Greetings!
Important developments are unfolding in the tax world, and now, you're the first to know! Just take a look:
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Bill Would Equalize Tax Treatment for Domestic Partners in Health Plans
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Bipartisan legislation has been introduced that aims to bring parity and equal treatment under the Tax Code for health plan beneficiaries who are domestic partners and non-spouse dependents. Under the existing tax laws, companies and their employees need to pay higher federal taxes for health care benefits that are provided to domestic partners and non-spouse dependents. The new bill would correct this tax disparity. Click here to read more...
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IRS Announces "Good Faith" Extension of Voluntary Disclosure Deadline
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 The IRS said on Thursday that it is making available to taxpayers a 90-day deadline extension to participate in the 2011 offshore voluntary disclosure initiative (OVDI). The extension would be available to taxpayers who have made a good faith attempt to fully comply by Aug. 31, but are unable to submit a complete package. Click here to read more..... |