Jul 9, 2018 | Blog, Estate Tax, Tax Cuts
Before leaving for last week’s Fourth of July Recess, Ways and Means Committee Member Rep. Kenny Marchant (R-TX) introduced H.R. 6228, which would permanently increase the estate and gift tax exemption from $5 million to $10 million. As we have previously reported,...
Jun 29, 2018 | Blog, Tax Cuts
House Ways and Means Committee Chairman Kevin Brady (R-Texas) said that tax-cut legislation he hopes to unveil in August will include a package of bills, the centerpiece of which will be a proposal to make some individual and business tax cuts permanent. “I...
Jun 1, 2018 | Blog, Tax Cuts
Politico: MARK YOUR CALENDARS: Might there be another tax vote in Congress around the time fall rolls in? House Ways and Means Chairman Kevin Brady said on Tuesday that he hopes the GOP can have a new tax bill introduced by the time Congress leaves for its August...
May 31, 2018 | Blog, Family Businesses, Tax Cuts
TAX POLICY: THE POLITICS OF IT ALL Last year was a historic year for tax reform with the “Tax Cuts and Jobs Act of 2017”. Families and their businesses were helped and hurt at the same time. Over the years, tax law has changed many times due to various...
May 30, 2018 | Blog, Tax Cuts
I wanted to share the below that was published by Tax Notes on Friday, May 25th, 2018. The White House is working with House and Senate tax writers to draft a second phase of tax cuts, with the goal of unveiling a legislative package before the summer is out, a top...
Apr 19, 2018 | Blog, Tax Cuts
By Anna Edgerton; Bloomberg BNA The House will hold a vote this year to make individual tax cuts permanent, according to House Speaker Paul Ryan, even though the effort is unlikely to become law during this Congress. The speaker’s comments signal the GOP is...
