Tax Legislation & Proposals

Tax legislation after the election. While there are some votes still being counted there is enough certainty to provide at least an early bird take on taxes--in both the lame duck session and in the new Congress. That said, with control of the Sen... Read More

Advisory committee releases annual report. The Electronic Advisory Committee released its annual report to Congress, featuring recommendations that focus on the prevention of identity theft and refund fraud. The ETAAC is a public forum whose membe... Read More

Texas billionaire biggest tax fraud case. Robert Brockman was so concerned that the IRS would catch him, that he had his offshore money man travel to the states, to destroy paper evidence and electronic media, using shedders and hammers. Eventuall... Read More

Families first coronavirus response act. As businesses reopen and employees return to work, we have seen an increase of the coronavirus affecting more employers. The FFCRA mandates paid sick leave and family leave for businesses with 500 employees... Read More

Tax reform fact sheet. In looking at tax reform, the White House has proposed radical changes to the tax code which include both individual and business tax reform. This proposal would eliminate the estate tax and the alternative minimum tax. Corp... Read More

Families first coronavirus response act two. As our economy opens up, businesses reopening and interactions with others increase, there is relief for employees who may be impacted by the coronavirus. The following benefits are mandated by the FFCR... Read More

Surprise tax break in new relief bill. The coronavirus pandemic has brought the global economy to its knees, and lawmakers in Washington are pulling out all the stops to find ways to support hard hit Americans. Even after three rounds of legislati... Read More

One proposal to curb virus impact. While the country grows more concerned about the spread of the coronavirus and more impatient about the government's handling of the problem most apparent in its slowness in making COVD-19 testing kits widely ava... Read More

Year end bill has tax provisions. The federal government spending bill passed by Congress repeals three health care taxes that were originally enacted as part of 2010 health care reform legislation, makes many changes to retirement plan rules, ext... Read More

Setting communities up for the secure act. In December of 2019, the House of Representatives and the Senate passed the Secure Act, which was subsequently sent to President Trump for signature. The final bill was signed on December 20, 2019 which i... Read More