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General |
07.03.2025 | House clears massive tax and spending cut bill for President's signature, 218-214; July 4 signing ceremony expected |
05.22.2025 | House approves Republican budget reconciliation bill |
05.21.2025 | House reconciliation manager's amendment makes tax changes |
05.12.2025 | Ways and Means tax amendment precedes markup |
05.10.2025 | Ways and Means Sets Reconciliation Markup with Preliminary Bill |
05.02.2025 | House Financial Services approves $1 billion in budget reconciliation savings targeting PCAOB, Consumer Bureau |
Accounting Methods & Inventories |
06.05.2025 | Tax reconciliation bill passed by the House would expand and make permanent the qualified business income deduction (IRC Section 199A) |
05.21.2025 | Tax reconciliation bill passed by Ways and Means would significantly affect cost recovery and accounting method provisions |
Compensation & Benefits |
05.22.2025 | House-passed tax bill contains provisions affecting compensation and benefits, including eliminating taxes on tips and overtime |
Credits & Incentives |
05.16.2025 | House Ways and Means Committee's tax reconciliation bill proposes modifications to low-income housing credit |
05.15.2025 | Proposed tax bill would phase out or repeal many energy credits in Inflation Reduction Act |
05.16.2025 | Tax reconciliation bill passed by House Ways & Means Committee would affect tax incentives and rules for Opportunity Zones |
Exempt Organizations & Government Entities |
05.22.2025 | House reconciliation bill would modify provisions affecting tax-exempt entities |
Financial Services |
06.03.2025 | House-passed HR 1 contains new information reporting and withholding provisions |
06.02.2025 | Proposed IRC Section 899 would affect certain asset management entities |
05.22.2025 | House-passed tax bill changes proposed excise tax for remittance transfers to 3.5% |
05.21.2025 | New 5% excise tax proposed for remittance transfers |
05.16.2025 | New IRC Section 899 would increase tax rates and expand BEAT for certain inbound taxpayers |
Individuals |
06.05.2025 | Tax reconciliation bill passed by the House would expand and make permanent the qualified business income deduction (IRC Section 199A) |
05.29.2025 | Tax reconciliation bill passed by House could significantly affect individual taxpayers |
International Taxation |
06.02.2025 | Proposed IRC Section 899 would affect certain asset management entities |
05.28.2025 | US House approves tax reconciliation bill, with minor rate changes in international tax provisions |
05.16.2025 | New IRC Section 899 would increase tax rates and expand BEAT for certain inbound taxpayers |
05.16.2025 | US House Ways and Means Committee approves tax reconciliation bill, including several international tax provisions |
State & Local Taxation |
05.29.2025 | House-passed tax bill could have state income tax implications |
05.20.2025 | Tax reconciliation bill approved by House Ways & Means Committee could have state income tax implications |