Category Archives: Tax News

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Senate passes tax reform bill

In the early hours of Saturday morning, the U.S. Senate passed its version of the Tax Cuts and Jobs Act bill by a vote of 51–49.
Source: Tax News
Read More here – Senate passes tax reform bill


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Senate tax reform bill contains more changes

The version of the tax reform bill passed by the Senate Finance Committee holds several more changes affecting both individuals and businesses.
Source: Tax News
Read More here – Senate tax reform bill contains more changes


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House passes tax reform bill

The U.S. House of Representatives passed the Tax Cuts and Jobs Act bill, H.R. 1, by a vote of 227–205.
Source: Tax News
Read More here – House passes tax reform bill


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Senate Finance Committee modifies tax reform proposal

The revised chairman’s mark of the Senate tax reform bill contains many significant changes to the proposed legislation.
Source: Tax News
Read More here – Senate Finance Committee modifies tax reform proposal


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House Ways and Means approves amended Tax Cuts and Jobs bill

The committee voted to send an amended version of the Tax Cuts and Jobs tax reform bill to the full House.
Source: Tax News
Read More here – House Ways and Means approves amended Tax Cuts and Jobs bill


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Senate tax reform bill differs from House version in many ways

Differences include tax rates, treatment of various deductions and a delay in the reduction of the corporate tax rate.
Source: Tax News
Read More here – Senate tax reform bill differs from House version in many ways


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Foreign income provisions in the Tax Cuts and Jobs Act

The House’s tax reform bill would make many changes to the taxation of US companies’ foreign subsidiaries.
Source: Tax News
Read More here – Foreign income provisions in the Tax Cuts and Jobs Act


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House bill features many business tax changes

The House tax reform bill contains a large number of proposed changes that would affect businesses.
Source: Tax News
Read More here – House bill features many business tax changes


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What the House tax bill holds for individuals

From new tax rates to fewer deductions, credits, and exclusions, the tax reform bill released by the House would have wide-ranging effects on the taxation of individuals.
Source: Tax News
Read More here – What the House tax bill holds for individuals


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Details of tax reform legislation revealed

The Tax Cuts and Jobs Act released by the House Ways and Means Committee incorporates many of the provisions listed in the Republicans’ September tax reform framework while providing new details.
Source: Tax News
Read More here – Details of tax reform legislation revealed