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Senators introduced tax-related legislation aimed at improving taxpayer service, cracking down on tax evasion and curbing the carried interest tax break.
The tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors,...
On February 26, 2026, Senate Finance Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Ron Wyden (D-Oregon) introduced the Taxpayer Assistance and Service Act, a bipartisa...
A group of bipartisan bills moved through the House this week that would make changes in IRS administration, customer service, taxpayer privacy, tax return processing, as well as d...
Budget 2026 received President Assent: Key Personal Tax Changes Every Investor Must Act On The Finance Bill 2026 has now received Presidential assent, and what were earlier “pr...
By restoring 100% bonus depreciation, the OBBBA is providing liquidity needed for economic growth.
The most notable tax law developments of the past month.
Crypto reporting, qualified investment rules, and global minimum tax also in scope
Navigating the complexities of the federal oversight, investigations, reporting requirements and challenges of the IRS requires the specialized guidance of an IRS tax lawyer who un...
KEY DEVELOPMENTS: Brazil’s Complementary Law No. 224/2025 (“LC 224/2025”) introduced a linear reduction of tax, financial and credit incentives and special regimes at the federal...
The House approved legislation to make IRS collection proceedings taxpayer friendly, safeguard tax refunds and provide judicial review of tax liability claims.
The most notable tax law developments of the past month
The most pressing tax law developments of the past month.
On March 10, 2026, H.R. 6644, the 21st Century ROAD to Housing Act (Act), which is co-sponsored by Senators Elizabeth Warren and Tim Scott, passed the Senate and will return to the...
On April 13, Senate Finance Committee Ranking Member Ron Wyden (D-Or.) introduced the Protecting Proper Life Insurance from Abuse Act (S. 4279).1 The bill is substantively identica...
The House-passed Taiwan tax bill, which has bipartisan support but languished in the Senate, could be a legislative priority where both parties could coalesce.
Rep. Kristen McDonald Rivet, introduced the Working Parents Tax Relief Act, which would give parents up to an additional $5,500 per child under the age of four.
Policymakers should broaden and make permanent full expensing for additional asset classes and pursue structural reforms that reduce distortions in how businesses are taxed. A more...
The new bill targets high-value trusts.
Federal and New Jersey laws expand QSBS tax break rules, boosting capital gains exclusions for investors, founders and business owners in 2025. The post QSBS tax break rules expand...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for March 23, 2026 – March 31, 2026. March 23, 2026: A US Treasury Inspector G...
Smaller corporate tax bills after the OBBBA are not evidence of new giveaways or loopholes. They are evidence the tax code is finally treating investment the way it should.
The R&D Tax Credit changes made in summer 2025 allow taxpayers meeting certain criteria to make a retroactive election to deduct, versus amortize research and experimentation (...
For the current federal administration in Mexico, infrastructure is an essential component for economic development and the promotion of well-being among the Mexican population.......
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