As Trump Talks Tariffs, Here's What You Need To Know
At a press meeting earlier today, President Donald Trump announced that he would impose tariffs on imported steel and aluminum. So what is a tariff and how does it work?
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Here’s What’s In The Final Version Of Tax Reform
We appear to have a deal on taxes. From changes to the home mortgage interest deduction to what wasn’t included in the charitable donation deduction, here’s what’s in the final tax reform bill.
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Comparing The House & Senate Bills To Current Law
The Senate passed their version of tax reform this week. Here’s how their version differs from the House version – and from current law.
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Senate GOP Passes Tax Reform Bill After Late-Night Vote
Senate Republicans got a win last night when the final version of their tax reform bill passed, 51-49. The vote was largely along party lines: only one Republican, Sen. Bob Corker (R-TN), voted against it, and no Democrat voted in favor.
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Senate Would Make Individual Cuts Temporary, But Corporate Cuts Permanent
Days after the Senate announced the details of their version of the Tax Cuts and Jobs Act, the real work began: marking it up. The “Chairman’s Mark” describes proposed changes to the plan – which include making tax cuts for individuals temporary and adding a new tax form.
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Senate GOP Wants To Eliminate Obamacare Mandate Under Tax Reform
As Senate leaders search for ways to make the numbers work, Republicans believe they might have a solution. Although there was no mention of Obamacare repeal in either of the House or Senate original plans, Republicans plan to include language to repeal the Affordable Care Act’s individual mandate.
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Comparing The Senate And House Tax Reform Proposals
Senate Republican leaders have now released their version of tax reform. Here’s how it compares to the House Tax Cuts and Jobs Act.
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From Mortgage Caps To Tax Brackets, How The House Tax Bill Could Impact Your Taxes
House Republican leaders have released talking points on their tax bill, called the Tax Cuts and Jobs Act – and the proposals are already generating controversy. Here’s how the new House tax bill is expected to impact your taxes.
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First Indictments In Russia Probe Allege Conspiracy, Tax Crimes & Money Laundering
Today, Special Counsel Robert Mueller’s issued indictments to two persons, Paul J. Manafort, Jr., 68, of Alexandria, Va., and Richard W. Gates III, 45, of Richmond, Va., as part of an ongoing investigation into whether Russia influenced the 2016 election.
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House Narrowly Approves Budget In March Towards $1.5 Trillion Tax Cuts
The House of Representatives approved the same budget proposal as the Senate did earlier this week, paving the way for $1.5 trillion in tax cuts. But will taxpayers give up deductions and tax-deferred retirement perks in return?