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 …
Trump administration considers taking inflation into account when taxing capital gains
David Morgan As reported by Reuters, the Trump administration is considering bypassing Congress to grant a $100 billion tax cut …
Republican tax plans include making U.S. cuts permanent -documents
By Lisa Lambert, David Morgan and Bill Trott WASHINGTON (Reuters) – Republican plans to build on last year’s U.S. tax …
Ways & Means Chair releases Phase 2 tax reform discussion draft
On July 24, House Ways and Means Committee Chairman Kevin Brady (R-TX) released a “listening session framework” outlining some of …
House Committee approves bills on health care reform, taxes
The House Ways and Means Committee on July 13 approved eleven bills which focus on delaying the implementation of some …