Income Taxes Articles

Tax Update: House Approves Senate Reconciliation Package

Today, the House approved the Senate’s version of Republicans’ multi-trillion-dollar reconciliation package, known as the One Big Beautiful Bill Act (H.R. 1), by a vote of 218-214, with Reps. Brian Fitzpatrick (R-PA) and Thomas Massie (R-KY) joining all Democrats in...

Senate Concludes OBBBA Vote-a-Rama

The Senate approved a revised version of the One Big Beautiful Bill Act (OBBBA) (H.R. 1) on July 1, concluding a vote-a-rama that began the morning of June 30 and lasted over 24 hours.   Consideration was further delayed after Sen. Thom Tillis (R-NC) announced his...

Tax Update: Senate Passes Reconciliation Package

Moments ago, the Senate passed Republicans’ multi-trillion-dollar reconciliation package, known as the One Big Beautiful Bill Act (H.R. 1), by a vote of 51-50, with Vice President J.D. Vance casting a tie-breaking vote in favor of passage.   Sens. Susan Collins...

Tax Update: Congressional Republicans Racing to Complete Tax Package

House and Senate Republicans are charging toward their self-imposed July 4 deadline for passage of their multi-trillion-dollar reconciliation package, the One Big Beautiful Bill Act (H.R. 1), with Senate Majority Leader John Thune (R-SD) pledging to bring the Senate...