Finance, investment and tax-related legislation

The House voted overwhelmingly to repeal a tax Wednesday intended to fund the Affordable Care Act, preserving tax breaks for employer-sponsored insurance plans favored by large corporations.

Lawmakers overcame objections from Sen. Rand Paul who had held up the treaties over fears that they could jeopardize U.S. taxpayers’ privacy.

New tax legislation is passing through Congress aimed at addressing several retirement issues.

For the accountant who is filing a Form 5500 for a self-employed individual, it may be the job of the accountant to report beneficiary information.

The timeline is fluid, however, and could stretch on for months.

The House Ways and Means Committee unanimously approved a bill to allow same-sex couples who married before the Defense of Marriage Act was struck down by the Supreme Court to claim tax refunds.

A U.S. House committee approved a package of bills that provide tax breaks for a variety of select industries and constituencies, kicking off what’s likely to be a protracted negotiation with Senate Republicans over whether and how to pay for them.

Congress is considering plenty of bills -- how many will be passed is another question.

The Senate passed the far-reaching package only days after it passed the House for the second time, sending it to President Trump’s desk for his signature.

The House voted for a second time to approve bipartisan legislation to overhaul key aspects of the way the IRS operates, but without a controversial provision.