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TAX LAW NEWS - TAX LITIGATION
From the monthly archives:
On Monday, President Obama signed into law HR 5297, the Small Business Jobs Act of 2010. The law includes a series of temporary tax deductions for businesses of all sizes. The bill also includes provisions, which the government hopes will offset some of the costs of the bill. The following is a summary of certain [...]
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September 18, 2010 – A new law that will have profound implications for millions of employees just passed the Senate Thursday. Details were not available until yesterday. The House must vote on the bill and the president must sign the bill before it becomes law, but the House vote and the president signing are considered [...]
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The Obama administration has decided to pull back its nominee to head the Justice Department’s Tax Division, a White House official confirmed Wednesday.
Mary L. Smith’s nomination, first announced in April 2009, has languished for nearly a year due to concerns about whether she had sufficient expertise in tax law for the job.
Smith, who had been [...]
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WASHINGTON — With a war chest rivaling that of the Republican Party itself, the U.S. Chamber of Commerce has emerged in the last year as perhaps the Obama administration’s most-well-financed rival on signature policy debates like health care and financial regulation.
Critics on the left have long complained about the chamber’s outsize influence. But now they [...]
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President Obama today plans to propose $30 billion in new investment tax breaks for businesses to go along with tens of billions in spending he called for on Labor Day to invigorate the slow recovery.
At the heart of Obama’s plan: accelerating write-offs of investments in plants and equipment and expanding a tax credit for research [...]
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What’s the difference between preparing and manufacturing something? For Missouri restaurants, the difference amounts to tens of thousands of dollars.
The Missouri Supreme Court ruled Tuesday that restaurants cannot claim a tax exemption for the purchase of tables, chairs, plates and kitchen equipment.
The decision hinged on a determination that restaurants prepare – not manufacture – food [...]
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