Income Taxes Articles

Ways and Means Releases Budget Reconciliation Text

Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report.The House Ways and Means Committee released legislative text for its portion of the COVID-19 relief package both chambers have begun advancing through the budget...

Tax and Financial Services Week Ahead

Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report.Over the Weekend Appearing on the Sunday talk shows, Treasury Secretary Janet Yellen advocated for President Biden’s American Rescue Plan partially in response to...

Taxation & Representation

TAX TIDBIT: Who Will Lead OIRA Under Biden? President-elect Joe Biden selected a host of economic experts to serve in top advisory roles early last week. If confirmed, the nominees will hold key positions in the Treasury Department, Council of Economic Advisers and...

IRS Releases Priority Guidance Plan

On Nov. 17, the Treasury Department and the Internal Revenue Service (IRS) released the agency’s initial 2020-2021 Priority Guidance Plan (PGP), which will serve as a blueprint for forthcoming regulatory guidance from the agency between July 1 and June 30, 2021. The...