Tax News & Views - June 26, 2009Vol. 10, No. 32 |
Publish date:
Author
Tax Policy Group, Deloitte Tax LLP
- Senate taxwriters moving forward on health care, Baucus says – With concerns over cost apparently resolved, Senate Finance Committee Chairman Max Baucus, D-Mont., indicated that the committee was nearing an agreement on a $1 trillion health care reform package.
- IRS clarifies deadline for foreign bank account reporting – The IRS posted a revised version of frequently asked questions on its Web site concerning voluntary disclosure of Foreign Bank Account Reports (FBAR).
- House set to vote on cap-and-trade program – The House of Representatives was set to vote June 26 on a climate change bill (H.R. 2998) aimed at significantly reducing greenhouse gas emissions between 2012 and 2050 through an economy-wide cap-and-trade program.
- House Education and Labor Committee approves benefit plan funding relief, stronger 401(k) fee disclosure – The House Education and Labor Committee approved legislation that would provide temporary funding relief to struggling defined benefit plans and strengthen disclosure of fees associated with 401(k) retirement savings accounts.
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Tax News & Views - June 26, 2009
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