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Has There Been Any Legislation Presented To Change The Tax Code In Order To Eliminate The Marriage Penalty?
User Photo Gerald Nordland
Tax Professional Level: Tax Enthusiast

The marriage penalty was eliminated by the EGTRRA tax law in 2001 but persists as a constant 'issue.' For most people it is a non-issue. If both you and your spouse are high earners and the total of your incomes...   Read More
Can Someone Please Provide A Legislative Update From The Hill In Connection To "S Corporation" Built-in Gains Tax-holding Periods?...
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

On Thursday, June 12th the House passed, by a vote of 263 to 155, H.R. 4453 entitled the "S Corporation Permanent Tax Relief Act of 2014" making permanent the shortening of the built-in gains tax holding period for...   Read More

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