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House repeals IRS private debt collection program.

Source :
Accounting Today; 5/19/2008, Vol. 22 Issue 9, p8-8, 3/4p
Publication Year :
2008

Abstract

The article reports on the passage of the Taxpayer Assistance and Simplification Act of 2008, a law that promises to make tax preparation easier in the U.S. in April 2008. It states that the law repeals the Private Debt Collection Program of the U.S. Internal Revenue Service (IRS). It offers an overview of the provisions of the law, which includes stopping federal contractors from using foreign subsidiaries to evade Social Security and other employment taxes.

Details

Language :
English
ISSN :
10445714
Volume :
22
Issue :
9
Database :
Complementary Index
Journal :
Accounting Today
Publication Type :
Periodical
Accession number :
32152946