The U.S. House Ways and Means Committee voted to let companies write off more than half the cost of some investments immediately, providing a $287 billion tax cut to capital-intensive industries.
Tagged with: tax cuts
Read More »The U.S. House Ways and Means Committee voted to let companies write off more than half the cost of some investments immediately, providing a $287 billion tax cut to capital-intensive industries.
Tagged with: tax cuts
Read More »The U.S. House Ways and Means Committee will vote May 29 on a plan to let companies accelerate write-offs of capital investments.
Read More »The U.S. Internal Revenue Service said Thursday that it will revise proposed rules governing nonprofit groups’ involvement in politics.
Read More »U.S. companies would face strict limits on mergers in which they move their tax address outside the U.S. under a bill proposed Tuesday by Sen. Carl Levin, a Michigan Democrat.
Read More »U.S. Senate Republicans blocked a package of more than $80 billion in tax cuts, killing for now a measure that would provide incentives for corporate research and wind energy.
Read More »The U.S. House of Representatives voted to hold a former Internal Revenue Service official in contempt of Congress Wednesday for refusing to answer questions about her role in scrutinizing Tea Party groups.
Read More »As the political fight over raising taxes for high-income Americans fades away, so are predictions for negative economic fallout.
Read More »A U.S. House committee voted to hold former Internal Revenue Service official Lois Lerner in contempt of Congress for refusing to testify about her role in scrutinizing Tea Party groups seeking tax exemptions.
Tagged with: contempt Internal Revenue Service
Read More »House Republicans are seeking a way to address the ability of Internet retailers and catalog companies to avoid collecting state sales taxes, a situation brick-and-mortar stores say is unfair to them.
Read More »Small oil-and-gas drillers, second-home owners and land conservation advocates ensured that their provisions largely escaped U.S. Rep. Dave Camp’s knife in his ambitious plan to revamp the U.S. tax code.
Read More »The IRS is encouraging taxpayers to use the agency’s website — www.irs.gov — to look up basic tax information and check the status of their refunds, rather than calling.
Tagged with: Internal Revenue Service
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