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	<title>Fairmark.com &#187; Legislation</title>
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	<description>Taxes and investing in plain language</description>
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		<title>New Look at S Corp Payroll Tax</title>
		<link>http://fairmark.com/new-look-at-s-corp-payroll-tax/</link>
		<comments>http://fairmark.com/new-look-at-s-corp-payroll-tax/#comments</comments>
		<pubDate>Wed, 25 Apr 2012 18:41:44 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[S corporations]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1532</guid>
		<description><![CDATA[Owners of an S corporation can receive business profits in the form of wages, which are subject to Social Security and Medicare tax, or dividend distributions, which are not. Naturally they prefer the latter because of the lower tax cost. The IRS can challenge the tax treatment if wage payments are unreasonably low, particularly where [...]]]></description>
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		<title>Senators Take Swipe at Stock Options</title>
		<link>http://fairmark.com/senators-take-swipe-at-stock-options/</link>
		<comments>http://fairmark.com/senators-take-swipe-at-stock-options/#comments</comments>
		<pubDate>Wed, 20 Jul 2011 20:07:43 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Equity Compensation]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

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		<description><![CDATA[Senators Levin (D. Mich) and Brown (D. Ohio) have introduced the Ending Excessive Corporate Deductions for Stock Options Act, legislation that would limit the amount a corporation can deduct in connection with the exercise of compensatory stock options to the amount shown as an expense for the options in its financial statements. Similar proposals have been [...]]]></description>
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		<title>Burdensome Reporting Rule Repealed</title>
		<link>http://fairmark.com/burdensome-reporting-rule-repealed/</link>
		<comments>http://fairmark.com/burdensome-reporting-rule-repealed/#comments</comments>
		<pubDate>Fri, 15 Apr 2011 14:45:56 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1443</guid>
		<description><![CDATA[A rule that would have imposed burdensome new reporting requirements on businesses has been repealed. The rule was designed to clamp down on tax cheats by requiring businesses to file Form 1099 whenever they pay more than $600 to a single vendor for goods and services. It quickly became apparent that this would be a [...]]]></description>
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		<title>Unpopular Paperwork Requirement Appears Doomed</title>
		<link>http://fairmark.com/unpopular-paperwork-requirement/</link>
		<comments>http://fairmark.com/unpopular-paperwork-requirement/#comments</comments>
		<pubDate>Fri, 04 Feb 2011 16:31:31 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Business Taxation]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1383</guid>
		<description><![CDATA[The Senate has approved legislation that would do away with enhanced Form 1099 reporting.]]></description>
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		<title>Tax Deal Now a Done Deal</title>
		<link>http://fairmark.com/tax-deal-now-a-done-deal/</link>
		<comments>http://fairmark.com/tax-deal-now-a-done-deal/#comments</comments>
		<pubDate>Fri, 17 Dec 2010 12:25:02 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1276</guid>
		<description><![CDATA[The tax deal brokered by President Obama and Senate Republicans passed its last hurdle when it secured approval from the House of Representatives late Thursday. It was enacted into law when President Obama signed it Friday. For an overview of major tax provisions, see our Q&#38;A on the Tax Deal.]]></description>
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		<title>Tax Agenda for Congress</title>
		<link>http://fairmark.com/tax-agenda-for-congress/</link>
		<comments>http://fairmark.com/tax-agenda-for-congress/#comments</comments>
		<pubDate>Wed, 17 Nov 2010 13:35:56 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1177</guid>
		<description><![CDATA[Congress has five big tax issues on its agenda. Here's a brief summary.]]></description>
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		<title>Congress to IRS: Eschew Obfuscation</title>
		<link>http://fairmark.com/congress-to-irs-eschew-obfuscation/</link>
		<comments>http://fairmark.com/congress-to-irs-eschew-obfuscation/#comments</comments>
		<pubDate>Thu, 30 Sep 2010 20:52:16 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1103</guid>
		<description><![CDATA[A new law says the IRS must write clearly.]]></description>
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		<title>Small Business (and Roth Changes) a Done Deal</title>
		<link>http://fairmark.com/small-business-and-roth-changes-a-done-deal/</link>
		<comments>http://fairmark.com/small-business-and-roth-changes-a-done-deal/#comments</comments>
		<pubDate>Fri, 24 Sep 2010 19:24:10 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1085</guid>
		<description><![CDATA[The Small Business Jobs Act of 2010, containing provisions that expand access to Roth accounts in employer plans, will become law when President Obama signs it September 27.]]></description>
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		<title>Roth Conversions Within Employer Plans</title>
		<link>http://fairmark.com/roth-conversions-within-employer-plans/</link>
		<comments>http://fairmark.com/roth-conversions-within-employer-plans/#comments</comments>
		<pubDate>Fri, 24 Sep 2010 19:20:03 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[401k]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Retirement]]></category>
		<category><![CDATA[Roth Accounts]]></category>
		<category><![CDATA[Roth conversion]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1087</guid>
		<description><![CDATA[Here are questions and answers on the new law allowing Roth conversions within employer plans.]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Advance EIC Repealed</title>
		<link>http://fairmark.com/advance-eic-repealed/</link>
		<comments>http://fairmark.com/advance-eic-repealed/#comments</comments>
		<pubDate>Wed, 11 Aug 2010 12:01:12 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[General Taxation]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=948</guid>
		<description><![CDATA[The advance earned income credit has been repealed effective 2011.]]></description>
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