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Congress and Taxes: What's On Tap
Forbes: With the April filing season finally in the rear view mirror – a time to exhale and also to catch up on what Congress is putting forward in taxes. The tax writing committees – led by Senate Finance Chairman Hatch (R-UT) and House Ways and Means Chairman Brady (R-TX) — recently marked up a number of small-ball bipartisan provisions – with an emphasis on addressing identity theft and taxpayer rights (a perennial favorite around April 15th). A detailed description of the provisions – markups were on April 28th in the House and April 20th in the Senate – can be found at www.jct.gov (see recent publications).
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