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Poker winnings and taxes; the costs of valuation mistakes; and other highlights from our favorite tax bloggers.
July 27 -
The Internal Revenue Service has been doing a better job of processing and reviewing claims for Small Business Health Care Tax Credits, according to a new report, though the number of small businesses claiming the Obamacare credit has declined precipitously.
July 27 -
Senate Republicans might eliminate just a few pieces of the landmark health-care law.
July 27 -
The Senate rejected a simple repeal of Obamacare on Wednesday, still in the early stages of an unpredictable floor debate on health care amid significant doubts that Republicans can muster the 50 votes needed to pass any kind of bill.
July 26 -
Senate Republicans have embarked on an unpredictable and potentially chaotic floor debate aimed at repealing Obamacare amid significant doubts that they can muster 50 votes to pass any kind of health bill.
July 26 -
The Senate bill reduces the deficit by $420 billion, the CBO said, compared with the $321 billion in deficit reduction in an earlier version, giving Republican leaders additional money they can use to court holdout votes. Much of the increased funding comes from a decision to no longer cut taxes on the wealthy.
July 20 -
Senate Majority Leader Mitch McConnell’s new proposal to simply repeal Obamacare appears to be dead less than 24 hours after he dropped his replacement plan for lack of support among fellow Republicans.
July 18 -
ID theft keeps on rolling; will Trump prune the IRC?; the accountant of 2022; and other highlights from our favorite tax bloggers.
July 18 -
The Republican effort to repeal and replace Obamacare appears dead in the water -- but some experts are suggesting that this may not be the end.
July 18 -
The latest draft would leave intact Obamacare tax increases on the wealthy.
July 17