Both the new Congress and the new administration have stated their deep commitment to enacting meaningful tax reform in 2017.  We recognize this will not be easy, nor will it happen without significant compromises on all sides. We also recognize that agreeing on a process of reform may be as challenging as the actual reform…

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October is National Cybersecurity Month with good reason. Over the past few years, cybersecurity threats have continued to escalate. No longer just the domain of isolated hackers, large-scale cybersecurity attacks can be perpetrated by domestic criminal and hostile international agents alike. Just last week, a widespread distributed denial of service attack disrupted major websites across…

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Small businesses drive our economy. And earlier this month, the country celebrated National Small Business Week, recognizing the 28 million small companies that create opportunities for millions of Americans through employment and innovation. Their economic contributions are well known – small businesses create two out of every three new jobs annually and generate income for…

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With the April 18 tax filing deadline just hours away, you might assume that the very wealthy and those with diverse investment portfolios are likely to have the most complicated tax returns. And that those with smaller incomes and a more straightforward financial situation have a pretty simple time of it. But in many cases,…

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Complex Families and Complex Taxes: How Has Growing Complexity in Families Made the Tax Filing Process More Complicated

A expert panel discusses new research highlighting changes in the family and how this makes tax filing more complicated. Read the full report from the Urban-Brookings Tax Policy Center: Increasing Family Complexity and Volatility: The Difficulty In Determining Child Tax Benefits Hosted by The Tax Policy Center; Urban Institute – Brookings Institution General Support Provided By Intuit…

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For years, pundits, elected officials and the business community have called for corporate tax reform to strengthen our economy. There is a strong consensus that better tax policies are needed to encourage economic growth, create more jobs and make the United States more competitive in the world. We agree, but the discussion shouldn’t stop there….

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Wouldn’t it be great if low- and moderate-income families could file their tax returns at no cost? They can. It began back in 2002, when the then-Commissioner of the IRS Charles Rossotti formed a public-private partnership with the technology industry to create IRS Free File. The common goal of this alliance: to help reduce the…

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Marty Sullivan, Chief Economist at Tax Analysts, on the sharing economy.

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