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Senate Tax Reform Proposal Differs From House Proposal in Key Ways

November 16, 2017 Tax reform is developing, and the pace is breakneck. On Nov. 2, the House Ways & Means Committee released HR1, the “Tax Cuts and Jobs Act.”—its version of tax reform. The bill has already seen amendments, and the contents have been a topic of great discussion in the profession and the news. On Thursday, Nov. 9, the Senate Finance Committee released a conceptual description of its version, also termed the “Tax Cuts and Jobs Act.”

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Tax Reform Legislation Takes First Step

November 3, 2017 The official process to potentially make the biggest changes to the tax code since 1986 has begun. And as the nation’s premier tax practitioners, the accounting profession will be very engaged as the proposed legislation winds its way through Congress.

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