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...

Camp Hopes Estate Tax Will Be on Its Way OutAn article in Bloomberg said that Republicans are considering voting this year to repeal the U.S. estate tax, according to House Ways and Means Chairman Dave Camp (R.-Mich.). He...
Senate Takes Different Approach from House for Highway and Bridge FundEarlier this week, according to a New York Times article, the Senate agreed to fill the coffers of the fund that pays for highway and bridge repairs with...
There it stands, your client's 100-year-old, rickety, vermin-infested barn or former hotel or whatever the darn thing once was. And she's considering what to do with it. There are two words that can help her decide...

Upcoming CPE Webinars

Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.
Aug 28
Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to restrict user inputs to selected choices, but there are many nuances to the feature that often trip users up.