Episode 26: Talking Tax Reform and Executive Comp
Can the House Pass a Budget Resolution This Week? The House is back from recess, so both chambers of Congress are in session this week (although the House is out again on Friday). With 18 days left to pass a budget before...more
Ohio’s Biennial Budget Bill (H.B. 33) was signed into law by Governor DeWine on July 4, 2023. The Bill focused on investments to boost Ohio economic development, education, and healthcare, but also included significant cuts...more
Federal interest rates were largely stable in August of 2021.The August applicable federal rate ("AFR") for use with a sale to a defective grantor trust, self-canceling installment note ("SCIN") or intra-family loan with a...more
In Washington: The Internal Revenue Service (IRS) is planning to extend the tax-filing deadline to mid-May, according to two top House Democrats. A news release Wednesday from House Ways and Means Committee Chairman Richard...more
White House Director of Legislative Affairs Marc Short told reporters last week that the Trump Administration has been working with the House Ways and Means Committee Chairman Kevin Brady and the Senate Finance Committee on a...more
Mid-Way Point of the Utah Session: We are at the mid-way point of the Utah Legislative Session. The pace of work increases and each day gets longer the closer we get to the midnight finish on the 45th day of the session....more
D.C. is humming this week, as the Senate and House are both in session after taking turns on recess the past two weeks. 401(k) Pre-Tax Deferrals: An Endangered Species? After being overshadowed by ACA repeal-and-replace...more
A gas (tax) explosion was diverted this week in the House Finance Committee. If you will remember, last week House Speaker Beth Harwell announced she was working on an amendment to the transportation plan. Well, Rep. David...more
Well, our two-week break didn't last long. We're back because Gov. Haslam made a HUGE announcement last week. The governor introduced the IMPROVE Act, “Improving Manufacturing, Public Roads and Opportunities for a Vibrant...more
The November general election obviously represents a sea change in how business will be conducted at the Minnesota state capitol when legislators return to work on January 3, 2017. House Republicans will enjoy a comfortable...more
The second year of the 89th Session of the Minnesota Legislature began Tuesday, March 8, 2016. Only 10 weeks remain in the brief legislative session. This first week of session highlighted the significant partisan divide with...more
Under the Dome: Inside the Maine State House provides a high-level overview of recent activity at the Maine State House. Legislature Delays Passage of a Tax Conformity Bill - The Appropriations Committee worked on...more
After 10 years of budget deficits, the Minnesota Legislature convened in January to set the state’s biennial budget with a projected $1.9 billion surplus. This surplus spurred hope of an orderly session and predictions of tax...more