CCH Weekly Report from Washington

Congress was in recess during the week of May 4. Lawmakers are expected to return to Washington on May 7. Congress House. House Ways and…

During the week of April 23, lawmakers continued to discuss tax law changes under the Tax Cuts and Jobs Act, as well as the possibility…

It was a busy week in Washington as the House passed several bills that aim to reform the IRS. Meanwhile, the IRS’s computer system suffered…

The House Ways and Means Committee approved a bipartisan IRS reform package. A House floor vote is expected the week of April 16. White House…

Congress remained in recess during the week of April 2. Lawmakers are expected to return to Washington, D.C., on April 9. Congress Senate. The Senate…

President Trump signed a $1.3 government spending bill, which contains several tax provisions and increases funding for the IRS. House Ways and Means Chairman Kevin…

The Trump administration and House Republicans are working on a “phase-two” of tax reform. Additionally, an IRS reform bill is expected to be released from…

Congress remains focused on post-tax reform legislation infrastructure proposals. A fiscal year 2018 omnibus spending bill could be released by the House as early as…

The IRS plans to issue regulations clarifying the new three-year holding period for certain carried interests. Additionally, the IRS released a new withholding calculator. Congress…