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Tax Bill Proposes Trillions in Tax Cuts and Significant Tax Increases

The race to remake portions of the Internal Revenue Code (Code) and to prevent expiration of certain Tax Cuts and Jobs Act (TCJA) provisions has begun, with House Ways & Means Committee proposals (the Markup) to spend...more

House and Senate Advance President Biden's Far-Reaching 2021 Tax Changes

The House Ways and Means Committee this week released draft legislation advancing various tax change proposals. The House action follows several recent releases by the Senate Finance Committee, including proposals focused on...more

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