[ad_1] Senate Finance will mark a retirement savings bill today. Chair Ron Wyden released tomorrow president’s mark And the committee will consider the measure today. The bill, called the Enhancing American Retirement Now (EARN) Act, includes several changes to the tax treatment of retirement savings and withdrawals. The House had passed a similar bill earlier […]
A Problematic Crypto Tax Break Introduced in the Senate
[ad_1] Censors Cynthia Lumis (R-WY) and Kirsten Gillibrand (D-NY) unveiled today cryptocurrency law Which seeks to provide regulatory clarity on a range of issues, including taxes. But it also comes as a surprise to those who are not following the drafting process. Simply put, their bill will create a huge tax avoidance opportunity for those […]