Taxes Articles

Family Businesses Crave Consistency and Permanency in New Tax Legislation

Pat Soldano’s latest article, “Family businesses crave consistency and permanency in new tax legislation“, published by Family Business Magazine, explores the latest tax policy developments, including the potential extension of the 2017 Tax Cuts and Jobs Act (TCJA),...

An Appropriate Valentine: House and Senate Stake Budget Positions

Republicans in Congress this week continue to discuss ways to move forward President Trump’s legislative agenda through budget reconciliation. The House and Senate Budget committees passed budget resolutions that completely differ in their path forward. This is all...

Taxation & Representation: Reconciliation Bill Update: Key Issues to Watch

Reconciliation Update – Senate Tees Up Budget Resolution Markup While House Remains Deadlocked: On Feb. 7, Senate Budget Committee Chairman Lindsey Graham (R-SC) released an initial Fiscal Year (FY) 2025 Budget Resolution, as well as summary tables, as the committee...

Smucker and Daines Re-Introduce Bills to Permanently Extend 199A in IRS Code to Keep Pass-Through Entities Competitive

Rep. Lloyd Smucker, Sen. Steve Daines Re-Introduce Bills to Permanently Extend Section 199A in IRS Code to Keep Pass-Through Entities Competitive Bipartisan legislation Supported by 152 House Members, Most Co-Sponsored Bill This Season House Member Rep. Lloyd...