Category Archive

John Thune (R- SD) is optimistic about getting extenders done in the first quarter this year. I like it when Thune is optimistic. He is a good barometer of legislative movement and priorities. Many tax provisions have expired and need to be made retroactive.  Senate Republicans want to make it as easy as possible and give some certainty to groups … Read More

Specifically, what’s going on with renewable fuels, SEC. 48-solar, geothermal, stationary fuel cells, electric vehicles, energy efficient buildings and more? Energy Extenders/energy tax bill to come after tax reform According to several members of the Senate Finance Committee, Senate Republicans are considering extending a group of expired energy tax provisions in a year-end extenders bill in December rather than addressing … Read More

What are the key tax policy issues to focus on this week? The waiting is finally over. The administration and the Big Six finally released their long-awaited tax plan. This is the unified Republican plan that is supposed to provide a roadmap for the tax-writing committees so they can draft tax reform legislation and move that legislation to passage. This … Read More

Work on reform has been non-stop on the staff level. This is not the kind of exciting work that will make the headlines of the Wall Street Journal or even in tax trade publications. It’s happening in offices and conference rooms on the Hill where tax-writing staff are floating ideas, meeting with industry groups and putting meat on the bones … Read More

What are the key tax policy issues to focus on this week? The House and Senate continue their 5-week summer recess, before returning after Labor Day. That doesn’t stop staff, members and industry from working hard on important tax issues, as political pressure to deliver a tax win, before the end of the year, continues to mount. The timeline for tax reform … Read More

What are the key tax policy issues to focus on this week? Both the House and Senate have left Washington for the five-week August recess and will return after Labor Day. Lawmakers left after the Senate rejected the “skinny” ObamaCare bill – basically leaving the healthcare repeal and replace effort dead for now. This healthcare bill setback has ramped up … Read More

What are the key tax policy issues to focus on this week? As you might expect, there’s a ton a developments in to the ACA repeal. It also looks like the border adjustment tax proposal appears to be dying a slow death. Plus, a number of groups are making sure their collective voices get heard, including Freedom Partners, the Freedom Caucus, … Read More

A tax plan was put forward by President Trump in June 2017, and although the plan is simply a list of provisions the White House would like to see make it into a tax reform bill, it will still greatly influence what’s up for debate as the House and Senate formulate their respective tax reform bills. There’s still a lot … Read More

Should a major corporate tax cut make it into the 2017 tax reform bill, as proposed in President Trump’s tax plan, the difference will have to be made up somewhere else. Watch this video to learn about what options Congress has available to them, and how they could impact you and your business. After watching this video, watch this video … Read More

Tax reform is all over the news lately, but the process for tax reform has been long underway. Big changes to the tax code are coming down the pike, and you need to know what to look for, if you’re going to be proactive in your response. The corporate tax rate, credits and deductions, and border adjustments are all on … Read More