
House Republicans Release Tax Package
November 28, 2018 5:27 pmOn Nov. 26, House Republicans released a 297-page tax bill they hope to advance during the lame-duck session of Congress....
On Nov. 26, House Republicans released a 297-page tax bill they hope to advance during the lame-duck session of Congress....
Congress is facing a hefty to-do list, including tax extenders and a massive spending bill that must get done by Dec. 11 in order to avert a government shutdown.
Congress returned to D.C. this week with a long list of issues to tackle, but lawmakers are likely to be just as focused on the 2016 elections as they are on the near-term policy imperatives.
Yesterday, the Senate Finance Committee approved legislation to address the temporary tax deductions, credits and incentives that expired at the end of 2014, or so-called "tax extenders," in an effort to avoid another last-minute extension.
Later this week, the House will vote on several bills that would permanently extend now-expired tax provisions including increased section 179 expensing and tax relief for S corporations.
This week, the Senate is preparing to take action on a bill passed by the House that would retroactively extend a variety of currently expired tax breaks, including Section 179 expensing and a host of other business credits.
NSBA today released a brief survey, “Lame Duck Session Priorities” outlining small-businesses opinions on the key issues facing the remaining days of the 113th Session of Congress as well as general sentiment about Congress.
NSBA today released its 2014 Small Business Taxation Survey which provides detailed insight on how America’s small-business community is being impacted by federal taxes and shows how complexity and inconsistency within the tax code continue to plague small businesses.
The Senate Finance Committee on April 3 will markup legislation, released earlier this week by Chair Ron Wyden (D-Ore.), that would extend a set of expired and soon-to-expire tax breaks commonly known as “tax extenders.”
The tax writing Chairmen in both the House and Senate, Rep. Dave Camp (R-Mich.) and Sen. Ron Wyden (D-Ore.), respectively, have recently placed priority on dealing with the tax extenders in their committees.