Join us on May 22nd at 8:30AM, for the 2019 Tax Coalition Issues Forum, with a panel, moderated by Dawn Levy O’Donnell of D Squared Tax Strategies: A Whole New World: New Congress, New Leaders, New Staff Moderator: Dawn O’Donnell, Principal, D Squared Tax Strategies Panelists: Chris Allen, Senior Adviser, Benefits and Exempt Organizations (Majority), Senate Committee on Finance; Beth … Read More
ABA 2019 May Tax Meeting Panel: The Unintended Consequences of the 2017 Tax Act
Join D Squared Tax Strategies’ own Dawn Levy O’Donnell at the 2019 ABA May Taxation Section Meeting in Washginton, D.C., on May 9th, 2019 at 4:00PM, for a special panel discussion. How the Sausage Gets Made: The Unintended Consequences of the 2017 Tax Act and the Outlook for Tax Legislation in 2018 The Tax Cuts and Jobs Act was signed … Read More
What Does the Latest House Action Mean for Tax Extenders?
As a follow up to the first House Ways and Means hearing held on tax extenders, House members, in an off the record session, discussed some of the expired tax credits. Several were energy-related. This is part of the House’s process to finally make a choice between permanence in the tax code, or removal of the tax code for expired … Read More
House Ways and Means Committee Hearing on Tax Extenders
The House Ways and Means Committee is holding a hearing to make every tax extender stand up and justify its existence. While the Senate finds certain temporary tax credits useful for incentivizing behavior throughout the tax code- like marriage, adoption, child tax credits, alternative energy; they also see it as a way to create marketplaces for American game-changing technologies and … Read More
Democrat Bridges and Republican Roads: How will the US Pay for Infrastructure Improvements?
There are 3 main concepts for Congress to keep in mind about our national infrastructure: safety, mobility of goods & people and jobs. These are concepts that everyone can get behind. So we all AGREE that we need to invest in our nation’s surface transportation infrastructure. Great. How do we pay for it? This is where there is a lot … Read More
[VIDEO] Government Shutdown, Tax Extenders, Tax Cuts and Jobs Act
On February 6th, 2018, just days before a potential government shutdown, Dawn Levy O’Donnell and Katie Horton, of D Squared Tax Strategies, sat down for a Facebook Live broadcast to discuss the potential ramifications of letting the budget expire, and the implications of the Tax Cuts and Jobs Act (TCJA). Tune into their conversation and learn about: What will … Read More
What do I do? Practitioners Question Treasury About How to Move Forward on Tax Cuts and Jobs Act
Right now even the seasoned tax minds at US Treasury don’t have all the answers. Practitioners and interested parties are furiously asking Congressional staff and Treasury countless questions about how things work and how various methods should be handled going forward. Neither Congressional staff, nor Joint Committee staff has clear or complete answers right now. One thing is clear. There … Read More
There is a HUGE New Tax Law – But What Will Happen to the IRS in Case of a Government Shutdown?
With an overburdened, understaffed IRS, even under the best of circumstances, the 2017 tax season is going to be hard to handle. A shutdown of the government (now averted for at least the next few weeks) would have doubled the difficulty of filing on both you and your friendly IRS employee. There are already a lot of confused taxpayers out … Read More
Tax Reform has Only Begun
Tax reform has only begun. The Tax Cuts and Jobs Act made some major changes to tax law. But what happens now. How will businesses know how to comply? The law was just Step 1 of tax reform. But there is much more work to be done. The 2017 passage of the TCJA set the foundation for how every business … Read More
Tax Bill Gives New Provisions “Extender Status.”
The Joint Committee on Taxation, in their annual report on expiring provisions listed federal tax provisions that have expired or are scheduled to expire between 2016 and 2027. In addition to what we all know as “traditional extenders,” the new tax bill passed last year has many expiring provisions. When tax provisions expire they will be considered extenders. Now officially … Read More