Sub S Corporations Targeted for Proposed Tax Hit

Among the proposed tax increases in the pending tax extenders bill, the “American Jobs and Closing Tax Loopholes Act of 2010” (H.R. 4213), is one that would raise $11.2 billion between 2010 and 2020 by increasing self-employment taxes on certain professional service business owners. Read more

House and Senate Conferees Begin to Meet on Financial Regulatory Reform Legislation

House and Senate conferees on June 10 held their first meeting to reconcile the competing versions of the “Wall Street Reform and Consumer Protection Act” (H.R. 4173). Read more

Tweaks to the CLASS Program Considered

The Community Living Assistance Services and Supports (CLASS) program – the new public LTC program created by the recently enacted health insurance law – is receiving Congressional attention. Read more

Senate H.R. 4213 Debate Puts Taxes, COBRA Subsidies in Play

The Senate is currently debating H.R. 4213, the partially-offset jobs-extenders-pension funding relief bill that the House passed on May 28. Read more

NAIFA Participates in Annuities Summit

On June 10, NAIFA Government Relations staff members Bill Anderson and Gary Sanders represented NAIFA at an IMSA/AARP-sponsored Summit Meeting on Annuities, titled “Retirement Security in a Regulated Marketplace—Annuities in 2010 and Beyond.” Read more

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