Legislation
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‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
IRS Boosts Hiring for Taxpayer Assistance Centers
The agency has increased staffing at its TACs by 31% during FY 2023 thanks to funding from the Inflation Reduction Act.
So Far, the IRS Has Spent 2.5% of Its Inflation Reduction Act Money
As of June 30, the agency has spent approximately $1.95 billion of the nearly $80 billion it will receive over a 10-year period.
More People Are Paying the Net Investment Income Surtax These Days
The number of returns reporting the surtax has more than doubled and revenue from the tax has grown by $38 billion over the past decade.
IRS Issues Table for Calculating Premium Tax Credit for 2024
The IRS on Aug. 23 announced 2024 indexing adjustments for important percentages under the Affordable Care Act.
House Ways and Means Passes Bill on Easing ACA Reporting Requirements
The Employer Reporting Improvement Act would make it easier for businesses to comply with the Affordable Care Act.
Bipartisan Bill in Ohio Would Legalize Recreational Marijuana
The Regulate Marijuana Like Alcohol coalition is gathering signatures across the state in hopes of qualifying for the November ballot. Ohio already has a medical marijuana program.
Hard Times for Colorado Weed Industry
Colorado’s cannabis entrepreneurs face a perfect storm of problems: too much supply, not enough demand, plunging prices, heightened competition in other states and ...
Minnesota Likely to Legalize Recreational Marijuana
The Minnesota Senate cast its first-ever vote to legalize recreational marijuana on Friday, pushing the proposal closer to becoming law than ever before.