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House votes to boost child tax credit for high-income families, restrict it for immigrants

...the next decade, according to the nonpartisan Joint Committee on Taxation, which analyzes tax bills for Congress.At the...billion over the next decade, according to the Joint Committee on Taxation.In general, noncitizens must be authorized...

http://chronicle.augusta.com/news/business/2014-07-25/house-votes-boost-child-ta
Congress lets 55 tax breaks expire at year end, adding uncertainty for individuals, businesses

...Congress passed in January cost $76 billion in reduced revenue for the government, according to the nonpartisan Joint Committee on Taxation. Making those tax breaks permanent could add $400 billion or more to the deficit over the next decade.With...

http://chronicle.augusta.com/news/business/2013-12-30/congress-lets-55-tax-break
Budget to harm investors

...method when calculating their investment taxes instead of two other methods now commonly used. Kenneth Kies, Joint Committee on Taxation staff director, said a preliminary estimate shows 10 million people a year would be affected by the change...

http://chronicle.augusta.com/stories/1997/02/21/biz_204329.shtml
XXX Bizarre
Freeze the minimum tax

...amount. When the AMT was first imposed it affected only about 140,000 taxpayers, according to Congress' Joint Committee on Taxation. Today it affects millions, and 9 million more will pay the AMT next year if the U.S. Senate doesn't...

http://chronicle.augusta.com/stories/2004/05/16/edi_415723.shtml
Editorials
Mortgage-interest tax break favors wealthy homeowners

...takes the deduction most often is the wealthy. A study of 2006 tax filings by the congressionally sponsored Joint Committee on Taxation found that nearly half the households that filed tax returns itemizing a mortgage-interest deduction made...

http://chronicle.augusta.com/stories/2008/03/02/fin_189445.shtml
Finance
Bush signs tax law aiding manufacturers

...ironed out differences between the two chambers. Though the legislation provides new tax breaks, Congress' Joint Committee on Taxation says it has no impact on the deficit because it also closes tax loopholes and repeals export subsidies. Opponents...

http://chronicle.augusta.com/stories/2004/10/23/bus_432083.shtml
Business
Tax law's reporting clause might boost software sales

...care legislation that Congress passed and President Obama signed into law in March. According to Congress' Joint Committee on Taxation, under the new law a business is required to file a 1099 form "for all payments aggregating $600 or more...

http://chronicle.augusta.com/news/business/2010-05-21/tax-laws-reporting-clause-
Business
Beware the alternative minimum tax

...the next decade, 36 million of us will be paying it unless the tax code is revised, Congress's nonpartisan Joint Committee on Taxation estimates. "It's stunning that, if nothing is done, one in every three taxpayers in the United States...

http://chronicle.augusta.com/stories/2002/01/30/bus_335510.shtml
Business
Tax plan cuts mortgage, charitable deductions

...in 2009, and about 36 million households claimed deductions for charitable contributions, according to the Joint Committee on Taxation, the congressional scorekeeper on taxes.The Gang of Six senators is made up of Republicans Tom Coburn of...

http://chronicle.augusta.com/news/business/2011-07-20/tax-plan-cuts-mortgage-cha
Wachovia paid nearly $1 billion in taxes, defends leasing deferrals

...proposed a provision in the 2005 budget that also would ban certain leasing transactions as tax shelters. The Joint Committee on Taxation estimates the provision could save the federal government $21 billion over 10 years. Information from: The...

http://chronicle.augusta.com/stories/2004/03/05/bus_407763.shtml
Business