Congressional Republicans are divided on whether to push a second tax bill before the midterm elections this fall. House Speaker Paul Ryan (R-WI) and President Trump believe additional tax cuts would energize the GOP base and improve Republicans’ odds of retaining control of both the House and Senate. A second tax bill would likely make… Read more »

The White House is reportedly developing a proposal to cut billions of dollars from the massive spending package that Congress passed in late March. Office of Management and Budget (OMB) Director Mick Mulvaney is taking the lead on the administration’s proposal and expects to release his plan around May 1. The administration is proposing to… Read more »

The House on Wednesday passed bipartisan legislation to modernize the IRS by improving the agency’s customer service and information technology (IT) systems. The House votes came on Tax Day, the same day that the IRS experienced a widespread systems crash that prevented millions of taxpayers from filing last-minute returns. Because its systems were down for… Read more »

ASAE and many other associations are still seeking changes or at least clarification on a handful of provisions in the tax law enacted at the end of last year. Next week, ASAE has arranged for a delegation of association leaders to meet with Treasury officials to discuss changes in the new tax law affecting fringe… Read more »

The Meetings Mean Business Coalition and leaders from across the meetings industry are joining together today for “Global Meetings Industry Day,” an international day of advocacy highlighting the economic value of meetings and conventions. Global Meetings Industry Day (GMID) was created in 2016 to enhance the profile of the meetings industry and last year involved… Read more »