Articles

  • 1 month ago | news.bloombergtax.com | Karl Evers-Hillstrom |Brandon Lee |Dan Lee |Greg Tourial

    Government funding would be provided through Sept. 30 under a full-year fiscal 2025 continuing resolution released by House Republicans. While the measure would generally extend the funding levels from the fiscal 2024 spending laws (Public Law 118-42 and Public Law 118-47), it includes key changes such as increases for defense spending and immigration enforcement and reductions for some nondefense funds.

  • 1 month ago | news.bloombergtax.com | Greg Tourial |Olivia Gyapong |Brandon Lee |Dan Lee |Karl Evers-Hillstrom

    The House is set to vote on three measures that would overturn regulations finalized last year under the Biden administration, including an Energy Department rule establishing new efficiency certification requirements for various consumer appliances and an EPA rule to limit airborne pollutants from tire manufacturing plants.

  • Jan 15, 2025 | news.bloomberglaw.com | Dan Lee

    The US tax code would be amended to reduce double taxation for individuals and businesses in both the US and Taiwan under H.R. 33. The measure would also authorize the president to negotiate a tax agreement with Taiwan that conforms with standard US bilateral tax treaties.

  • Jan 13, 2025 | news.bloombergtax.com | Brandon Lee |Karl Evers-Hillstrom |Greg Tourial |Dan Lee

    President-elect Donald Trump and the GOP-controlled Congress are readying a suite of policy changes as the 119th Congress gets to work. Republicans aim to enact tax cuts, border security measures, energy changes, a debt-ceiling increase, and spending cuts through the budget reconciliation process, which eliminates the need for Democratic votes in the Senate. But House and Senate leaders are still debating whether to pass one or two legislative packages.

  • Jan 13, 2025 | news.bloombergtax.com | Brandon Lee |Karl Evers-Hillstrom |Greg Tourial |Dan Lee

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