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Democratic Rep. Gwen Moore introduced legislation to expand the Section 199A Qualified Business Income deduction for the smallest businesses.
May 8 -
The state and local tax issue has been one of the most contentious for the House GOP to resolve.
May 8 -
Lawmakers have separately discussed eliminating a tax deduction for pharmaceutical advertising.
May 8 -
Jason Smith said he will to strike a balance between those who want no limit on the state and local tax deduction and those who want no write-off at all.
May 7 -
A pair of bills would coordinate Pell Grants with the AOTC, and provide a tax deduction for overtime pay.
May 6 -
A relatively smooth filing season offered a lot to learn about the future of the IRS, the importance of tax planning, changes in liability patterns, and more.
May 6 -
Donald Trump's promise to strip Harvard University of its tax-exempt status prompted criticism from former IRS commissioner Charles Rettig.
May 2 -
Trump posted the announcement after weeks of threatening an Internal Revenue Service review of the Ivy League's tax-free treatment.
May 2 -
Key House Republicans discussed ways to direct an expanded state and local tax deduction to those making less than $400,000.
May 1 -
Republican lawmakers pushing for the expansion of the state and local tax deduction are slated to meet with House Speaker Mike Johnson about the $10,000 cap.
April 30