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Increasingly gripped by stalemate, Republicans and Democrats on a congressional deficit-reduction supercommittee now seem to be devoting more time to assigning blame than working through the sharp differences that divide them.
Only a fraction of small businesses that may qualify for help to offset the cost of health insurance have taken advantage of a tax credit that's included in the health reform package.
The IRS and the Department of Treasury are requesting comments on possible standards for determining if a retirement plan is a governmental plan under section 414(d) of the Internal Revenue Code.
The Internal Revenue Service is boosting the maximum contribution that workers can make to their 401(k) pension plans without paying upfront taxes. The limit will rise to $17,000 next year.