Apr 13, 2021 | Blog, In The News, Policy And Taxation Group, Tax Cuts
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report. The Biden administration released its fiscal year (FY2022) discretionary budget request, also known as the “skinny budget.” The request proposes $769 billion in non-defense...
Mar 17, 2021 | Blog, In The News, Tax Cuts
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report. Over The Weekend Now that the American Rescue Plan (P.L.117-2) has been enacted, lawmakers are pivoting to consider economic recovery legislation. Up first in House will be...
Feb 16, 2021 | Blog, In The News, Tax Cuts
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report. The House Ways and Means Committee released legislative text for its portion of the COVID-19 relief package both chambers have begun advancing through the budget...
Feb 4, 2021 | Blog, In The News, Tax Cuts
TAX TIDBIT Advancing the Biden Tax Policy Agenda. With Jon Ossoff and Raphael Warnock winning both Senate runoff elections in Georgia last week, the Senate will be evenly divided 50-50 this Congress. A newly sworn-in Vice President Kamala Harris will give Democrats...
Dec 18, 2020 | Blog, In The News, Tax Cuts
TAX TIDBIT: Who Will Lead OIRA Under Biden? President-elect Joe Biden selected a host of economic experts to serve in top advisory roles early last week. If confirmed, the nominees will hold key positions in the Treasury Department, Council of Economic Advisers and...
Dec 16, 2020 | Blog, In The News, Policy And Taxation Group, Tax Cuts
On Nov. 17, the Treasury Department and the Internal Revenue Service (IRS) released the agency’s initial 2020-2021 Priority Guidance Plan (PGP), which will serve as a blueprint for forthcoming regulatory guidance from the agency between July 1 and June 30, 2021. The...