Tax bill heads to House floor
The House Rules Committee late on Nov. 29 approved a manager’s amendment from House Ways and Means Committee Chair Kevin …
Lame duck tax bill receives lukewarm reception from Democrats
Senate Democrats have indicated that they have little enthusiasm for holding votes on a lame duck tax bill, the Retirement, …
House Republicans release tax bill containing technical corrections, extenders and disaster relief
House Ways and Means Chairman Kevin Brady (R-TX) late on Nov. 27 released a 297 page tax package that addresses …
White House’s Kudlow: Tax reform’s next phase won’t happen in 2018
By Lisa Lambert, Chizu Nomiyama, Mike Stone and Bernadette Baum WASHINGTON (Reuters) – White House Economic Adviser Larry Kudlow told …
President announces middle-income tax cuts to precede mid-term elections
As reported by Reuters, President Trump said that his Administration was studying a tax cut for middle-income earners that could …
U.S. Senate bill could give Tesla, GM electric car tax credit boost
By David Shepardson and Tom Brown WASHINGTON (Reuters) – Tesla Inc and General Motors Co, which have lobbied Congress to …
House approves two portions of Tax Reform 2.0
The full House on September 27 passed two sections of its second phase tax reform bill with a vote slated …
Ways and Means Committee passes Tax Reform 2.0 package
The House Ways and Means Committee on Thursday (9/13) passed Tax Reform 2.0 along partisan lines. The full House is …
What made it into the Tax Reform 2.0 bills?
On Sept. 10, the House Ways and Means Committee released three bills that comprise “Tax Reform 2.0.” This article takes …
Prop regs on Sec. 965 transition tax: E&P and basis adjustments, affiliated groups, and Sec. 986(c)
IRS has issued proposed regs under Code Sec. 965, the “mandatory repatriation” provision added to the Code by the Tax Cuts …