SALT Provision Buried in House’s “Big Beautiful Bill” Would Curtail State Income Taxation Under P.L. 86-272
A proposed amendment buried under “Other Matters” in the House reconciliation proposal (the “One Big Beautiful Bill”) that advanced to …
Expert Shares How Tax Reform May Impact the Real Estate Sector
The reconciliation bill that made its way through the House Thursday morning contains a plethora of tax provisions, including several …
House Rules Committee Debates One Big Beautiful Bill
Editor’s note: The House passed the bill the morning of 5/22 by a vote of 215-214. One member voted “present” …
Senators Grill IRS Nominee on Conflicts, Experience
The Senate Finance Committee questioned Billy Long, President Donald Trump’s pick for IRS commissioner, about his potential conflicts of interest …
ESOPs A Powerful Alternative to Traditional M&A Transactions – Interviews
Randy A. Schwartzman, CPA, MST Mr. Schwartzman is a contributing editor for PTAB and a Retired Partner, National Tax Office, …
House Budget Bill Stalls in Committee, Throwing Off Timeline
Editor’s note, 5/19/2025: The committee held a second vote Sunday evening and the bill advanced by a slim 17-16 margin. …
Senate Taxwriters Weigh in on House Reconciliation Bill Cliffs, Timing
Senate Finance Committee Chair Mike Crapo (R-ID) and member Senator Steve Daines (R-MT) shared their thoughts on House reconciliation efforts …
SALT Cap Proposal Subject to Change as Tax Bill Advances
House Republicans are not aligned on how to address the Tax Cuts and Jobs Act’s cap on state and local …
Experts Delve into Business, Manufacturing Provisions in House Tax Reform Bill
With the House Ways and Means Committee debating the tax portion of a reconciliation bill, tax professionals discussed key provisions for businesses …
Policy, Budget Impacts of GOP Tax Bill Key Provisions
The House Ways and Means Committee shared a portion of its plans to address expiring provisions of the 2017 Tax Cuts and …