SIMPLIFY TAX INFORMATION REPORTING (v. 2)

We invite you to cosponsor the Information Reporting Simplification Act of 2015, a bill which provides a safe harbor for de minimis errors made on information returns and payee statements (e.g. Forms W-2 and 1099).

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Support Tax Relief for Our Grandparents – Cosponsor Request

A recently published article in Forbes magazine entitled “Grandparents Raising Grandkids: Money Squeeze” highlights the economic plight facing grandparents who are raising their children’s children. This is the very reason is why I introduced H.R. 3475, the Grandparents Tax Credit Act of 2015

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Help Our Children Save for College

From: The Honorable Ruben Hinojosa Sent By: roberto.haddad@mail.house.gov Bill: H.R. 1377 Date: 8/27/2015 Help Our Children Start Saving Today for a Brighter Future Tomorrow Co-sponsor a Bi-partisan, budget-neutral way to expand savings opportunities for our children   Dear Colleague: As more Americans nearing retirement age face the prospect of deep financial insecurity in their later […]

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Tell Leadership: Internet Sales Tax Must be Considered on Own Merits

As you may know, outgoing Senate Majority Leader Harry Reid has said he will do “whatever it takes” to jam through a prominent internet sales tax bill over the next few weeks. Speaker Boehner, in sharp contrast, has voiced concerns with this proposal and indicated that the issue should undergo additional scrutiny in the next Congress.

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IRS’s Fiscal Years 2014 and 2013 Financial Statements

In GAO’s opinion, the Internal Revenue Service’s (IRS) fiscal years 2014 and 2013 financial statements are fairly presented in all material respects. However, in GAO’s opinion, IRS did not maintain effective internal control over financial reporting as of September 30, 2014, because of a continuing material weakness in internal control over unpaid tax assessments. GAO’s […]

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