Tax Reform Group

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On Wednesday, December 20, 2017, the House of Representatives voted to pass the most significant tax reform legislation in three decades (the “Act”) just hours after the Senate passed the measure. The legislation’s provisions will affect a broad range of taxpayers, making substantial changes to the taxation of businesses, individuals, and tax-exempt organizations, and adding significant complexity to the international tax regime. The Act will now be sent to President Trump’s desk, and it is…
On Thursday, November 2, 2017, House Republicans introduced the Tax Cuts and Jobs Act, their long-awaited tax reform legislation, followed quickly by an amendment introduced on Monday, November 6 by House Ways and Means Committee Chair Kevin Brady. The bill is expected to evolve significantly in the coming days and weeks. Meanwhile, the Senate is working on its own tax reform proposals. If enacted in its current form, the bill would produce the most sweeping…