Immediately, some began to assert that Baucus' announcement meant the end of tax reform. Pardon me if I differ, but if anything, it probably helps the tax reform effort a bit by concentrating Baucus more on it.
With the economy showing signs of recovery, it's high time that our federal lawmakers move beyond these self-induced crises and begin to talk about tax reform that can help taxpayers move forward with a clear understanding of how the tax code works and how much they owe.
Tax season can be a stressful time for anyone, but it is extremely painstaking for the small business community who must navigate through a complex, ever changing tax code.
WASHINGTON, Feb 13 (Reuters) - Jack Lew, Obama's Treasury secretary nominee, said on Wednesday that it would be challenging to lower the corporate t...
Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...
By using a loophole in the tax code, some individuals have organized their businesses in such a way that their earnings, what you and I would call "wages," can technically be called "profits" and therefore are not subject to Medicare tax.
There's no reason Congress can't work smarter instead of harder, and push through proposals that will do some real good for the majority of small businesses and their employees -- who, as consumers, are critical to our economy.
Still licking their wounds from the tax battle that featured the first tax rate increases on higher earners in 20 years, Republicans are sure to hold President Obama's feet to the fire in demanding steep budget cuts before they'll agree to raise the debt limit.
Recognition by corporations of their fair tax contribution could go a long way toward shoring up the social fabric, political climate and the financial health of our country, all currently sorely frayed.
While much of Washington is consumed by the debate over tax cuts scheduled to expire next year, a big package of tax breaks already expired this year....
There may be no better opportunity or context within which to include on the agenda a substantive and inclusive conversation about the social responsibility of corporations.
Warren Buffett has an op-ed in today's NY Times on one of his most popular themes: The rich should pay more in taxes. At first blush, his position se...
Tax policies that encourage carbon emissions range from subsidies for oil companies to mortgage interest deductions for energy-wasting McMansions, but neither Romney nor Obama has addressed it head-on.
Given limited resources, the question of how to practically and effectively support entrepreneurs is an important one. To try to better understand what business owners themselves would like, we asked them.
I love our community and am unapologetically optimistic about its future, but we cannot meet our most pressing challenges if we are constantly distracted by scandals and the pettiness of our politics.
WASHINGTON -- Sensata Technologies is a healthy manufacturing company that employs nearly 200 workers at a factory in northern Illinois. The company h...
Hundreds, perhaps thousands, of American pastors plan on challenging the Internal Revenue Service next month, endorsing specific candidates in an atte...
Up to 1.2 million tax preparers make a living navigating the labyrinth US tax code for taxpayers. We have more professional tax preparers in the Unite...
Spitzer and Matalin debate five new presidential ads -- which are telling, tasteless, true? Then, is Harry Reid a lying McCarthyite or brilliant Machiavellian on Romney's hidden taxes...and is Ryan right or merely far-right?