Last week, the House Ways and Means Committee released its long-awaited Tax Reform 2.0 framework which would update and make permanent certain provisions of the Tax Cuts and Jobs Act.
Tag Archive: Small Business Pass-Through Entity
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.
On Nov. 14, Senate Finance Committee Chairman Orrin Hatch (R-Utah) released the modified Chairman’s Mark for the Tax Cuts and...
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.
NSBA recently applauded the tax reform framework's efforts to ease complexity, but urged parity among corporate and individual tax rates--where the majority of small-business income is taxed.
The failure of Congress to move forward on health care legislation makes broad tax reform more difficult, but not impossible, according to GOP leadership.
Policymakers continue to discuss tax reform, with House Republicans touting their Blueprint and President Trump calling for broad tax reform in his recent address to Congress.
Recently, Republican presidential nominee Donald Trump released a recalibrated tax plan with still unclear language regarding pass-through entities.
Today, the House Ways and Means Subcommittee on Select Revenue Measures will hold a hearing on the small business and pass-through entity tax reform discussion draft that was released by the committee on March 12.