SAN FRANCISCO – Senate Finance Committee Chairman Max Baucus (D-Mont.) and House Ways and Means Committee Chairman Dave Camp (R-Mich.) visited the Silicon Valley area today as part of their nationwide tour to make the tax code simpler and fairer for individuals and job creators.  The tax-writing chairmen visited two high-tech sector businesses: Square, a San… Read more

A recent Gallup poll detailing congressional approval ratings suggests that one reason ratings remain low is our divided government, with Republicans controlling the House and Democrats controlling the Senate. Yet, what is not reflected in that data is another historical fact unnoticed by most – it was a divided government that, in 1986, last passed and enacted tax reform. Today, we’re… Read more

  Another day, another report of ObamaCare forcing small businesses across the country to cut employees' hours, curtail hiring or reduce wages – all while almost 12 million Americans are still struggling to find work.  The report below from NBC News adds to the growing list of evidence that employers are preparing… Read more

Washington, DC -  In a letter sent to the Government Accountability Office (GAO), Ways and Means Oversight Subcommittee Chairman Charles Boustany Jr., M.D. (R-LA) asked that GAO assess how the Internal Revenue Service (IRS) examines tax-exempt organizations.  Following revelations that the IRS was subjecting conservative groups applying for tax-exempt status to… Read more

In the more than three years since signing ObamaCare into law, President Obama has unilaterally granted waivers, special deals and delays to unions, big business and now insurance companies.  In just the past week, the Administration has delayed the limit on out-of-pocket costs because the insurance industry, "asked for more time to comply.”  This is just one more in what is a… Read more

Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) and Oversight Subcommittee Chairman Charles Boustany Jr., M.D. (R-LA) called on Internal Revenue Service (IRS) Acting Commissioner Daniel Werfel to immediately cease the IRS’s apparent continued practice of targeting Tea Party applications based on name alone. As part of its investigation into… Read more

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UPDATED: NOTE TIME CHANGE TO 3:45PM FOR SQUARE, INC. VISIT  Washington - Today, House Ways and Means Committee Chairman Dave Camp (R-MI) and Senate Finance Committee Chairman Max Baucus (D-MT) announced that on Monday, August 19 and Tuesday, August 20 they will visit two separate technology companies in San Francisco and the Silicon Valley area.  The West Coast… Read more

Just three months ago, Lois G. Lerner, a senior official in the IRS’s tax-exempt organizations division, publicly admitted that the agency targeted taxpayers because of their political beliefs. Until that point, despite years of inquiries from Congress, the IRS had continued to deny that it was targeting taxpayers, even though officials had long known about the conduct. With the truth… Read more

A new tax study released today by the National Federation of Independent Business (NFIB) and the S Corporation Association reinforces the need for tax reform that makes the tax code simpler and fairer.  The study, authored by Quantria Strategies, provides a detailed look at the effect that the tax system has on businesses – in particular those organized as pass-throughs that pay… Read more