Corporate Taxes, Internal Revenue Code (IRC), Budget Reconciliation

House confirms favorable modifications to three key business tax provisions

Eversheds Sutherland (US) LLP on 5/15/2025

On May 12, 2025, the Republicans on the House Committee on Ways and Means released a draft bill showing their tax plan for the budget reconciliation legislation. The legislation will likely undergo significant changes as it...more

The Tax and Trade Outlook from Washington, D.C., for Equine Businesses

Holland & Knight LLP on 4/11/2025

As Congress shifts into gear on the budget reconciliation process and tax day approaches, there are several key issues for horse owners to keep in mind. In the 119th Congress, there are two proposals that have been...more

Countdown to Tax Changes: Navigating Budget Reconciliation 2025

Lippes Mathias LLP on 3/19/2025

As the clock ticks down to the end of 2025, the impending sunset of key provisions of the Tax Cuts and Jobs Act (“TCJA”) looms large, threatening tax hikes for millions of Americans. With Congress at a crossroads, the...more

President's Remarks Keep the Pressure on Congress to Deliver on Taxes

K&L Gates LLP on 3/7/2025

President Trump used his 4 March 2025 address to the joint session of Congress to remind the American public and Congressional leaders that he is serious about adding his imprimatur to the tax code—and in the process adding...more

Possible Tax Reforms Could Run Up Against Deficit and Debt Concerns

Skadden, Arps, Slate, Meagher & Flom LLP on 1/21/2025

Key Points - - Many of the tax reform suggestions President-elect Trump floated during the campaign would result in significant revenue loss, which could mean they will face resistance from Republicans concerned about...more

U.S. Tax Reform Proposal Highlights Potential Sweeping Changes

Jones Day on 10/11/2017

The Situation: The Trump Administration, in collaboration with the House and Senate, has introduced a Framework for tax reform legislation that could bring sweeping changes to U.S. tax laws....more