Chris Cioffi
Congress Reporter at Bloomberg Tax
Reporter @tax covering Congress • Adjunct data/websites @merrillcollege • Was @RollCall @Newsobserver • 💔 NC sports.
Articles
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6 days ago |
news.bloomberglaw.com | Zach Cohen |Chris Cioffi |Kate Ackley
Daily Tax Report ®EmailApril 18, 2025, 8:45 AM UTCExpiration of the GOP’s 2017 tax law is speeding campaign contributions from big business and other interests seeking to woo lawmakers in charge of the renewal. House and Senate Republican tax writers saw a more than 60% fundraising first quarter bump compared with the same period two years ago. It comes as lawmakers work on a multitrillion-dollar bill to extend individual and business tax cuts that expire at year’s end if Congress doesn’t act.
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6 days ago |
news.bloombergtax.com | Zach Cohen |Chris Cioffi |Kate Ackley
Expiration of the GOP’s 2017 tax law is speeding campaign contributions from big business and other interests seeking to woo lawmakers in charge of the renewal. House and Senate Republican tax writers saw a more than 60% fundraising first quarter bump compared with the same period two years ago. It comes as lawmakers work on a multitrillion-dollar bill to extend individual and business tax cuts that expire at year’s end if Congress doesn’t act.
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1 week ago |
news.bloombergtax.com | Chris Cioffi |Erin Schilling |Zach Cohen
The man tapped by President Donald Trump to be the next IRS commissioner saw a boost in first-quarter campaign donations, some of which came from donors who list their employers as firms that have promoted tax credits the Treasury Department and IRS have said don’t exist. Former Rep.
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1 week ago |
news.bloombergtax.com | Kim Dixon |Chris Cioffi
The IRS is set to have its fourth leader since the beginning of the year after the Trump administration named Gary Shapley as acting commissioner. Current Acting Commissioner Melanie Krause will step down in mid-May after a clash over the IRS sharing tax information with the Department of Homeland Security in a bid to deputize the agency for immigration enforcement.
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1 week ago |
news.bloomberglaw.com | Chris Cioffi
Trump’s Threats Stoke Nonprofit WorriesPresident Donald Trump’s threat to take away Harvard University’s tax-exempt status is fueling worries among nonprofit groups that the White House crusade against diversity, equity, and inclusion programs could make them targets of the IRS and courts. It’s giving some flashbacks to the unpleasant history of politicizing IRS work, and it’s leading some organizations to scrub websites of diversity, equity, and inclusion references, lawyers said.
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The UK’s digital services tax is a “temporary measure” until a global solution can be found, James Murray, exchequer secretary to the Treasury, said Friday. https://t.co/ntOgoomuJi
RT @lil_byington: Sen. Bennet formally announces he's running for governor. icymi: He's not the only senator eyeing the state capitals http…
RT @ellengilmer: Scoop from @ReporterCioffi & me: DHS & GSA have suspended work on the $524M construction of a new Cybersecurity and Infra…
