Trump Signs Government Funding Bill; Tax Provisions Included
Just hours before government funding was set to expire, President
Trump on March 23 signed the bipartisan Consolidated Appropriations
Act, 2018, averting a government shutdown. The $1.3 trillion
fisca...
AICPA Renews Call for 199A Guidance
The American Institute of CPAs (AICPA) has renewed its call for
immediate guidance on new Code Sec. 199A. The AICPA
highlighted questions about qualified business income (QBI) of
pass-through inc...
Trump, House Republicans Discussing Phase-Two of Tax Reform
A top House tax writer has confirmed that House Republicans and the
Trump administration are working on a second phase of tax reform
this year. House Ways and Means Committee Chairman Kevin Brady,
R-T...
House Lawmakers Examine Tax Extenders
The House Ways and Means Tax Policy Subcommittee held a March 14
hearing in which lawmakers and stakeholders examined the future of
various temporary tax extenders post-tax reform. Over 30 tax
breaks,...
Conviction for Obstructing Tax Administration Reversed
The U.S. Supreme Court reversed an individual’s conviction for
obstructing tax law administration. The government failed to show
that the individual knew that a "proceeding" was
pendin...
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