GOP Tax Writers Meeting to Discuss Tax Reform

House Ways and Means Republicans will be delving into the specifics of a tax overhaul plan in meetings next week, according to Ways and Means Committee Chairman Kevin Brady (R-TX). The meetings will take place Dec. 14 and 15 after lawmakers have already likely adjourned for the holidays, according to Bloomberg BNA. Brady and House… Read more »

GOP Confident on Tax Reform in 2017

Seizing on momentum from their party’s electoral sweep last week, House Republicans are now confident that a dramatic, comprehensive overhaul of the tax code is a near certainty next year. “I’m here to tell you that tax reform is going to occur in 2017,” said House Ways and Means Committee Chairman Kevin Brady (R-TX) this… Read more »

Trump Win Could Spur Tax Reform

Following President-elect Donald Trump’s win on Nov. 8, House Republicans said this week that tax reform will be near the top of their legislative agenda for 2017. A tax code overhaul is much more probable after Trump’s win, because the tax blueprint released earlier this year by GOP tax-writers is very close to the tax… Read more »

Clinton Promises Tax Breaks for Small Businesses

Democratic presidential candidate Hillary Clinton earlier this week outlined a series of tax breaks she will push if elected to make it easier for small businesses to get started and be successful. Included in Clinton’s policy solutions is a standard deduction for small businesses to save them time and money in tracking and documenting their… Read more »

Trump, GOP in Agreement on Tax Plan

Republican presidential nominee Donald Trump is getting on the same page as congressional Republicans when it comes to overhauling the tax code. In a speech at the Detroit Economic Club on Monday, Trump outlined a series of tax and economic reforms he supports, including a revised plan to lower individual and corporate tax rates and… Read more »