Watchdog cites complexity of federal tax code
The tax law is so thick that filers spend over 6 billion hours yearly on compliance. About 90 percent will rely on a tax preparer or software this spring, according to Nina Olson. She calls complexity the top problem for taxpayers and the IRS and notes it fuels confusion and fraud opportunities. Washington momentum grows for overhaul, but bipartisan agreement remains elusive.
MENTIONED IN THIS ARTICLE
Washington
Nina E. Olson
National Taxpayer Advocate
Olson
Internal Revenue Service
Congress
Barack Obama
Gun dealers challenge rifle requirement in court
A federal appeals panel hears Arizona dealers challenge a 2011 ATF rule requiring reports when customers buy two or more high powered rifles in five days. The lawyers dispute authority to create a records system while the government argues the rule helps curb gun flows to Mexican cartels amid national gun violence measures.
MENTIONED IN THIS ARTICLE
Washington
Arizona
U.S
Richard Gardiner
Appeals Court
Bureau of Alcohol, Tobacco, Firearms and Explosives
California
New Mexico
Texas
ATF
Governors warn Congress on debt limit uncertainty
Delaware Governor Jack Markell and Oklahoma Governor Mary Fallin, speaking for the National Governors Association, urged Congress to raise the debt ceiling promptly. They warned delays could disrupt federal spending and state budgets, while calling for flexible, targeted federal aid rather than unfunded mandates amid talks with Republicans and President Obama.
MENTIONED IN THIS ARTICLE
Washington
Congress
Delaware
Jack Markell
Oklahoma
Mary Fallin
National Governors Association
Markell
Treasury
Barack Obama
Market Summary Hints at Futures Slippage on CME and CBOT
A brief market note from New York reports hog futures on the Chicago Mercantile Exchange and mentions futures activity on the Board of Trade. The text shows contemporaneous market movements with references to CME and CBOT trading on different days.
MENTIONED IN THIS ARTICLE
NEW York
Chicago
Ce Ago
Board of Trade
N.Y
NEW York(ap
Mos Aee Ton
York Mercantile Exchange
CheniereEn
Facebook
Saratoga
Santin
Comex Oats
Mistral
Minpdiag
MagicJack
Csvlgngs
NMOPI
Peregrinp
MTR Gam
Malawi
DougDyn
Medgenics
Mow
Usphysth
Ineoor
NY Harbor Gas
London
Wed
Harman
Merc
Also Mentioned on This Page
Watchdog
Ohio
Capitol Hill
Senate
Gun Dealers Challenge
Harry T. Edwards
Jimmy Carter
Gardiner
Edwards
J&g Sales, Ltd
Prescott, Ariz
Foothills Firearms, LLC
Yuma, Ariz
Judith W. Rogers
Bill Clinton
United States
Justice Department
Michael Raab
Obama
Newtown
Conn
Dan Gross
Brady Campaign To Prevent
Center
White House
Joe Biden
Eisenhower Executive
NGA
Fallin
I ~ Aed
Atin Mer
Dow Jones Industrials
Dow Jones Transportation
Dow Jones Utilities
NYSE
S&p
Wilshire
Russell
Raymond James
Jeff Martin
Roswell
Jeff.martin
Raymondjames
Raymond James Financial Services, Inc
FINRA
SIPC
Belemaera
Oe Ee Div PE
Lastakan Eng Tigome At&t Inc
Microsoft
OneckPtrs
PNM Res
PepsiCo 245
Phizer
CocaColas
Phillips66
EG Res
Texinst
WalMart
WashFed
Wells Fargo
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