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President Trump signed into law H.R. 1892, the Bipartisan Budget Act of 2018, just hours after the Senate passed the bill by a vote of 71-28 and the House by a margin of 240-186 this month.
February 20Sax LLP -
President Donald Trump “feels strongly” that the U.S. should permit collection of state and local sales taxes on purchases made over the internet, Treasury Secretary Steven Mnuchin said on Thursday.
February 16 -
The Internal Revenue Service’s acting commissioner, David Kautter, testified at a Senate Finance Committee budget hearing asking for nearly $400 million in additional funds to help the IRS administer the Tax Cuts and Jobs Act.
February 15 -
Wall Street’s fast-money crowd is returning to well-trodden ground to elude Trump-era tax laws: Delaware.
February 15 -
The Treasury Department has proposed to repeal nearly 300 tax regulations, many of which have become obsolete with the passage of the new tax law and earlier legislation, in some cases dating back to 1942.
February 14 -
The Trump administration’s fiscal year 2019 budget proposal includes increasing oversight of paid tax preparers along with more authority for the Internal Revenue Service.
February 13 -
The Trump administration has no formal proposal on the table for a so-called reciprocal tax on imports, according to a U.S. official who sought to clarify whether a levy that risks escalating tensions with key trading partners would be enacted.
February 13 -
President Donald Trump signed a two-year budget agreement that will boost federal spending by almost $300 billion and suspend the debt ceiling for a year, ending a brief partial government shutdown that began at midnight when lawmakers missed a funding deadline.
February 9 -
President Donald Trump said on Thursday he will nominate California tax attorney Charles “Chuck” Rettig to lead the Internal Revenue Service as it puts the Republican tax overhaul into practice.
February 8 -
Tax cuts signed by an America First president are turning out to be a major boon to some of the world’s biggest automakers—except those based in the U.S.
February 7