A new Tax Policy Center “dynamic analysis” of the Big Six’s “Unified Framework” tax plan finds it would fail to achieve President Trump’s promise of…
Source: Tax Policy Center – The Big Six Tax Outline Would Lose .4 Trillion Over 10 Years, According To TPC’s New Dynamic Score
US lobby group Americans For Tax Reform has raised the issue of capital gains tax, an area not covered by the Republicans’ proposed Tax Plan, warning that a tax on carried interest could stifle economic growth.
Source: IRS Tax News – Tax-News.com: ATR Warns Against US Carried Interest Tax Increase
The Internal Revenue Service has announced annual inflation adjustments for 2018 covering over 50 tax provisions, including tax rate schedules, for use on tax returns filed in 2019.
Source: IRS Tax News – Tax-News.com: IRS Confirms Inflation Adjustments For 2018
The United States Internal Revenue Service has reminded tax return preparers that they must renew their Preparer Tax Identification Numbers for 2018.
Source: IRS Tax News – Tax-News.com: US IRS Reminds Tax Preparers To Renew PTIN
President Trump has named Assistant Treasury Secretary for Tax Policy David Kautter as acting commissioner of the IRS. He’d serve in both posts until a…
Source: Tax Policy Center – Kautter Is The Wrong Choice As Acting IRS Commissioner