A big takeaway from Tuesday’s elections was that health care – specifically, Obamacare’s expansion of Medicaid – is of great importance to many voters. In Virginia, where the GOP-controlled House of Delegates had blocked Medicaid expansion for years, voters elected a whole slate of Democratic candidates who have pressed for Medicaid expansion that would cover… Read more »

IRS Commissioner John Koskinen gave a farewell news conference earlier this week and bluntly said Congress is to blame for many of the agency’s shortcomings because it failed to provide adequate funding. “I don’t want anybody to say they weren’t warned,” Koskinen told reporters. “I have not been shy. I have been concerned with funding… Read more »

Category: IRS

Senate leaders have shared a “conceptual mark” of their tax plan that is markedly different from the tax bill moving through the House. The Senate plan is being presented as a narrative, rather than actual bill text, to allow for more “fulsome and engaged discussion,” according to a statement from the Senate Finance Committee. Senate… Read more »

Ways and Means Republicans advanced the Tax Cuts and Jobs Act this afternoon after Chairman Kevin Brady (R-TX) made a few revisions, including a change that preserves the deferred compensation arrangements that many associations use to attract and retain top executives. ASAE delivered a sign-on letter to House and Senate tax-writers last night expressing concern… Read more »

ASAE is proud to recognize the following 2017 Power of A Silver Award winners for their efforts to develop and showcase their industry value and benefits. American Cheese Society – The Safe Cheesemaking Hub In March 2017, ACS launched The Safe Cheesemaking Hub. The hub is a website which grew out of meetings with a… Read more »