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Senate Finally Passes Retroactive Tax Extenders

Senate Finally Passes Retroactive Tax Extenders

Following a nearly week-long delay in order for Senate Democrats to push for votes on nominations, the Senate finally voted yesterday to approve the temporary, retroactive tax extenders.

Tax and Spending Bills Pending as Lame Duck Nears End

This week, the Senate is preparing to take action on a bill passed by the House that would retroactively extend a variety of currently expired tax breaks, including Section 179 expensing and a host of other business credits.

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House Moves on Extenders and Omnibus Deal

The House may vote on a bill—as soon as today—that would extend for 2014 only the so-called tax “extenders,” while an omnibus spending package is expected to hit the House floor next week.

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Busy Lame Duck Week Continues

During their brief week in session before recessing again for the Thanksgiving holiday, Congress will spend time debating the Keystone XL pipeline, consider several Environmental Protection Agency (EPA)-related bills, deal with the confirmation of judicial and ambassador nominees and finally address legislation that would overhaul the government’s surveillance authorities. On Nov. 14, the House passed […]

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NSBA President Discusses the Fair Tax with Heritage

Earlier this week, NSBA President Todd McCracken spoke at an event hosted by the Heritage Foundation on broad tax reform and the NSBA-supported Fair Tax.

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NSBA Survey: Pass Spending Bills, Extenders During Lame Duck

NSBA today released a brief survey, “Lame Duck Session Priorities” outlining small-businesses opinions on the key issues facing the remaining days of the 113th Session of Congress as well as general sentiment about Congress.

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Congress Returns with a Lengthy To-Do List

The post-election session begins on Wednesday, Nov. 12 and the current House and Senate leadership are busy assessing what they can and cannot accomplish among their hefty to-do list.

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National Discussion on the Fair Tax

On Monday, Nov. 17, NSBA President Todd McCracken will be a featured speaker at an event hosted by the Heritage Foundation on broad tax reform and the Fair Tax.

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Elections Analysis: Tax and Budget

While the incoming Republican Congress is likely to make tax reform a priority–the lame duck session has a lengthy to-do list when it comes to spending and taxes.

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Treasury Department Issues Rules on Corporate Inversions

Earlier this week, Treasury and the IRS released guidance aimed at reducing the tax benefits of corporate tax inversions, while Treasury Secretary Jacob Lew continues to urge Congress to act on this issue.

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