The U.S. House of Representatives approved an amended version of the budget reconciliation bill sending it to the Senate for consideration. Read More about Reconciliation Bill Contains Tax Provisions

The AICPA recommended five changes to proposed regulations, including to expressly allow taxpayers to rely on the proposed regulations dealing with previously taxed earnings and profits (PTEP). Read More about AICPA Recommends PTEP Changes

Proposed tax legislation from the U.S. House Ways and Means Committee includes significant repercussions for accounting firms and all Specified Service, trades or businesses. Read More about Contact Your Congressional Rep. About Pass-through Entity Tax