Weekly Report from Washington, D.C. – Tax & Accounting Blog
During the week of November 26, senior tax staff on the Senate Finance and House Ways and Means Committees doubted Republicans’ catch-all tax and IRS…
Weekly Report from Washington, D.C. – Tax & Accounting Blog
During the week of November 5, President Donald Trump and House Ways and Means Committee Chairman Kevin Brady, R-Tex., issued a joint statement in connection…
Weekly Report from Washington, D.C. – Tax & Accounting Blog
The Trump administration and House Republicans are working on a “phase-two” of tax reform. Additionally, an IRS reform bill is expected to be released from…
Weekly Report from Washington, D.C. – Tax & Accounting Blog
The IRS plans to issue regulations clarifying the new three-year holding period for certain carried interests. Additionally, the IRS released a new withholding calculator. Congress…
Weekly Report from Washington, D.C. – Tax & Accounting Blog
The House and Senate versions of tax reform legislation have gone to conference to iron-out differences between the two bills. In addition, the IRS announced…
Weekly Report from Washington, D.C. – Tax & Accounting Blog
Taxes took center stage on Capitol Hill as the Senate continued debate on an overhaul of the Tax Code. In addition, the IRS expanded penalty…