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This page contains a single entry by Associate Editor published on May 10, 2010 4:37 PM.

Tax Notes Article: Treasury Official Urges Practitioners to Examine FATCA Provisions and to Provide Input for Guidance was the previous entry in this blog.

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Grassley Expresses Concern That Health Care Reform, Assessment of Section 6707A Penalty, and Uncertainty In Regards to Estate Tax Will Increase Compliance Burden for Businesses

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Senate Finance Committee Ranking Member Chuck Grassley expressed concern that the compliance burden for many business will be increased by healthcare reform, by IRS asssessment of the penalty for failure to include reportable transaction information with a return under Section 6707A, and by uncertainty regarding the estate tax.



See also Grassley Says Compliance Burden on Small Businesses Is Concerning, 2010 TNT 88-30, May 7, 2010.


Posted by Neil I. Rumbak, Associate Editor, Wealth Strategies Journal.





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