ACA Repeal Bill Gains Momentum

The September 30 deadline for healthcare legislation to pass the Senate using a simple majority is looming. Legislation from Senators Lindsey Graham (R-SC) and Bill Cassidy (R-LA) seems to be gaining speed and is expected to face a vote in the Senate next week. Known as Graham-Cassidy, the plan would cut federal funding for healthcare… Read more »

Senate Makes Progress on Budget Resolution

Senator Bob Corker (R-TN) and Senator Pat Toomey (R-PA), key Republican Senate leaders on the Budget Committee, appear to have reached an agreement on a budget resolution that would allow for tax cuts over a 10 year period. The budget resolution is a critical piece necessary to unlock reconciliation rules to pass tax reform on a simple majority. According to The Hill, the resolution will call… Read more »

Tax Reform Framework Expected Next Week

Discussions are ongoing between the administration and Congress on how to reform the tax code. Republican leadership in Congress and the White House plan to release a tax reform framework next week. The contents of the framework and to what extent it will focus on policy remains to be seen. Business leaders and lawmakers are hoping this will… Read more »

IRS Proposes Security Change to W-2 Tax Form

The IRS has proposed obscuring employee social security numbers on the W-2 form. A public comment period will be open until December 18. In the proposal the first five digits would be obscured or replaced with a symbol. The final four digits will remain clear.   The goal of the change is to protect employees from identify theft…. Read more »

Associations Respond to Aid Harvey Victims

Houston Association of Realtors offers hurricane relief after Harvey “The Houston Association of Realtors has dedicated a portion of their website to help people find temporary shelter. This database allows agents, sustained homeowners, landlords and property managers to post available living arrangements on a temporary basis (ranging from one to 12 weeks).”   Texas Country… Read more »