White House Report Says Cap-and-Trade Key to Emissions Cuts, Clean Energy Growth

Congressional passage of cap-and-trade legislation remains crucial to Obama administration efforts to cut U.S. greenhouse gas emissions and to steer the economy…

12 House Republicans, 17 Organizations Challenge EPA Greenhouse Gas Emissions Endangerment Finding in Court

Twelve House Republicans and 17 associations and companies filed a lawsuit in federal appeals court Feb. 10 challenging the Environmental Protection Agency’s finding that greenhouse gas…

Obama’s Economic Report Focuses on Tax Changes Necessary for Budget in Long Term

President Obama used his first Economic Report of the President to stress the importance of restoring balance in the tax code as part of a larger effort to address the nation’s long-term fiscal challenges…

Enactment of Administration’s International Tax Proposals Uncertain, KPMG Practitioners Say

Enactment of President Obama’s broad-ranging package of international tax proposals remains far from certain as Congress deals with a crowded agenda in an election year…

Senate Finance Committee Leaders Unveil Draft Jobs Bill with Extenders, Payroll Tax Exemption

The draft Senate jobs legislation Finance Committee leaders unveiled Feb. 11 would extend a number of tax code provisions expired as of Dec. 31, 2009, and includes other tax provisions that in part would allow for…

ANALYSIS: Mandatory Combined Reporting a Challenge for State Taxpayers

A number of states have flirted with enacting combined reporting over the last two years for multinational businesses engaging in a unitary business. The most consistent reason states…