Tax Law 
U.S. Senate Democrats Said to Drop Estate Tax Provision – Bloomberg
Under current law, the estate tax has a $5.12 million per- person exclusion and a 35 percent top rate. The earlier version of the Democratic plan included a $3.5 million per-person exclusion and a 45 percent top rate, the same … Continue reading
Darrell Issa proposes hearing on D.C. commuter tax – Washington Post
Gandhi to the fact that the city has a limited tax base, because of the presence of the federal government and so many non-profit entities, and because so many workers in the District commute to Maryland and Virginia. The Home … Continue reading
McCain again in spotlight over Romney tax returns, Bachmann – CNN
Earlier this week McCain voted with fellow Senate Republicans to block the DISCLOSE Act, a piece of Democratic legislation … who has seen more than two years of Mitt Romney’s income tax returns. Romney, who made his own bid for … Continue reading
Most members of Congress keep their tax returns secret – Boston Herald
the president isn’t alone in having a say over the nation’s tax laws. Congress also stands to gain or lose by the very tax policies it enacts, and tax records – more than any broad financial disclosure rules now in … Continue reading
Bush Tax Cuts Expire and Marriage Penalty Returns – New Tax Tactics Released to Help Couples Compensate – YAHOO!
Phillips, attorney and CEO of LegaLees Corporation. “The Advanced Tax Tactics course walks tax payers through a dozen laws they can use to help cut their own tax bill this year and in coming years,” he explained. Under the Bush … Continue reading
Tax Professionals Scrutinize Mitt Romney’s Returns – NPR News
Law professor Ed Kleinbard of the University of Southern California … But in the meantime, the money can grow tax free. Tax Notes’ Sheppard says that’s an advantage most taxpayers don’t have. “If you happen to work for a partnership … Continue reading
Questions about the Tax Returns – DAILY KOS
Mitt’s tax returns are probably legit, even though they may skirt on the edge of tax law. The legal tax deductions and maneuvers that Mitt Romney and those of his ilk can use are boggling. We, the American people, need … Continue reading
Get Ready to Pay Sales Tax on Amazon – Yahoo Finance
Amazon instead sought to have Congress settle the issue. It is backing the Marketplace Fairness Act, which would allow states to collect sales tax from out-of-state businesses. “Amazon believes the sales tax issue needs to be resolved at the …
Senators Split More on Who Gets Tax Cuts Than on Size – Bloomberg
Also, Democrats want to continue tax credits for college tuition and low-income families that were created as part of the 2009 economic stimulus law and extended at the end of 2010. To Republicans, the Democrats’ willingness to risk expiration …
GOP accuses groups of violating tax laws – Winston-Salem Journal
The N.C. Republican Party accused liberal-leaning advocacy groups Wednesday of breaking federal tax rules, but a group leader called the complaint a phony effort to silence critics of policies of the new GOP majority in the legislature.
