-
Republicans are promising Tax Reform 2.0, but only a few measures may get approved.
July 18 -
The House Ways and Means chairman hopes to begin circulating draft legislation this summer, but only among his Republican colleagues. He envisions tax reform 2.0 as a package of three or four bills, instead of a single piece of legislation like the Tax Cuts and Jobs Act that Congress passed last December.
June 27 -
The IRS’s new 1040 tax form doesn’t exactly fit on a standard postcard as Republicans promised, but it’s smaller and simpler than before — and it may push more filers to use software rather than in-person tax preparers.
June 27 -
The short form would fulfill one of the promises of last December’s tax overhaul.
June 21 -
Bipartisan legislation to modernize the Internal Revenue Service comes a day after a computer crash disrupts Tax Day filing.
April 18 -
For Tax Day this year, House lawmakers are focusing on a familiar target — the Internal Revenue Service.
April 17 -
The National Association of Enrolled Agents sent a letter to members of Congress’s tax-writing committees calling for a series of changes at the Internal Revenue Service.
March 23 -
The omnibus appropriations bill that lawmakers are expected to approve ahead of a Friday deadline to avoid a government shutdown includes extra money for the Internal Revenue Service to implement the Tax Cuts and Jobs Act, while changing a provision in the TCJA that advantaged farm cooperatives over other types of grain companies.
March 22 -
Republicans are looking to act a lot faster than originally expected to keep the new individual tax breaks from expiring in 2025.
March 16 -
Tax breaks for individuals should be made permanent in future legislation, according to the incoming White House economic adviser.
March 15