“You can’t expect the Speaker to turn on a dime in 24 hours and embrace everything, higher taxes, higher taxes on the wealthy, but I think privately that he’s seen the handwriting on the wall and it makes me very hopeful that we can do something big in the next month and a half. It’s a good first step,” he said. [The Hill, Earlier]
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About as well as you’d expect: I realized I forgot to file an extension for my brother’s return how is everyone else doing today — Lorilyn Wilson, CPA (@LorilynWilson) October 14, 2021 Got up yesterday at 7:30am. What time did I go to bed? I'll let you know when that happens. Yep, this tax season […]
Uh-oh, the Big 4 firms have gotten Sen. Elizabeth Warren’s dander up. The Massachusetts Democrat was appalled at a recent New York Times report that found at least 35 examples of big public accounting firm tax lawyers who left to join the US Treasury’s tax policy office or other government positions and then were rehired […]