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he House on Sunday continued its haggling with the Senate over tax policy, offering up two bills to deal with the alternative minimum tax and expiring tax credits for businesses. "There comes a time when we are going to have to stand our ground," said...
Tags: House-Senate, Senate Democrats, tax credit, Congress Fails, tax breaks, minimum tax, alternative minimum, tax relief, extend tax, renewable energy
The Democratic-led House today approved a $60 billion tax package designed largely to spur investment in renewable energy, and funded in part by assessing higher taxes on oil and gas companies. But by refusing to go along with a carefully crafted Senate...
Tags: The House, House of Representatives, White House, Senate, tax breaks, alternative minimum, minimum tax, tax bills, renewable energy, tax package
Long-stalled legislation making it easier to prosecute those engaged in child pornography cleared the Senate Tuesday. The voice vote on the child pornography measure and several other bills marked a momentary truce between Sen. Tom Coburn, R-Okla., a...
Tags: Senate, House, senate passed, alternative minimum, minimum tax, tax breaks, tax package, millions taxpayers, disaster victims, popular tax
The House voted Wednesday to protect more than 20 million mostly upper-income taxpayers in danger of being slapped with a tax increase averaging $2,300 because of the alternative minimum tax. To help offset the cost, the bill more than doubles the 15...
Tags: alternative minimum, minimum tax, House
The House has voted to spare more than 20 million taxpayers from getting hit by the alternative minimum tax for another year. The legislation would save mostly upper-middle-income taxpayers exposed to the tax an average $2,300 in 2008...But the one-year...
Tags: House of Representatives, White House, alternative minimum, minimum tax, Senate, tax relief, housing passed, million taxpayers, raising tax, fund managers
YIP / The Dallas Morning News pyip@dallasnews.com As you closely scrutinize a prospective tax preparer this year, don't be surprised if he does the same with you. New rules from the Internal Revenue Service are holding tax professionals more
Tags: alternative minimum, tax preparer, minimum tax, IRS, The Internal Revenue Service, form affected