Trump Signs Legislation Expanding Religious Exemption for ACA Individual Mandate
Tax-Related Portion of the Substance Use–Disorder Prevention that Promotes Opioid Recovery and Treatment (SUPPORT) for Patients and Communities Act, Enrolled, as Signed by the President on October 24, 2018, P.L. 115-271 President Donald Trump has signed bipartisan legislation, which expands a…
Read moreGOP to Move Tax Bills During Lame-Duck Session
Congressional Republicans are looking to move forward with certain legislative tax efforts during Congress’s lame-duck session. The House’s top tax writer, who will hand the reins to Democrats next year, has reportedly outlined several tax measures that will be a…
Read moreDemocratic Senators Introduce Retirement Savings Bill to Restore Obama-Era MyRA Program
The Senate Finance Committee’s (SFC) top ranking Democrat has introduced a bill to restore a retirement savings program known as myRA that was terminated by Treasury last year. The myRA program was created by former President Obama through an Executive…
Read moreBrady: New Middle-Income Tax Cut Conditionally Expected in 2019
A new, 10 percent middle-income tax cut is conditionally expected to be advanced in 2019, according to the House’s top tax writer. This timeline, although largely already expected on Capitol Hill, departs sharply from President Donald Trump’s original prediction that…
Read moreRettig Wants to Modernize IRS and Continue to Implement TCJA
IRS Commissioner Charles Rettig gave his first speech since being confirmed as the 49th chief of the Service at the American Institute of CPAs (AICPA) November 13 National Tax Conference in Washington, D.C. “You’re going to see things [I do] and…
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