tax Archive

TweetShareSharePin0 Shares Details slowly emerge on the Democrats’ budget plan. Senate Democratic leaders agreed to a $3.5 trillion top line for the budget that would carry a broad range of social programs. President Biden pitched the plan on Capitol Hill yesterday. Bernie Sanders helped draft it and centrist Joe Manchin says he’s willing to consider

TweetShareSharePin0 Shares Today, Senate Majority Leader Chuck Schumer (D), Senate Finance Committee Chairman Ron Wyden (D), and Sen. Cory Booker (D) released their discussion draft—the Cannabis Administration and Opportunity Act—for federal descheduling of marijuana. While federal descheduling impacts all states, it does not deschedule marijuana in states which choose to keep their own ban. Nevertheless,

TweetShareSharePin0 Shares Sen. Manchin on infrastructure: Everything should be paid for. The West Virginia Democrat told reporters that “we’ve put enough free money out.” He won’t publicly  commit to a top line number for an “inevitable” Democratic-only bill to complement a traditional infrastructure-only measure but said he’d vote for something between $1 trillion and $2

TweetShareSharePin0 Shares Dean v US involves a motion to dismiss a taxpayer’s suit alleging that the IRS recklessly disregarded the law by continuing to levy on a taxpayer’s Social Security payments beyond the ten year SOL on collections.  The magistrate concluded that the IRS’s actions were not improper and recommended that the case be dismissed. The

TweetShareSharePin0 Shares Welcome to our Spanish language podcast and radio programme  Justicia ImPositiva with Marcelo Justo and Marta Nuñez, free to download and broadcast on radio networks across Latin America and Spain. ¡Bienvenidos y bienvenidas a nuestro podcast y programa radiofónico! Escuche por su app de podcast favorita. En este programa: Semanas cruciales para el nuevo impuesto

TweetShareSharePin0 Shares If you want to know why a wealth tax would be an administrative nightmare, take a look at the dispute over the estate of pop star Michael Jackson, which recently was resolved in federal tax court–12 years after his death and following eight years of litigation that made Jarndyce v. Jarndyce look like

TweetShareSharePin0 Shares Whether to celebrate July 4, remind people to stock up on emergency supplies, or entice back-to-school shoppers, sales tax holidays are perennially popular. Yet they often fail at their main objective – making products more affordable – and they can turn sales tax administration into a time-consuming mess. This post will focus on