Kevin Brady, Trump, House Ways and Means

House Republicans and the White House Working on “Tax Cuts 2.0”

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Republican members of the House of Representatives’ Ways and Means Committee and the Trump Administration are working together to develop a “Tax Cuts 2.0” outline similar to the “framework” that was released in September 2017, as a precursor to the Tax Cuts and Jobs Act (TCJA). Ways and Means Committee Chairman Kevin Brady (R-TX) recently […]

President Trump and House Republicans Planning Phase Two of Tax Reform

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Never mind that taxpayers and tax practitioners alike are struggling to learn and understand the many nuances of the Tax Cuts and Jobs Act (TCJA) signed into law by the President on December 22, 2017. Never mind that the law, as passed, includes many ambiguities and unanswered questions that may require Congressional action, through a […]

Here We Go…the House Tax Reform Bill is Released

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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 bill, the “Tax Cuts and Jobs Act,” includes a broad set of proposed changes to the corporate and individual tax regimes included in the current […]