In This Issue:
- Tax Tidbit
- Legislative Lowdown
- RegWatch
- 1111 Constitution Avenue
- At a Glance
- Brownstein Bookshelf
- Regulation Station
...more
Tax Tidbit -
Regulators have until June 22 to finalize guidance on the Tax Cuts and Jobs Act (P.L.115-97). The 18-month mark since the legislation was signed into law is quickly approaching. The Treasury Department and...more
5/29/2019
/ Cybersecurity ,
GAO ,
Gig Economy ,
Income Taxes ,
IRS ,
IRS Commissioner ,
Legislative Agendas ,
Regulatory Agenda ,
Retirement Plan ,
Roth IRA ,
Senate Finance Committee ,
Tax Cuts and Jobs Act ,
Tax Reform ,
Trump Administration ,
U.S. Treasury
In This Issue -
- Tax Tidbit
- Legislative Lowdown
- RegWatch
- 1111 Constitution Avenue
- 2020 Vision
- At a Glance
- Brownstein Bookshelf...more
TAX TIDBIT -
SPOILER ALERT: The following piece contains Game of Thrones and Avengers Endgame spoilers—nothing that you probably would not have guessed on your own. But, we would rather not be responsible for ruining a...more
IN THIS ISSUE -
Tax Tidbit -
Legislative Lowdown -
- Congress’s Kumbaya Moment
- Biodiesel Tax Credit
- Moore Trouble for Fed Pick
- And the Results Are In
1111 Constitution Avenue...more
4/16/2019
/ Income Taxes ,
IRS ,
Markups ,
Oil & Gas ,
Production Tax Credit ,
Proposed Legislation ,
Qualified Business Income ,
Senate Finance Committee ,
Tax Credits ,
Tax Deductions ,
Tax Reform ,
Ways and Means Committee
Committee Unanimously Passes Retirement, Tax Administration and Reemployment Services Legislation -
On April 2, the House Ways and Means Committee convened to markup retirement, tax administration and reemployment services...more
IN THIS ISSUE -
Tax Tidbit -
- $43,060,000,000
Legislative Lowdown -
- Extenders: Contenders or Pretenders?
- Better Later Than Never
- Democrats Budge on Budget
...more
The restaurant, retail and hospitality industries, among others, will be negatively affected by the qualified improvement property (QIP) drafting error in the Tax Cuts and Jobs Act (TCJA) (P.L. 115-97). This mistake will...more
MEET THE MEMBERS -
Now that everyone is familiar with the new House Ways and Means Committee members, it’s time to meet the newbies in the upper chamber’s tax writing committee: the Senate Finance Committee. Joining the...more
2/27/2019
/ Charitable Donations ,
Child Care ,
Earned Income Credit ,
GILTI tax ,
Income Taxes ,
IRS ,
Protecting Americans from Tax Hikes (PATH) Act ,
Reporting Requirements ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exempt Entities ,
Ways and Means Committee
MEET THE MEMBERS -
Congratulations! You have officially met all of the new faces in this session’s House Ways and Means Committee. For our final installment of Meet the Members, we introduce you to the two remaining...more
MEET THE MEMBERS -
Now just over a month into the 116th Congress, the tax writing committees have been formally announced, and we at Brownstein want to introduce you to all of the new faces. This week, we feature new House...more
2/6/2019
/ Appropriations Bill ,
Bipartisan Budget Act ,
Congressional Committees ,
Death Tax ,
Debt Ceiling ,
Estate Tax ,
Federal Budget ,
GILTI tax ,
Government Shutdown ,
IRS ,
Opportunity Zones ,
Presidential Nominations ,
Repeal ,
Senate Confirmation Hearings ,
Tax Extenders
MEET THE MEMBERS -
Welcome to the next installment of Meet the Members, where we take a look at the House Ways and Means newbies. In this week’s trio, we meet Reps. Ron Estes (R-KS), Dwight Evans (D-PA) and Jimmy Panetta...more
TAX TIDBIT -
Welcome to the 116th Congress! Congressional members have been sworn in and are back in Washington. The big caveat — the U.S. government remains shut down for the foreseeable future as we hurtle towards tax...more
1/10/2019
/ Appropriations Bill ,
Congressional Committees ,
Corporate Taxes ,
EU ,
Government Shutdown ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Legislative Agendas ,
Revenue & Taxation Code ,
Tax Cuts and Jobs Act ,
Tax Returns ,
Technology
On Nov. 26, 2018, the Department of the Treasury and the Internal Revenue Service issued proposed regulations under Section 163(j) of the Internal Revenue Code regarding the limitation on the deduction for business interest...more
TAX TIDBIT -
With the midterm elections just weeks away, both parties have been hitting the campaign trail hard, strutting their stuff to win over voters.
...more
10/2/2018
/ Congressional Committees ,
Congressional Investigations & Hearings ,
Corporate Taxes ,
Federal Budget ,
GAO ,
General Elections ,
GILTI tax ,
Income Taxes ,
IRS ,
LIHTC ,
Pending Legislation ,
Safe Harbors ,
SALT ,
Tax Reform
On Aug. 8, 2018, the Department of Treasury issued proposed regulations under Section 199A of the Internal Revenue Code (“Code”) regarding the 20-percent deduction for passthrough businesses.
...more