After 31 years, Congress delivers historic tax reform just in time for the New Year! Yesterday, Congress passed the Tax Cuts and Jobs Act that cuts taxes for American families and businesses, makes filing simple and easy, and closes loopholes that rigged the economy for too long. The President is expected to sign the bill […]
Washington’s lawmakers have a lot on their to-do list as summer ticks away, as it always seems to do…but we’re encouraged that this month Congress seems ready to pivot their efforts toward tax reform. The White House and Congressional leaders seem steadfast on getting tax reform done this year. This month, the congressional tax-writing committee […]
At the last tax reform event, the National Association of Manufacturers (NAM) 2017 Manufacturing Summit, Speaker Paul Ryan promised to deliver permanent tax reform in 2017. He called attention to the fact Congressional leadership has been given a once-in-a-generation opportunity to complete tax reform. Speaker Ryan called for the three things business owners need to […]
It is past time for proper tax reform in this country – everyone agrees on that. However, Congress is still struggling to deliver on legislation or a timeline to support their proposal. Most recently, Representative Peter Roskam (R-IL) announced that the House Ways and Means Committee will be holding yet another hearing on Thursday, July […]
Get your BBQ’s and sparklers ready – the Fourth of July holiday is here! Along with hot dogs and hamburgers, American taxpayers and businesses need a big serving of tax reform this summer. Last week, House Speaker Paul Ryan delivered his first major speech on tax reform in Washington, D.C. Throughout the speech, he promised […]
Yesterday, U.S. House Speaker Paul Ryan delivered his first major speech on tax reform at the National Association of Manufacturers 2017 Manufacturing Summit in Washington, D.C. Folks could speculate that the speech comes at a time when tax reform has lost momentum on Capitol Hill and has lost the attention of the White House, so […]
It may be hard for Congress not to get distracted by the controversies in Washington, but if the Republicans don’t buckle down and focus on tax reform, they may no longer hold the majority in 2018 to further their agenda. This would be a monumental and historic waste of the control handed to them by […]
This month, two Congressional Committees – the House Ways and Means Committee (the tax-writing committee) and the Senate Finance Committee — held hearings on tax reform with testimony from Treasury Secretary Steve Mnuchin. Ways and Means Chairman Kevin Brady (R-TX-8) started off their hearing stating, “Today, our Committee is focused on a top priority for […]