Tax Law 
Obama calls for extending most tax cuts, setting up election year fight – MSNBC Firstread
though the president sought to decouple the middle class tax cuts from the high-end breaks. Obama urged lawmakers to act now to extend most of the expiring tax cuts, and have a second debate – likely to be decided in … Continue reading
Democrats accuse conservative political groups of exploiting tax-exempt status – YAHOO!
They operate as “social welfare” groups under section 501(c)4 of the tax code, which prohibits them from making … they have violated and continue to violate the Federal Election Campaign Act. Accordingly, Complainant Democratic Senatorial Campaign …
BizBuzz: Internet sales tax getting Congressional looks – Jackson Clarion-Ledger
Mississippi College School of Law Dean Jim Rosenblatt penned a good column on the Internet sales tax issue that could have wide impact on retailers and consumers. The gist is this. The law says that if a store has a … Continue reading
Obama: Extend tax cuts for those who make less than $250,000 a year – Chicago Sun-Times
‘‘The best way to figure out if Mitt Romney is complying with American tax law is to have him release more of his tax returns.” There is no indication Romney has not paid all the taxes he might owe. Louisiana … Continue reading
Democrats go after conservative political groups for exploiting tax-exempt status – ABC News
They operate as “social welfare” groups under section 501(c)4 of the tax code, which prohibits them from making … they have violated and continue to violate the Federal Election Campaign Act. Accordingly, Complainant Democratic Senatorial …
Obama Poised for New Fight With G.O.P. Over Tax Cuts – New York Times
hoping to energize their base even though they know that the campaign to abolish the law, which the Supreme Court upheld, stands no chance in the Democratic-led Senate. Republicans also renewed their call for an overhaul of the tax code.
Fraud: CNN Airs False Accusation That Romney Broke Tax Laws – Big Hollywood
CNN went into full anti-Romney attack mode this morning, with a false report about an anti-Koch brothers protest at a fundraiser for Mitt Romney and endless discussion of Romney’s personal finances, in keeping with the Obama campaign’s …
Why Obama wants to keep Bush tax cuts for another year – The Christian Science Monitor
His Republican challenger, Mitt Romney, has suggested Congress wait to act until January, when he hopes to take office. The tax cuts enacted by Obama’s Republican predecessor, George W. Bush, will expire on Jan. 1 without congressional action …
Could IRS police both taxes and health care law? – WRAL
The question is being renewed in the wake of the Supreme Court’s decision upholding most of the 2010 Affordable Care Act as a tax issue rather than one of interstate commerce. Nearly 2½ years before taxpayers will have to start … Continue reading
Survey: Sandwich Generation Unaware of IRS Tax Laws When Gifting or Lending Money to Others – Investors Business Daily
BOSTON, MA–(Marketwire – Jul 9, 2012) – As generous Baby Boomers continue to provide financial support to family members during the current financial crisis, many are unaware of the complex tax laws regulating such transactions, according to the results …
