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Congress blocks 'victory tax' on Olympic athletes

U.S. Olympic athletes would be exempt from a so-called victory tax under legislation approved by Congress and sent to the president. The Senate gave final legislative approval Thursday to a … Click to Continue »
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Congress Approves Sweeping Legislation to Help America’s Disabled

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(WASHINGTON) — Congress gave final approval Tuesday to the most sweeping legislation to help the disabled in a quarter century, allowing Americans with disabilities to open tax-free bank accounts to pay for needs such as education, ...

House approves legislation prohibiting cash payments to Iran

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The GOP-led House approved legislation late Thursday to prohibit the United States from making cash payments to Iran and require that Congress be notified before any future claims settlements with … Click to Continue »

Schumer Decries 'Victory Tax,' Urges House To Pass Senate Bill Exempting Olympic Medals From Tax

Business & Finance / Taxes : TaxProf Blog

Press Release, Schumer Urges House of Representatives to Immediately Pass Bipartisan Legislation That Will Block IRS From Taxing Olympic Medals; Senator Says Olympic and Paralympic Athletes Should Not Have To Pay a Victory Tax: Duri...

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Republicans have spent nearly $2 million in television advertising to help a state lawmaker win a Chicago-area legislative district — the most spent on air time for any legislative candidate … Click to Continue »

Congress approves stronger whistleblower protections

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With a Senate vote Tuesday, Congress gave final approval to legislation strengthening protections for federal whistleblowers. The measure, which advocates have been pushing for more than a decade, now goes to President Obama for his...

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