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Businesss Tax Provisions in FY 2015 Budget Proposal

Businesss Tax Provisions in FY 2015 Budget Proposal

President Obama released his fiscal year 2015 budget on March 4. I have written about some of the personal tax proposals in a previous post. Now let’s take a look at some of the business tax provisions. DepreciationCode Section 179 allows business taxpayers to expense...
Individual Tax Provisions in Obama’s 2015 Budget

Individual Tax Provisions in Obama’s 2015 Budget

President Obama released his FY 2015 budget proposals on March 4.  I’m not one to analyze the benefit or cost behind proposed tax law, or argue conservative or liberal viewpoints ( I am conservative), but I am interested in what may be on the horizon for tax...

Obama’s Budget Proposal…Who Would Pay More?

President Obama released his budget proposal earlier this month.  There are many tax changes for businesses and individuals included in his budget.  A few of the provisions designed to increase taxes include the following: Create a “Fair Share Tax”, which...