Senate Repeals Oppressive 1099 Law, Linda Beale Calls it a Conspiracy

Joe Kristan reports that the United State’s Senate voted to repeal the new 1099 law yesterday: The Senate yesterday voted to repeal the expansion of information reportingcontained in last year’s Obamacare legislation. It’s looking more…

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New 1099 Reporting Rules Given Last Rites?

Catherine Clifford of CNNMoney reports of the imminent death of the new 1099 reporting requirements included in Obamacare: On Thursday, three Senate Democrats wrote to House Speaker John Boehner urging the House to vote to repeal…

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2011 Payroll Tax Relief

One of the more talked about provisions of the tax bill signed into law yesterday by President Obama is the temporary payroll tax reduction. WebCPA reports that the IRS has already issued guidance on the relief measure: Millions…

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Brookings Institute: State and Federal Unemployment Taxes are Regressive so Let’s Raise Them

Two weeks ago in a roundtable talk sponsored by The National Academy of Social Insurance Gary Burtless of the Brookings Institute said the unemployment payroll tax is a scandalously regressive tax on workers. He’s right, except for one tiny problem: The unemployment…

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TIGTA Wants IRS to Crack Down on Worker Misclassification

WebCPA reports that the Treasury Inspector General for Tax Administration says that weaknesses in the IRS’s employment tax compliance program could cost the U.S. Treasury more than$130 million in Social Security and Medicare taxes over the next…

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