Senate passes financial reform legislation
5/20/10
The Senate voted 59 to 39 on May 20 to pass its version of financial reform legislation (S.3217).
IRS posts Form 941 and instructions for claiming HIRE Act payroll exemption
5/18/10
The Internal Revenue Service (IRS) has posted the revised Form 941, which can be used to claim the special payroll tax exemption created by the passage of the HIRE Act that applies to many new workers hired in 2010.
IRS releases updated guidance for small-employer credit
5/18/10
The Internal Revenue Service (IRS) has released updated guidance on the small-employer health care tax credit, including steps on determining eligibility and credit calculation examples.
Senate Budget Committee adopts FY 2011 budget resolution
4/23/10
The Senate Budget Committee has adopted its FY 2011 budget resolution by a 12-10 vote along party lines.