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Brady to Decouple HSAs from Tax Reform 2.0

USA - June 13 2018 House Ways and Means Chairman Kevin Brady announced plans to expand health savings accounts (HSAs) via a standalone bill, apart from the Tax Reform 2…

Private Colleges Catch a Break

USA - June 13 2018 In Notice 2018-55, the IRS provided private colleges and universities subject to the GOP tax law’s 1.4 percent endowment tax with much-needed relief…

Tax Policy Update - Jun 12, 2018

USA - June 12 2018 Rep. Peter DeFazio (D-OR) introduced the Per-Country Minimum Act (H.R. 6015), a bill that would require companies subject to the Global Intangible Low…

Rosemary Becchi, Harold Hancock, Charlie A. Iovino, Lai King Lam, Russell W. Sullivan

IRS Releases New Strategic Plan

USA - June 7 2018 On May 23, the IRS released a new five-year Fiscal Year 2018-2022 IRS Strategic Plan, which includes goals for upgrading information technology (IT)…

House Appropriations Releases FY 2019 IRS Funding Bill

USA - June 7 2018 On May 23, the House Appropriations Committee released the FY 2019 Financial Services spending bill, which provides funding for the Treasury…