Income Taxes Articles

Taxation & Representation: Shutdown & Tax Changes – Key Updates for Family-Owned Businesses Ahead

Government Shutdown Outlook: On Sept. 29, House and Senate majority and minority leaders, also known as the “Big 4,” met with President Trump to discuss the imminent federal government shutdown.   The meeting ended without an agreement, leaving the government on...

Weekly Washington Policy Update: Senate Votes Down CRs, Why Family Businesses Must Stay Alert

Senate Votes Down Dueling CRs: The Senate on Friday failed to advance a short-term continuing resolution (CR) (H.R. 5371), which had passed earlier in the House, to fund the government through Nov. 21 and avert a shutdown ahead of the Sept. 30 deadline. The Senate...

Taxation & Representation: What Family Owned Businesses Must Know: FY26 Appropriations and OBBBA Updates

FY26 Appropriations Outlook: House Republicans are weighing options to avoid a government shutdown as the Sept. 30 funding deadline approaches, with some movement toward a short-term stopgap plan. Freedom Caucus Chairman Rep. Andy Harris (R-MD), who pushed for a...

Taxation & Representation: Congress debates IRS cuts & new tax rules — what family businesses must know

Congress Weighs FY2026 Funding for IRS, OECD and DOJ Tax Division: As Congress returns this week, lawmakers face a four-week window to resolve differences over government funding for fiscal year 2026 (FY2026). This includes disputes regarding Internal Revenue Service...