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Both the U.S. House of Representatives and the Senate are beginning the process of reconciling the two separate tax reform bills recently passed in each chamber of Congress. While there
In a late Friday night vote (actually, early Saturday morning, December 2) the U.S. Senate voted to approve the Senate Finance Committee’s modified version of the 2017 tax reform package,
On November 16, 2017, the House of Representatives approved its tax reform package, the Tax Cuts and Jobs Act that had been released out of the House Ways and Means
An updated version of the Senate Republicans’ tax reform bill includes the repeal of the Patient Protection and Affordable Care Act’s (ACA) individual mandate. Several Republican senators announced the inclusion of
Pennsylvania Governor Tom Wolf has signed legislation amending the corporate income tax net operating loss (NOL) deduction, creating a Manufacturing Innovation and Reinvestment Deduction, amending the film production tax credit
The House Ways and Means Committee advanced to the full House the proposed Tax Cuts and Jobs Act on November 9, 2017. The committee approved, along party lines, as was
Early on Monday of this week, House Ways and Means Chairman Kevin Brady (R-Texas) released a Chairman’s mark of the tax reform legislation introduced last week by the Committee. Mr.
All states imposing a sales and use tax regime are struggling to collect taxes due on sales made through the Internet and from out-of-state vendors. Recently the Commonwealth of Pennsylvania
The Commonwealth of Pennsylvania currently limits through its tax laws the amount of net operating loss from a loss year that can be carried forward and offset income in an
House Republican leaders released the first cut of the 2017 Tax Reform legislation on November 2, 2017, setting forth their plan to overhaul the United States Income Tax Code. The
Autumn is that time of year when the federal government begins to announce changes that will affect taxpayers in the coming calendar year. In this vein, the Social Security Administration
President Trump and Republican leaders in Congress unveiled a long-promised framework for tax reform on September 27, 2017. The centerpiece of Mr. Trump’s campaign, the nine-page “unified framework” for tax
