The Organization for Economic Cooperation and Development (OECD) is expected to produce a “unified approach” to taxing the digital economy in October. The OECD plan is reportedly focused on allocating more corporate profits to countries where multinational corporations have a large market presence. That means some countries are going to see more tax revenue under… Read more »

Senate appropriators are bogged down in partisan disputes this week as lawmakers scramble to fund the government past Sept. 30. None of the 12 annual spending bills have reached the Senate floor, and the Senate Appropriations Committee announced it will postpone a markup of its Labor-HHS-Education bill after Democrats prepared amendments to restrict a Trump… Read more »

California lawmakers approved a landmark bill Sept. 10 requiring companies to designate freelancers or independent contractors as employees. Passed by the California Senate this week, the bill would extend labor protections and employee benefits like health care, overtime and minimum wage to many workers formerly considered contractors. The measure is expected to be signed by… Read more »

The Treasury Department on Sept. 6 issued proposed rules to once again reduce donor disclosure rules for certain tax-exempt groups weeks after a federal judge vacated similar guidance because there had not been a notice and comment period. Under the proposed rules, trade associations and other 501(c) tax-exempt organizations would no longer be required to… Read more »

Travel industry leaders are pushing Congress to reauthorize Brand USA when lawmakers return from the summer recess next week. Legislation was introduced in July in both the House and Senate to reauthorize the funding mechanism for Brand USA, the public-private entity tasked with marketing the U.S. as a destination to international visitors. Without reauthorization, Brand… Read more »

The Transportation Security Administration (TSA) is ramping up a public awareness campaign about Real ID requirements that will go into effect for air travel Oct. 1, 2020. Originally passed by Congress in 2005 and postponed by the Department of Homeland Security (DHS) many times since, DHS now says it has no plans to extend the… Read more »

Lawmakers returning to Washington next week will have some hot-button issues to confront as well as several must-pass bills on the legislative agenda, including spending legislation to keep the government running past Sept. 30. Congress will have just 13 days in session to avoid a government shutdown, making a short-term continuing resolution to temporarily extend… Read more »

More than eight years after initiating an upgrade to its data loss prevention plan, the IRS still does not have all systems operational to prevent the loss of taxpayers’ personal information, according to a new report from the Treasury Inspector General’s office. The report, issued Aug. 22, said the IRS has taken some steps to… Read more »

Category: IRS

House leaders last Friday briefed their rank-and-file members on the likelihood that Congress will need to pass another short-term spending patch to keep the government running until late November or early December. In a call with House Democrats last week, House Majority Leader Steny Hoyer (D-MD) pointed out that the summer recess does not end… Read more »