Fuller Tax Blog Blog

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2011 Tax Return Statistics: Northeast Rankings of Adjusted Gross Income

In this continuation of a series of articles, we will analyze the tax return statistics of each state in the Northeast Census region to try and determine which states have the most and least affluent taxpayers per capita, as well as which states have the most and least impoverished taxpayers per capita. These statistics are based on the 2011 tax...

EXPIRE Act Hits Snag in Senate Over Amendments 0

EXPIRE Act Hits Snag in Senate Over Amendments

The Senate yesterday began legislative proceedings as expected by considering the EXPIRE Act. From there, things quickly declined. Senator Wyden (D-OR) first gave his oft-repeated plug for passage of the bill. Senator Hatch (R-UT) then called for an “open process” that would give the senators who were not part of the discussion of the EXPIRE Act during its spell in...

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Senate to Consider the EXPIRE Act of 2014

This week, the Senate will consider a bill intended to give two-year extensions to several tax benefits that either have expired at the end of tax year 2013, or that will expire at the end of tax year 2014.[1] The bill, titled the “Expiring Provisions Improvement, Reform and Efficiency Act of 2014 (the “EXPIRE Act”), essentially extends fifty-five temporary tax...

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EXPIRE Act of 2014 Highlights: Tax Provisions for Individuals

The Senate’s calendar this week will include consideration of the so-called Expiring Provisions Improvement, Reform and Efficiency Act of 2014 (the “EXPIRE Act”). The EXPIRE Act originated from the Senate Finance Committee and was championed by the Committee’s chairman, Senator Ron Wyden (D-OR). After approval by a verbal vote on April 3, 2014, this latest edition of tax extenders now...