Congress to Debate Changing Tax Filing Date

Maryland Congressman Roscoe Bartlett (R-6-MD) has introduced legislation that would change the annual filing date for income tax returns from the current April 15 to the first Monday in November, the day before Election Day.

"I think it's just common sense that the price we pay for our government - which is taxes - should be a top priority when Americans go to the polls to select their members of Congress," said Rep. Bartlett in a news conference last Thursday. "I think that Americans might make different choices if they have the price of government in their minds when they cast their ballots."

Two not-for-profit tax organizations, Americans for Tax Reform and the National Taxpayers Union (NTU) support the bill, H.R. 1725, claiming that tax statistics should be important aspects of a voter's decision-making process. The pro-flat tax NTU claims, "Congressman Bartlett's bill could help voters to hold Members of Congress more responsible at the polls for their aggressive spending and tax policies."

H.R. 1725 is co-sponsored by 20 members of Congress and is a duplicate of H.R. 1550 which was introduced by Congressman Bartlett in the 107th Congress. H.R. 1550 never reached a vote.

You may like these other stories...

Federal judge tosses IRS lawsuitsBernie Becker of The Hill reported that a federal judge sided with the IRS on Thursday, tossing out two lawsuits filed against the tax agency over its improper scrutiny of Tea Party groups...
Amidst the dark clouds hovering over the IRS this year—ranging from the lingering Tea Party scandal to other improprieties to damaging budget cuts—at least there's a ray of sunshine in a new report from the...
SEC, Big Four Chinese affiliates make progress in talks over audit documentsMichael Rapoport of the Wall Street Journal reported that the US Securities and Exchange Commission (SEC) and the Chinese affiliates of the Big Four...

Already a member? log in here.

Upcoming CPE Webinars

Oct 30Many Excel users have a love-hate relationship with workbook links.
Nov 5Join CPA thought leader and peer reviewer Rob Cameron and learn ways to improve the outcome of your peer reviews while maximizing the value of your engagement workflow.
Nov 12This webcast presents basic principles of revenue recognition, including new ASU 2014-09 for the contract method. Also, CPAs in industries who want a refresher on revenue accounting standards will benefit.
Nov 18In this session Excel expert David Ringstrom, CPA tackles what to do when bad things happen to good spreadsheets.