Obama Signs Small Business Bill That Includes $30 Billion Lending Fund

President Obama signed a small business bill Sept. 27 that enables small businesses to take advantage of new and extended tax incentives, including an extension of…

Carried Interest Tax Increase, S Corporation Curbs Softened in New Tax Extenders Proposal by Senate Finance Panel Chair Baucus

Senate Finance Committee Chairman Max Baucus (D-Mont.) June 16 introduced a new substitute amendment (S. Amdt. 4369) to the tax extenders bill (H.R. 4213) that would…

Tax Extenders Bill Seen Raising $11 Billion from Rules on Self-Employment Taxes

Congress’s proposed changes to the treatment of self-employment taxes on professional service providers are expected to raise $11.2 billion in new revenues for the federal government to help pay for…

Final Details Being Hashed out on Tax Extenders Bill, House Lawmakers Say

House Ways and Means Committee Chairman Sander Levin (D-Mich.) shortened the time frame for consideration of a final tax extenders measure (H.R. 4213), telling reporters May 6 that it will be on the floor within…

BNA INSIGHTS: Provisions of Interest to Employers in New Health Care Reform Law

President Obama signed the Patient Protection and Affordable Care Act (Pub. L. No. 111-148) into law March 23 and signed the Health Care and Education Reconciliation Act of 2010…

IRS Releases New HIRE Act Form W-11 Affidavit for Employees

Form W-11, the Hiring Incentives to Restore Employment (HIRE) Act Employee Affidavit, was released April 7 by the Internal Revenue Service.

Obama Signs Measure Creating $13 Billion in Tax Breaks for Businesses Hiring Workers

President Obama signed the HIRE Act (Pub. L. No. 111-92) into law March 18, creating tax breaks for businesses hiring new workers and extending higher expensing limits for small businesses that…

Senate Clears $13 Billion in Tax Incentives for Job Creation for President’s Signature

The Senate March 17 voted 68-29 to pass $13 billion in tax breaks for hiring new workers, an expansion of incentives for financing construction activity, and…

Employers Urged to Act Quickly to Claim Expected Tax Benefits for New Workers

Employers should take swift action in claiming tax incentives for hiring and retaining new workers under major new jobs legislation…

Senate Moves to Codify Economic Substance Doctrine in Passing One-Year Extension of Tax Breaks

The Senate March 10 passed, 62-36, a one-year extension of $31 billion in popular tax breaks, while permanently codifying the economic substance doctrine and…

Next Page »