Category: Federal Tax News & Updates

[ad_1] House Ways & Means news. Rep. Jimmy Gomez (D-CA) will rejoin the House Ways & Means Committee. He’ll replace retired member Rep. Brian Higgins […]

[ad_1] The House is preparing for SALT legislation. Legislation sponsored by Rep. Michael Lawler (R-NY) would increase the federal cap on state and local tax […]

[ad_1] The House-passed Tax Relief for American Families and Workers Act of 2024 would expand the largest federal subsidy program for construction of affordable housing, called […]

[ad_1] Permanently expanding the Child Tax Credit would increase children’s lifetime earnings and education. TPC’s Nikhita Airi reports on new Urban Institute analysis finding that […]

[ad_1] Next week on Capitol Hill: Tax bills and other hearings. The Senate is expected to begin its review of the Tax Relief for American […]

[ad_1] House passes $78 billion tax package. The House passed the Tax Relief for American Families and Workers Act of 2024 on a 357 to […]

[ad_1] “I threw a wish in the well…” The Tax Relief for American Families and Workers Act of 2024 is set for a House vote. […]

[ad_1] The future of the bipartisan tax credit bill remains unclear. [ad_2] Source link

[ad_1] Aviva Aron-Dine to serve as acting Treasury assistant secretary for tax policy. TaxNotes reports (paywall) that Aron-Dine, currently serving as deputy director at the […]

[ad_1] Concerns that the Wyden-Smith child tax credit (CTC) expansion would cause people to quit working are overblown. In recent days, conservatives have argued that […]