After successfully reconciling different bills passed by the House of Representatives and Senate, respectively, Congress has passed the Tax Cuts and Jobs Act of 2017. It's the first major rewrite of the U.S. tax scheme in over 30 years, and it's packed with changes that could have an impact on your financial planning.
Tax Reform Is Done: Here's How It Matters To You
newsfeedback@fool.com (Todd Campbell), The Motley Fool
Thu, 12/21/2017 - 5:31am
BING NEWS:
- Will Sutton: Focus on Louisiana "tax reform" while lawmakers aim to jail 14-year-olds
Louisiana Senate Bill 2 sailed through Gov. Jeff Landry's third special session of the year. Though the session focused on tax reform, this important bill would give the State Legislature flexibility to decide which crimes committed by minors could be adjudicated as adults rather than voters making those choices.
11/22/2024 - 8:35 am | View Link - Port: The best ideas for property tax reform (so far)
Rep. Ben Koppelman, of West Fargo, and Rep. Scott Louser, of Minot, have put forward intriguing ideas for property tax reform. They're the best ideas so far.
11/20/2024 - 11:11 pm | View Link - Opinion: GOP will reshape tax policy in 2025 — a tax expert explains what to expect
Republicans are likely to fight to keep key components of the Tax Cuts and Jobs Act in place, however they are not entirely unified on tax policy.
11/19/2024 - 10:11 pm | View Link - Louisiana governor's tax overhaul faces opposition as lawmakers and lobbyists horse-trade
Louisiana Gov. Jeff Landry's complex tax reform package, intended to deliver large income and corporate tax cuts, has faced pushback from a range of lawmakers, lobbyists and local governments
11/19/2024 - 12:55 pm | View Link - This week in politics: Reeves uses budget meeting to urge on tax reform
A new MS budget estimate has been set, and Gov. Reeves used the meeting to advocate for tax reform. Plus, other political updates
11/16/2024 - 9:39 pm | View Link - More
- Impact of Joe Biden's Tax Policies | Deloitte US
This updated version of "A change in course: Tax policy implications of the Joe Biden presidency" reviews the tax policy agenda that President-elect Biden laid out on the campaign trail and provides an expanded discussion of how the makeup of the new Congress and the priorities of key decision-makers at the leadership level and on the two ...
11/21/2024 - 6:53 am | View Website - US Tax Law Changes | Deloitte US
With a divided Congress on Capitol Hill and other issues dominating the debate, tax legislation is less of a focus than it was in late 2022 when Congress passed and the President signed into law the “Inflation Reduction Act,” which contained a number of important and complex tax changes affecting corporations and individuals, including a new 15% minimum tax on book income, a particularly ...
11/20/2024 - 8:23 pm | View Website - Global tax reform is coming—and CEOs need to be ready
Why Pillar Two tax reform is a C-suite priority. The agreement, known in tax circles as Pillar Two, is extensive in its scope: It was signed by 138 countries representing 90% of global economic activity. 1 And at its heart, it pursues a clear-cut and consequential goal: End the world’s “race to the bottom” in corporate tax rates, as US Treasury Secretary Janet Yellen described it in 2021. 2
11/20/2024 - 6:19 am | View Website - Tax – Articles and insights | Deloitte US
Tax Trusted. Transformational. Together. As global influences fundamentally shift how the tax function operates, tax leaders should become strategic advisors. We can share our experience, technology, and innovative ideas to help your organization become more agile. Lead your business through complexity with confidence.
11/18/2024 - 7:21 pm | View Website - Global Tax Reform | Deloitte
The statement sets out a high-level political agreement regarding global tax reform. Specifically, it addresses the so-called Pillar 1 / Pillar 2 project that has been led by the OECD and is focused on reallocating certain profits to ‘market jurisdictions’ on a new formulaic basis (Pillar 1) and implementing a global minimum tax (Pillar 2).
11/18/2024 - 11:29 am | View Website - More
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