Archive | Washington Hotline

Washington Hotline – May 30, 2017

WASHINGTON NEWS House Committee Discussion on Tax Reform On May 23, the House Ways and Means Committee held a hearing on potential comprehensive tax reform. The hearing was titled, “Increasing U.S. Competitiveness and Preventing American Jobs from Moving Overseas.” Chairman Kevin Brady (R-TX) opened the hearing. He highlighted a bipartisan hope by noting, “Today, we […]

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Washington Hotline – May 23, 2017

WASHINGTON NEWS 46% Reduction in IRS Identity Theft Reports On May 18, IRS Commissioner John Koskinen spoke to the Council for Electronic Revenue Communication Advancement (CERCA). He called the 2017 filing season “the smoothest filing season since I became Commissioner.” By May of 2017, the IRS received 139 million returns. Over 152 million are expected […]

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Washington Hotline – May 16, 2017

WASHINGTON NEWS Protecting Your Financial and Tax Records As the summer season approaches, the IRS published IR-2017-98 with suggestions for safeguarding your tax and financial records. Summer is often the peak season for hurricanes, tornadoes, floods and other natural disasters. Disaster Plans – Both businesses and individuals should have a disaster plan. It is helpful […]

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