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Nearly a decade into the conservatorships of Fannie Mae and Freddie Mac, no legislation has yet been passed to reform the housing finance system and resolve the long-term future of [...]

During the recent recession, the U.S. Congress passed two large economic stimulus programs. President Bush's February 2008 program totaled $152 billion. President Obama's bill, enacted a year later, was considerably [...]

CONGRESS MEMBERS ACCUSE Timothy Geithner of coddling Wall Street. Wall Street accuses him of abetting socialism. Yet when the history books are written, Geithner will be recognized as Barack Obama's [...]

BARACK OBAMA IS A BRAND. And the Obama brand is designed to make us feel good about our government while corporate overlords loot the Treasury, armies of corporate lobbyists grease [...]

The much-anticipated economic stimulus package, the American Recovery and Reinvestment Act of 2009 (P.L. 111-5), is now law. President Obama signed this historic measure on February 17. Moving through Congress [...]

The Economic Stimulus Act of 2008 that was signed into law on February 13, 2008, includes a broad rebate program for individual taxpayers. In general, individuals with earned income between [...]

EXECUTIVE SUMMARY * The act provides qualifying taxpayers an advance tax credit for the 2008 tax year called a "recovery rebate" An individual taxpayer is eligible for a maximum $600 [...]

Recovery rebates (technically known as "advance credit payments"), reaching as high as $600 for individuals and $1,200 for married couples, will soon be deposited or mailed to an estimated 130 [...]

Congress ended last year with several unfinished pieces of tax legislation still in process: expired provisions, energy legislation, agriculture legislation, military tax relief, pension technical corrections and taxpayer rights. So [...]

ITEM: President Barack Obama, reported the Bloomberg news agency for July 11, "said his $787 billion stimulus bill 'has worked as intended' as he pushed back against Republican criticism that […]

Sec. 179 Expense Deduction The Small Business and Work Opportunity Tax Act of 2007 (SBWOTA) (1) and the Economic Stimulus Act of 2008 (2) have increased the amount that businesses [...]

According to a recent study by BDO Seidman, an accounting and consulting organizations, 69 percent of CFOs at U.S. retailers say that the American Recovery and Reinvestment Act of 2009 [...]

Byline: Jerry Geisel, Roberto Ceniceros and Judy Greenwald WASHINGTON-The economic stimulus law contains other provisions of interest to benefits and risk managers. Under one provision, employees enrolled in employer-provided commuter [...]

The economic stimulus plan that Congress is considering would shower the nation's school districts, child care centers and university campuses with $150 billion in new federal spending, a two-year investment […]

Staff The 2008 Economic Stimulus Act that provides tax benefits to businesses will expire at the end of 2008. To encourage companies to use the Act to help automate current [...]

Byline: Dave McClure While there was a minor flurry of fixed asset activity surrounding the Economic Stimulus Act of 2008 and its depreciation and tax impact on businesses, the major [...]

Rev. Proc. 2008-54 provides guidance under Sections 102 and 103 of the 'Economic Stimulus Act of 2008' that increased the dollar limitations that apply to taxpayers who elect to expense [...]

WRONG CALCULATIONS MAY AFFECT STIMULUS PAYMENTS Washington, D.C. Calculations of economic stimulus payments by the Internal Revenue Service may have been wrong in nearly 400,000 cases. Treasury Inspector General for [...]

Congress ponders how to throw more money at the slumping economy FOR months Washington has waited for the economic stimulus plan George Bush signed in February to take effect. And [...]

Mark Spaulding, Editor in Chief Have you gotten your income-tax rebate check yet? Or the automatic deposit of your rebate? The potential boost to the US economy from the $150 [...]

ECONOMIC STIMULUS DEPRECIATION ALLOWANCE The IRS announced that until it issues guidance on how the special 50 percent depreciation allowance included in the Economic Stimulus Act of 2008 can be [...]

In IR-2008-68, IRS announced that economic-stimulus payments directly deposited into IRAs and other tax-favored accounts may be withdrawn tax and penalty-free. The relief, available for amounts withdrawn less than or [...]

The National Air Transportation Association indicated that the recently signed Economic Stimulus Act of 2008 includes a special tax provision allowing for additional depreciation on eligible purchases of property which [...]

Byline: Mark A. Hofmann Businesses often worry about reputational risks. It would behoove the federal government to do the same, particularly when it comes to the small stuff. A couple [...]

Perhaps it is just a drop in the bucket, but the tax rebates that the U.S. Treasury will send out to more than 130 million American families and individuals beginning [...]

Is it time to buy? Jenny Lescohier, editor If you're considering an equipment purchase, look into whether you can benefit from the Economic Stimulus Act of 2008 In challenging economic [...]

If you thought that the tax legislation passed at the end of 2007 both the Alternative Minimum Tax relief legislation and the mortgage debt forgiveness relief legislation finally resolved the [...]

Washington, D.C.--The Economic Stimulus Act includes a bonus for landlords and commercial tenants, according to MSNBC.Congress has upped the amount of construction costs allowed for write-offs in the first year [...]