Treasury Department analysts now estimate the 10-year cost of the huge tax law enacted by Congress last year at $2.3 trillion, assuming that tax breaks for individuals will be extended past 2025. According to POLITICO, added revenue generated by the tax cuts themselves would fall short of offsetting the cost of the legislation by between… Read more »

The Supreme Court on Monday declined the Trump administration’s request to review lower court decisions that are keeping the Deferred Action for Childhood Arrivals (DACA) program in place. President Trump announced last fall that he would let the DACA program expire in March unless Congress acted to extend protections for DACA-enrolled undocumented immigrants brought to… Read more »

ASAE will present Rep. Debbie Dingell (D-MI) and Rep. Scott Taylor (R-VA) with a 2018 Sentinel Award during American Associations Day March 21 in Washington, DC. ASAE will also present Wendy Kavanagh, CAE, president of the Georgia Society of Association Executives (GSAE), with ASAE’s Association Political Leadership Award, for her stalwart support of ASAE’s advocacy… Read more »

The Trump administration announced this week it will rewrite rules to extend the time consumers can rely on short-term health plans to a year at a time. These short-term plans, which were intended to be a solution for people between jobs, do not have to comply with the Affordable Care Act’s benefits requirements and can… Read more »

Congress cleared a budget deal earlier this month that sets new caps on how much the government can spend over the next two years, but must still pass an omnibus package next month with detailed spending levels for each federal program for the rest of fiscal 2018, which ends Sept. 30. Top-line funding levels for… Read more »

The White House this week released a long-awaited plan to overhaul the nation’s infrastructure, focused on investments in rural America and letting state and local governments prioritize projects. The $1.5 trillion plan includes a $200 billion investment from the federal government, which President Trump said will “strengthen the economy, make our country more competitive, reduce… Read more »

A Virginia federal appeals court ruled earlier today that the latest version of President Trump’s travel ban is unconstitutional, though the Supreme Court has ordered the ban can stay in full effect until it takes up the case this spring. The Richmond, VA-based 4th Circuit Court of Appeals ruled 9-4 that the Trump administration’s third… Read more »

Top Treasury officials said this week they are moving quickly to draft regulations for the tax law enacted late last year, and are not counting on Congress to pass a technical corrections bill. Congress ushered in sweeping changes to the tax system just before the end of the year, including numerous changes that impact the… Read more »

ASAE is asking its members to respond to its annual advocacy priority survey and help shape the organization’s legislative agenda for the remainder of the year. ASAE works hard to be a leader on legislative, regulatory, and legal issues that impact association management. Last year ASAE members – large and small – played a very… Read more »

President Trump confirmed today he will nominate California tax attorney Charles Rettig to head the Internal Revenue Service (IRS). Rettig would serve a seven-year term if confirmed by the Senate. He would replace David Kautter, who has been acting commissioner since John Koskinen left at the end of his term in November. Rettig is currently… Read more »