Yellen Warns of Economic Fallout From War in Ukraine
The global economy can expect “enormous repercussions” from the war in Ukraine, U.S. Treasury Secretary Janet Yellen warned lawmakers on …
Jeff Carlson
Jeff Carlson covers federal tax legislation on Capitol Hill for Thomson Reuters.
Previously Jeff worked at CCH covering federal tax legislation for 18 years. Prior to that he was a business reporter for several daily newspapers.
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Biden Budget Proposal Includes ‘Billionaire Tax’
The White House on March 28 released its 2023 budget proposal, which includes a new tax on billionaires, targeting the …
House Retirement Bill Headed for Floor Vote
By Jeff Carlson A bipartisan retirement bill approved last year by the House of Representatives’ Ways and Means Committee will …
Wyden Plans New Tax Rollbacks Against Russia Over Ukraine Invasion
A plan to increase financial pressure on Russia beyond sanctions imposed by the Biden administration is currently being developed by …
House Moves to Pass Omnibus Spending Bill with IRS Funding
House leadership late on March 9 hoped to get final approval of a $1.5 trillion omnibus spending bill designed to …
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IRS Isues Proposed REGs to Determine Present Value in Defined-Benefit Plans
The IRS has issued proposed regulations containing mortality tables for determining present values under defined benefit pension plans. Background. Code …
During First Public Conference as PCAOB Chair, Williams Signal No Major Changes
New PCAOB Chair Erica Williams indicated that there will likely not be any major changes in terms of how the …
IRS Reminds Taxpayers to Remove Excess Salary Deferrals By April 15
In an Employee Plans news alert, the IRS has reminded taxpayers that for 2021 the aggregate total of salary deferrals …