Tax Reform Reality

It may have been a few months coming, but the republican controlled Congress has finally given President Trump a significant legislative victory with this week’s passage of the Tax Cuts & Jobs Act, sending the legislation to the White House just in time for Christmas. The pundits on both sides have had plenty to say…

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Tax Reform Conferees Named

Congressional leaders have named the conferees from the US House and the US Senate who will work to narrow differences between the two different tax reform bills. House Ways and Means Committee Chairman Kevin Brady (R-TX) signaled he is open to discussing major changes to the bill in conference, including whether to hike the corporate…

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US House Kills “Death Tax”, Senate Agreement Unlikely

Well, some in Washington are at least trying to put more money back in the taxpayers’ pockets, but it’s not likely they’ll succeed in this particular effort.  The House voted last week to repeal the federal estate tax, also known as the “death tax” and currently pegged at 40% of inherited assets, by a vote…

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