Tax & Budget Archives - National Small Business Association : National Small Business Association

House Republicans Introduce a Revised Tax Bill

December 12, 2018

This week, House Republicans unveiled a revised year-end tax bill that would includes some technical corrections to the Tax Cuts and Jobs Act, but does not include earlier provisions aimed at resurrecting expired tax breaks.

NSBA Urges HIT Tax Relief

December 4, 2018

NSBA has joined with other business leaders in asking Congress to pass by the end of the year an extension for 2020 of the moratorium on the expensive and burdensome Health Insurance Tax.

House Republicans Release Tax Package

November 28, 2018

On Nov. 26, House Republicans released a 297-page tax bill they hope to advance during the lame-duck session of Congress. The legislation would revive a number of expired tax provisions known as “extenders,” ranging from tax breaks for fuel cell cars, energy efficient homes, race horses, mine safety equipment, auto...

Government Shutdown Looms Over Border Wall

November 28, 2018

Congress and the administration has until Dec. 7 to compromise on spending priorities--including President Trump's demand for border wall funding--before a partial government shutdown.

New Opportunity Zone Program

October 31, 2018

The IRS has unveiled proposed rules for the new Opportunity Zone program which encourages investment into low-income communities.

House Approves Tax Cuts 2.0 Package

October 3, 2018

Before adjourning, the House approved Tax Cuts 2.0, legislation that would permanently extend the temporary tax cuts for individuals and passthrough entities that were enacted in last year’s tax reform bill.

House Slotted to Pass Tax Reform 2.0

September 25, 2018

The House will vote this week on its trio of Tax Cut 2.0 bills that would that would make permanent several small-business provisions.

Ways and Means Passes Tax Reform 2.0

September 19, 2018

On Sept. 13, the House Ways and Means Committee approved Tax Reform 2.0, teeing up a potential vote by the full House before the end of this month.

Tax Reform 2.0

September 13, 2018

This week, the House Ways and Means Committee will consider "Tax Reform 2.0" which will make permanent the individual and small business tax cuts made in the Tax Cuts and Jobs Act.

Spending Deadline Approaching

September 5, 2018

With just 11 legislative days this month when the House and Senate are both scheduled to be in session, Congress faces an uphill battle to pass FY 2019 spending legislation.