Senate Republicans Propose Repeal of ACA Taxes
CCH Tax Day Report Taxes imposed by the Patient Protection and Affordable Care Act (ACA) (P.L. 111-148) would be repealed within the larger repeal-and-replace discussion…
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IRS Supports Tax Reform that Simplifies Tax Code, Koskinen Says
CCH Tax Day Report IRS Commissioner John Koskinen spoke on June 21 at the 7th Annual IRS-Tax Policy Center Joint Research Conference on Tax Administration…
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IRS Now Accepting Renewal Applications for ITINs Expiring in 2017 (IR-2017-109)
CCH Tax Day Report The IRS is now accepting renewal applications for Individual Taxpayer Identification Numbers (ITINs) that are expiring at the end of 2017.…
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Senate ACA Repeal, Replace Discussion Draft to Be Unveiled on Thursday
CCH Tax Day Report Senate Republicans are expected to unveil their version of a Patient Protection and Affordable Care Act (ACA) (P.L. 111-148) repeal and…
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House Approves Bipartisan Nuclear Tax Credit Bill
CCH Tax Day Report The House approved a bipartisan nuclear production tax credit bill on June 20 by voice vote. HR 1551 was approved by…
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Tax Reform in 2017, Ryan Says; Where Is the Plan, Democrats Ask
CCH Tax Day Report House Speaker Paul Ryan, R-Wis., delivered what he called his “first major speech on tax reform” at the National Association of…
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Tax Court Had Jurisdiction over CDP Determination Regarding Accuracy-Related Penalty (McNeill, TC)
CCH Tax Day Report In a case of first impression, the Tax Court determined that it has jurisdiction to review a Collection Due Process (CDP)…
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Democrat Senators Protest GOP ACA Repeal, Replace Bill
CCH Tax Day Report Senate Minority Leader Charles E. Schumer, D-N.Y., announced on June 19 Democrat senators’ intent to hold the floor late into Monday…
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Weekly Report from Washington, D.C.
CCH Tax Day Report Lawmakers discussed small business tax reform. The IRS released guidance for partnerships and warned taxpayers about a new phone scam. Congress…
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Applicable Federal Rates for July 2017 Released (Rev. Rul. 2017-14)
CCH Tax Day Report Various prescribed rates for federal income tax purposes for July 2017 have been provided by the IRS. The annual short-term, mid-term…
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