Tax & Budget Archives - Page 3 of 37 - National Small Business Association : National Small Business Association

Conferees Named for Tax Bill

December 13, 2017

Tax bill conferees have recently been named and will begin working on compromise language between the House and Senate passed versions of the bill with a goal of completion by Dec. 22.

Senate Passes Tax Reform Bill

December 6, 2017

On Dec. 2, the Senate voted to approve its tax reform legislation which now goes to conference committee to reconcile it with the House bill passed Nov. 16.

Vote on Spending Bill Delayed

December 6, 2017

House and Senate GOP leaders are working all angles to approve a short-term spending bill in order to avoid a partial government shutdown before the Dec. 8 deadline.

Ongoing Changes to Senate Tax Bill

November 29, 2017

With just a few days before a planned floor vote, Senate Republicans are working to make changes to their tax reform proposal in the hopes of trying to sway at least a half-dozen Senate holdouts.

Recently, House Speaker Paul Ryan (R-Wis.) indicated that Republicans will likely try to pass a short-term spending bill to prevent a government shutdown on Dec. 9. Speaker Ryan has said the House Republican’s goal was to pass a long-term spending bill by the end of the year, but suggested lawmakers may not...

Lawmakers Move on Tax Reform

November 22, 2017

On Nov. 16, efforts to rewrite the Federal Tax Code took significant steps forward when the House approved its version of a comprehensive tax reform legislation as well as the Senate Finance Committee approving a competing measure. First, House Republicans pushed through their proposal – the Tax Cuts and Jobs Act...

House and Senate Tax Plans Differ

November 16, 2017

On Nov. 9, Senate Finance Committee Chairman Orrin Hatch (R-Utah) released a Senate version of the Tax Cuts and Jobs Act (H.R. 1). The Senate tax reform proposals would lower business and individual tax rates, modernize U.S. international tax rules, and simplify the tax law, but differ in key aspects...

Chairman’s Mark Unveiled to Senate Tax Reform Proposal

November 16, 2017

On Nov. 14, Senate Finance Committee Chairman Orrin Hatch (R-Utah) released the modified Chairman’s Mark for the Tax Cuts and Jobs Act, that would repeal the Affordable Care Act’s (ACA’s) individual mandate and sunset a number of individual tax provisions, including the estate tax exemption, to meet a budgetary requirement...

Tax Reform Bill Details Released

November 8, 2017

NSBA provides a detailed analysis on the recently-released Tax Cuts and Jobs Act of 2017 (H.R. 1) which would have significant impacts on numerous sectors of the economy.