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 …
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 …
House Ways and Means Releases Partial Tax Bill Text
On Friday, May 9, the Ways and Means Committee shared partial text for the tax portion of a reconciliation bill …
Trump Pledges to Restore TCJA Full Bonus Depreciation
At his address before Congress Tuesday evening, President Trump hinted at some priority tax policies for his second term, including …
On Menu of Tax Reform Options: Cutting SALT Deduction
As tax discussions ramp up, Republicans have compiled a lengthy menu of options, including five that would revise the deduction …
‘One Powerful Bill’ To Address Expiring Tax Provisions and More
Republicans are eager to start delivering on President-elect Donald Trump’s campaign promises via reconciliation — a fast-track option available when …
The Tax Legislation Equation
Republicans have a “math problem,” a KPMG policy expert concluded, because extending tax cuts, the potential revenue raisers, and the …
Tax Pro Shares Keys to Navigating Fed Rate Changes, Political Uncertainty
Businesses have opportunities to increase cash flows and lower tax liabilities in light of the recent cut to the federal …
Lawmakers Push for Enhanced Paid Family and Medical Leave Credit
A recently introduced bipartisan House bill (HR 8860) would extend and enhance a tax credit under Code Sec. 45S available to employers …
House Republicans Push for Legislation on TCJA ‘Big Three’
A large coalition of House Republicans called for year-end legislation addressing three business tax areas of the Code altered by …