A prominent Senator suggested Tuesday that the 1099 repeal effort is still going strong in the Senate, and it could be included in a larger tax bill this month.
Posts Tagged: Chuck Grassley
Senator Charles Schumer (D-NY) intends to add another provision to the tax extenders legislation that could further impact charities. The American Jobs, Closing Tax Loopholes, and Preventing Outsourcing Act of 2010 (H.R.4213) already includes an extension of the IRA Charitable Rollover provision until December 31, 2010. The provision allows individuals over 70 to contribute up… Read more »