Tax

Built on the foundation of the Tax Management Portfolios™, Tax is a comprehensive tax research solution designed by tax practitioners for tax practitioners.

Guidance and Developments

Further legislation will likely be needed to correct and modify the 2017 federal tax act, and subsequent bills will require 60 votes to pass in the Senate—and thus the support of at least some Democrats. The Treasury Department and the IRS will also play major roles in shaping the impact of the new rules through regulations and other guidance. Our editors, reporters, and network of leading practitioners are tracking, reporting, and providing insights and analysis on developments as they unfold.


House Republican lawmakers introduced three bills Sept. 10 that would make the 2017 tax cuts for individuals permanent (), as well as reform provisions relating to retirement plans () and deductions for startup businesses (). Lawmakers have also released a of what they hope the legislation will accomplish. 

IRS Guidance Timeline

Pub. L. No. 115-97: Guidance Timeline

The historic changes in tax law enacted in Pub. L. No. 115-97, require all taxpayers to review their tax plans. This chart tracks the Internal Revenue Service guidance that has been issued in connection with the legislation.

 

Podcasts
Talking Tax - Episode 77 - Do Proposed Regulations for §199A Provide Clarity for Business Owners?
August 23, 2018
Hill Roundtable - Episode 75 - IRS Funding Bill Coming Up for Senate Vote
July 30, 2018
Hill Roundtable - Episode 74 - Republicans Fine-Tune Timing for Tax Law Changes
July 16, 2018
Hill Roundtable - Episode 73 - Rettig, Tax Cut Package and More
July 2, 2018
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