IRS Funding and Staffing; Possible Tax Increases in Boston
What’s to become of IRA funding of the IRS?
What’s to become of IRA funding of the IRS?
Congress agrees to fund the federal government through Dec. 20.
TPC: Those making over $430,000 get most of the benefit of a SALT cap repeal.
Former President Trump’s proposal to repeal the $10,000 cap on the state and local tax (SALT) deduction would cut 2025 taxes by an average of…
The Continuing Resolution continues to move through Congress.
Congress aims to vote on stopgap spending bill ready this week.
The fate of a government agency’s funding is always precarious—and especially so for the Internal Revenue Service, one of the most unpopular federal agencies in…
Donald Trump would exempt overtime pay from tax. Kamala Harris and Trump both agree that tips should be exempt. There are lots of tax exclusions in the tax code, but….
The bipartisan “no taxes on tips” proposal is the most prominent example of a politically attractive soundbite bumping aside sound policy.
Campaigns and political party platforms provide limited policy details. That’s by design: especially in a campaign, politicians tend to accentuate what they will do for…