U.S. Michelle Steel (R-CA) introduced last week the Permanent Tax Cuts for American Families Act (H.R. 3270), which would make the enhanced standard deduction permanent. The enhanced standard deduc...
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A group of Congress members, including U.S. Reps. Brad Sherman (D-CA) and Katie Porter (D-CA), are urging the Internal Revenue Service (IRS) to create a free, direct e-file tool for taxpayers. This...
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A group of Congressional Democrats have filed an amicus brief in the U.S. Supreme Court defending the Consumer Financial Protection Bureau (CFPB) in a court case. The brief was filed in support of ...
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U.S. Reps. Julia Brownley (D-CA) and Carol Miller (R-WV) recently introduced legislation that promotes veteran entrepreneurship by reducing barriers through reduced small business operation upfront co...
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U.S. Sen. Ron Wyden (D-OR) recently detailed a Democratic staff memorandum outlining updated findings from his ongoing investigation into pharmaceutical industry tax practices. Wyden, chairman of ...
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The U.S. Chamber of Commerce has filed a lawsuit against the Securities and Exchange Commission (SEC) to stop it from implementing a rule that disincentivizes companies from using stock buybacks. T...
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The Financial Industry Regulatory Authority (FINRA) has expelled broker-dealer SW Financial for multiple violations. The violations include making misrepresentations to customers in its sales of pr...
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The U.S. Securities and Exchange Commission (SEC) has detailed charges against two firms, alleging failures by the firms and their employees to maintain and preserve electronic communications. Acc...
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A group of U.S. Senate Republicans introduced legislation last week to recover funds lost to unemployment insurance (UI) fraud. The Protecting Taxpayers and Victims of Unemployment Fraud Act seeks ...
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The Mortgage Bankers Association (MBA) projects total commercial and multifamily mortgage borrowing and lending will decline to $654 billion this year, representing a 20 percent decrease ($816 billion...
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