Republicans Work Toward a Tax Reform Budget and Away From Entitlements
FollowRepublicans in the House have begun to cut back on their desire to incur hard cuts to retirement programs and are now focusing more on simplifying the tax code which is a more popular topic for taxpayers. They still want to cut spending for Social Security and Medicare but have launched a series of meetings […]
Follow Republicans in the House have begun to cut back on their desire to incur hard cuts to retirement programs and are now focusing more on simplifying the tax code which is a more popular topic for taxpayers. They still want to cut spending for Social Security and...Tax Reform Coming Soon and What it Means for You
Taxpayers and accountants have been fighting to bring about tax reform for years and finally the House and Senate are offering alternatives to streamline and simplify them. Rep Dave Camp from Michigan who is chair of the Ways and Means Committee issued a news release in February suggesting changes in the complicated set of […]
Follow Taxpayers and accountants have been fighting to bring about tax reform for years and finally the House and Senate are offering alternatives to streamline and simplify them. Rep Dave Camp from Michigan who is chair of the Ways and Means Committee issued a...Obama’s Proposed Budget for 2014 adding New Estate Tax Provisions
The President recently released his proposals for the 2014 budget. To read the entire proposal click here. These proposals include several that will affect estate, gift and generation-skipping. (GST) One would return the estate, gift and GST tax regimes to the 2009 rules. What this means, is that there will be a 45% top tax […]
Follow The President recently released his proposals for the 2014 budget. To read the entire proposal click here. These proposals include several that will affect estate, gift and generation-skipping. (GST) One would return the estate, gift and GST tax regimes to...Are You Swapping Emails with Your Accountant to Cheat on Your Taxes?
Did you know that the IRS could be reading emails you’ve written to your accountant that discuss how to avoid paying taxes? The American Civil Liberties Union has filed a request to find out if the IRS is reading your emails without a warrant. The IRS has yet to disclose whether or not it […]
Follow Did you know that the IRS could be reading emails you’ve written to your accountant that discuss how to avoid paying taxes? The American Civil Liberties Union has filed a request to find out if the IRS is reading your emails without a warrant. The...