Republicans File Suit Against Administration Over ACA
House Republicans have filed the often talked about lawsuit against the administration over its handling of the Affordable Care Act's implementation, according to CNBC.read more
View ArticleCongress Agrees to $1.1 Trillion Spending Bill
With only weeks before the end of the year, Congress has come to a deal on a spending bill that keeps the government funded through next September, at the cost of $1.1 trillion, said the Washington...
View ArticleCongress Passes Tax Break Package
The Senate passed a $41.6 billion package of tax breaks on Tuesday, making the legislation’s next stop President Obama, according to The Hill. If signed by the president, the measure will extend more...
View ArticleCongressman Introduces Paycheck Bonus Tax Credit Legislation
Congressman Chris Van Hollen (D-Md.) is proposing legislation that would provide a “Paycheck Bonus TaxCredit” of $1,000 a year for every worker, according to Accounting Today. read more
View ArticleState Department Raises Citizenship Renunciation Fee 422 Percent
With the demand of American expatriations showing no signs of slowing, the State Department has raised the fee for expatriation from $450 to $2,350, more than 20 times the average in other high-income...
View ArticleAICPA Recommends Tax Reforms to Paul Ryan
The AICPA has sent a letter to the new chairman of the tax-writing House Ways and Means Committee, Rep. Paul Ryan (R-WI), detailing various tax reform concerns, according to Accounting Today.read more
View ArticlePresident to Propose Loads of New Tax Measures in SOTU Address
President Obama plans to propose many new tax measures during his state of the union address tonight aimed at funding additional aid to lower and middle class people, according to CNN Money. While the...
View ArticleHealthCare.gov Site Sends Wrong Tax Info to 800,000
If you signed up for insurance through the HealthCare.gov website, you may be one of about 800,000 people who received incorrect tax information from the federal government and so were told to hold...
View ArticleSCOTUS: Fishy Finances Not the Same As Actual Fish
While any number of interesting metaphors can be made comparing marine life to a public company's financial information, the Supreme Court of the United States decided in a 5-4 ruling that the federal...
View ArticleGAO: Fed. Govt. Made $125B in Improper Payments
A new report from the Government Accountability Office urged the federal government to please be more careful with its money, as it calculated that, over the past year, it has paid out about $125...
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