoreThe Waiting Game & AMT
As a parent, I spend a lot of time waiting. I have watched my son eat a peanut butter and jelly sandwich for an hour.
Read MoreFix the Tax Code Friday: Tax Predictions
So, none of us have a crystal ball but earlier this week, I made some predictions about potential tax changes in the new year. I
Read MoreCongress Promises AMT Relief
But don’t get too excited. It’s totally lame – again. You see, when it comes to the AMT (alternative minimum tax), Congress has no answer.
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