Affordable Housing & Tax Pt. 1: Current Conditions; Home Mortgage Interest Deduction
Amid rising home and renting costs and supply shortages, experts have become increasingly critical toward the effectiveness of existing housing …
House Passes Disaster Tax Relief Bill
Though the broad bipartisan tax bill remains stalled, the House overwhelmingly passed a portion of that package aimed at aiding …
CBO, JCT Asked About Impacts of Making Health Insurance Premium Tax Credit Permanent
Ways and Means Committee Chair Jason Smith (R-MO) and House Budget Committee Chair Jodey Arrington (R-TX) have asked analysts how …
Dems Call for Expansion of Direct File
Over 130 Democrats urged Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel to make the tax e-filing pilot program, …
Battle Against the Corporate Transparency Act Continues
The National Small Business Association (NSBA) has filed its brief with the Eleventh Circuit urging it to uphold a lower …
Wyden Still Confident About Tax Bill
Senator Ron Wyden (D-OR) refused to speculate about the failure of the bipartisan tax bill — which has remained stalled …
House Committee Advances Bills to Increase Transparency of Exempt Org Spending, Funding
The House Ways and Means Committee reported three bills aimed at increasing the transparency around tax-exempt organization spending and receipt …
Treasury Official Sheds Light on Sec. 761(a), Clean Energy Credit Elective Payment Election Regs
Attorney Advisor Sarah Haradon of the Treasury Department Office of Tax Policy shared the rationale behind the issuance of proposed …
Republicans Call for Harsher Data Leak Penalties; IRS Tightens Security
publican lawmakers, led by House Ways and Means Committee Chair Jason Smith (MO), have introduced legislation that would increase penalties …
IRS Increases Security Measures for Practitioners Obtaining Client Transcripts
In an attempt to stem the tide of identity theft and refund fraud, the IRS has announced increased security measures …