Senate Likely to Clear Tax Bill Tonight

Senate leaders are still working on changes to the GOP tax bill, but key holdouts are falling in line in support of the effort and Majority Leader Mitch McConnell (R-KY) predicted earlier today that he will hold a final vote on the bill either tonight or Friday morning. In the meantime, senators continue to advocate… Read more »

Share Your Royalties Story with ASAE

ASAE is collecting stories about how the taxation of royalty income would impact associations, with the goal of sharing those specific examples with Senate offices prior to next week’s expected floor vote. ASAE has been working to change a provision in the Senate tax bill that would subject royalty income derived from the licensing of… Read more »

House GOP Clears Tax Bill

The House this afternoon easily passed a sweeping tax bill that brings congressional Republicans and President Trump one step closer to the major legislative victory they are desperately seeking before the end of the year. President Trump visited Capitol Hill earlier in the day ahead of the vote to rally support but no arm-twisting was… Read more »