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Oklahoma CPA: To improve IRS service, Congress must help

Thursday, 30 July 2015 00:14 Written by
Last month, a subcommittee of the House Appropriations Committee approved a 7.7 percent cut to the Internal Revenue Service budget, which is the lowest since 2004. I might not care so much if they punish Lois Lerner, but there is no reason to punish innocent taxpayers and tax practitioners. Invariably, whenever funds to the IRS are cut, the agency cuts services to taxpayers and tax practitioners first. Remember in November 2014, after a budget cut,…
On highway bill, more can kicking by Congress
Thursday, 30 July 2015 00:09 Written by
Sen. Jim Inhofe, R-Tulsa, chairman of the Senate Environment and Public Works Committee, has been trying since late June to get his six-year highway bill approved before Friday, when current highway funding expires and lawmakers head home for their August recess. Inhofe said this week that his bill has about as much bipartisan support as anything Congress will take up. Yet it also has unanswered questions about how it will be financed, and firm opposition…
Parliament filibuster: Congress' anger over TV 'blackout' completely misplaced
Wednesday, 29 July 2015 22:45 Written by
The Congress’ anger over Lok Sabha TV’s alleged “blackout” of their daily protests inside the Lower House of the Parliament by entering the well, displaying posters and placards, slogan-shouting and disrupting proceedings may be completely misplaced. The Congress leadership's frustration stems from the fact that despite using all forms of noisy protest on the floor of the Parliament, at least in Lok Sabha, it has failed to grab the headlines in news reporting. The occasional
Congress discussing funding for road projects throughout the country
Wednesday, 29 July 2015 21:28 Written by
Courtesy: MGN Online Wednesday, July 29, 2015 WASHINGTON, D.C. (WRDW) -- The federal funding for our local roads and bridges could be staying
Yakub Memon, Shiv Sena-BJP's new ammo to counter Congress in House
Wednesday, 29 July 2015 21:28 Written by
The treasury benches managed to be one up on the opposition over Congress legislators writing to President Pranab Mukherjee to consider the mercy petition of 1993 bomb blasts death row convict Yakub Memon. Shiv Sena and BJP MLAs even sought action against these legislators and actor Salman Khan (who had controversially tweeted over the death sentence but later retracted). In the assembly on Wednesday, Congress and NCP MLAs demanded
Congress to stick a pin in highway funding debate. What's next?
Wednesday, 29 July 2015 17:13 Written by
After a tumultuous week of debate and controversy, Congress will likely kick the transportation can down the underfunded road a little longer. The House’s passage of a three-month highway funding stopgap Wednesday put a pin in the discussion of a more permanent solution until Congress returns from its August recess. Senate leaders have signaled they will approve the House’s three-month extension to avoid shutting down infrastructure projects in progress, and the White House announced President
Statement From Andrew N. Liveris, Chairman And CEO, The Dow Chemical Company On Congress' Failure To Reauthorize The Export-Import Bank
Wednesday, 29 July 2015 16:54 Written by
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Jack Lew warns Congress over debt ceiling
Wednesday, 29 July 2015 16:49 Written by
NEW YORK (CNNMoney) - Congress has been fighting over the Iran trade deal, a highway bill and Puerto Rico's debt crisis. Trump suggests Bloomberg jealousy for low balling his wealthWalmart warns suppliers: Don't cheat our customersYou can hunt lions in Africa for $49,000Two
Puerto Rico Lacking One Voice in Congress Hurts Aid Efforts
Wednesday, 29 July 2015 16:22 Written by
Puerto Rico’s loudest advocates in Washington are having trouble persuading the U.S. Congress to listen. Even with some Democratic support to help ease the commonwealth’s debt crisis, Representative Pedro Pierluisi has little pull with Republican leaders and has muddled his message by pushing for statehood. What’s more, he and Puerto Rican Governor Alejandro Garcia Padilla -- rivals in an election next year -- don’t always agree. The disunity of its leaders is hurting Puerto Rico’s
Lew to Congress: Debt ceiling needs extending
Wednesday, 29 July 2015 16:03 Written by
Secretary of Treasury Jack Lew.(Photo: Andrew Harnik, AP) 1 CONNECTTWEETLINKEDINCOMMENTEMAILMORE WASHINGTON — Treasury Secretary Jack Lew told Congress on Wednesday that the nation should be able to continue paying its bills until at least Oct. 30, but lawmakers need to extend the debt limit because of economic uncertainty. "Given this unavoidable uncertainty, Treasury is not able to provide a specific estimate
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