Danielle Parnass

Jan 15, 2025 | news.bloomberglaw.com | Danielle Parnass

The sweeping tax breaks that Republicans enacted during President-elect Donald Trump’s first term have reemerged as a key priority just in time for his second. Major provisions of the 2017 tax law (Public Law 115-97) are set to expire at the end of the year and Republicans in Congress and the incoming administration are weighing ambitious timelines to extend and potentially expand the law.

Jan 15, 2025 | news.bloombergtax.com | Danielle Parnass

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Dec 5, 2024 | news.bloombergtax.com | Dan Lee |Danielle Parnass

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

Dec 5, 2024 | news.bloomberglaw.com | Dan Lee |Danielle Parnass

President-elect Donald Trump has named the top officials he intends to nominate for his cabinet and other federal positions in his second administration. Most positions will require Senate confirmation when the 119th Congress convenes next year. His picks have started making the rounds on Capitol Hill to meet with lawmakers, and one — former Rep. Matt Gaetz (R-Fla.) who was tapped to be attorney general — has already dropped out.

Sep 18, 2024 | news.bloomberglaw.com | Chris Cioffi |Kim Dixon |Danielle Parnass

Tax policy is shaping up to be one of the biggest issues facing lawmakers next year, and uncertainty around the November elections mean the fate of favored tax breaks is up in the air. Bloomberg Tax and Bloomberg Government journalists hosted a webinar Wednesday on the expiring provisions from Republicans’ 2017 tax overhaul (Public Law 115-97) and other tax policy changes to watch in 2025.