Top Senate Tax Writers Call for Action on SECURE Act
Senate Finance Committee (SFC) Chair Chuck Grassley, R-Iowa, and
other top Senate tax writers are calling for Senate action on the
bipartisan Setting Every Community Up for Retirement Enhancement
Secu...
Treasury, IRS Release Draft Opportunity Zone Reporting Form
Treasury and the IRS on October 31 announced the release of a new,
draft form implementing certain reporting requirements under the
Tax Cuts and Jobs Act Opportunity Zone program....
Proposed Regs Address Terminated S Corporation Distributions
The IRS has proposed regulations that define an eligible terminated
S corporation (ETSC), and provide rules relating to distributions
of money by an ETSC after the post-termination transition period
(...
All eyes on tax reform in 2017
Congress ended 2016 passing a few targeted tax bills and lawmakers
focused on the incoming Trump administration and tax reform in
2017. President-elect Donald Trump campaigned on tax cuts for
individu...
Major tax changes expected under Trump Administration
One month after the presidential election, taxpayers are learning
more about President-elect Donald Trump’s tax proposals for his
administration. Although exact details, including legislative la...