The US House of Representatives is scheduled to vote on a follow-up tax reform package later today that, among other provisions, would make the individual tax cuts passed last December permanent. Tax Reform 2.0 is a three-bill package that includes the Protecting Families and Small Business Tax Cut Act of 2018 (H.R.6760), the Family Savings Act (H.R.6757) and the American Innovation Act of 2018 (H.R. 6756). Among some of its provisions, Tax Reform 2.0 makes the 20% deduction for so-called pass-through businesses permanent; changes retirement and education account restrictions and creates a new tax-deferred savings program; along with allowing new businesses to deduct up to $20,000 in certain start-up costs within the year they are incurred. Despite the likelihood of passing the House, there seems to be little chance that the bills will clear the Senate this year.