Weekly Report from Washington, D.C.
House lawmakers voted to repeal a key funding mechanism for the Patient Protection and Affordable Care Act (PPACA) (P.L. 111-148): the medical device tax. The…
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Lawmakers took up trade legislation, which included some tax-related provisions during the week of June 8 but the House failed to approve a portion of…
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Lawmakers sought answers from the IRS about the cyberattack that resulted in the theft of personal information of some 100,000 taxpayers. IRS Commissioner John Koskinen…
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Senate Finance Committee leaders on May 21 said they are extending the deadline for the tax reform working groups to complete their analysis and will…
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The House approved legislation providing short-term funding for the Highway Trust Fund, as well as legislation to make permanent the research tax credit. The Senate…
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The House approved legislation clarifying that federal and state benefits for fallen public safety offers should be treated the same in the tax code. Another…
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Sen. Charles E. Schumer D-N.Y., a member of the Senate Finance Committee (SFC) international tax working group, expressed optimism that reform in that area will…
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House Ways and Means Committee Chairman Paul Ryan, D-Wis., expressed his belief that the best way to achieve momentum on tax reform is to get…
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The House Ways and Means and Senate Finance Committee each approved legislation that would extend the Health Coverage Tax Credit (HCTC) for individuals affected by…
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Congress was busy during the week of April 13, with the House passing legislation that would repeal the estate tax, provide additional IRS oversight and…
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