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Closely Held Businesses are the topic of discussion today before the House Ways and Means Committee
The House Committee of Ways and Means have begun a hearing on the taxation of closely held businesses. Today’s hearing will examine the current corporate and individual tax structure and its impact on closely-held
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US Business Leaders: Early Tax Reform Unlikely
Nearly half of America’s senior business executives don’t expect any real progress on corporate tax reform overall until after the 2012 Presidential election, according to a new survey by KPMG’s Tax Governance Institute (TGI).
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Romney Tax Plan Introduced
A day after President Obama released his plan to reform corporate tax, Republican nominee Mitt Romney introduced his tax plan for American. The first step in Romney’s tax plan is to reduce the marginal
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Obama’s Proposal for International Corporate Tax Reform
President Obama and the Department of Treasury released the President’s Framework for Business Tax Reform that proposes companies pay a minimum tax on overseas profits and the elimination of deductions related to moving productions
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Tax Analysis of President Obama’s 2013 Budget
Today President Obama released the Fiscal Year 2013 Budget with many proposed tax code changes to make sure “everyone gets a fair shot, everyone does their fair share, and everyone plays by the same
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Senator Enzi Introduces International Tax Reform Bill
On February 9, 2012, Senator Michael Enzi, introduced the United States Job Creation and International Tax Reform Act of 2012. Similar to the theme of President Obama’s State of the Union Address, Senator Enzi,
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