Officials with the IRS and the Department of Justice (DOJ) recently announced that criminal investigations will increasingly focus on employment tax. As part of the Tax Increase Prevention Act of 2014, the IRS established a voluntary certification program for professional employer organizations (PEO). Many wonder whether the IRS’ increased focus on employment tax will give

King v. Burwell The Supreme Court recently heard oral arguments in King v. Burwell. Along with the same sex marriage case, this is the most important case the court will decide this year. Depending on the outcome, the court could change the future course of Obamacare. To quickly review the legal issues, section 36B of

This IRS Notice provides information regarding limited penalty relief for taxpayers who received a Form 1095-A Health Insurance Marketplace Statement that was incorrect or delayed and who timely filed their 2014 income tax return, including extensions. This relief applies only for the 2014 taxable year. On February 20, 2015, the Centers for Medicare and Medicaid

Here in Washington, D.C. there has not been any significant action by Congress regarding renewing tax extenders or actual steps toward tax reform. The Senate Finance Committee has focused its attention on bipartisan “Working Groups” to seek feedback and input from stakeholders in how to best reform the federal tax code, and this month the

Senators Ron Wyden (D-OR) and John Hoeven (R-ND) recently introduced a bill designed to increase infrastructure investment through the expansion of private activity bonds and the creation of a new infrastructure tax credit. The Move America Act of 2015 would grant states the authority to raise up to $180 million in tax exempt bonds and

Judge Michael Talbot, Chief Judge of the Michigan Court of Claims, recently dismissed 22 cases involving Michigan single business tax (SBT) refund claims under the Multistate Tax Compact (MTC). EMCO Enterprises Inc. v. Dep’t of Treasury, Case No. 12-000152-MT. The plaintiffs sought to reduce their SBT liability by electing to apportion corporate income using the

On the heels of Senator Marco Rubio’s (R-FL) April 13th presidential announcement, critics have begun to scrutinize both Rubio’s and Jeb Bush’s records and plans to reform the tax code. While both are considered frontrunners to win the Republican nomination for the 2016 presidential race, they differ significantly on their tax policy positions. Even with