Scott Sowers

1 week ago | today.westlaw.com | Scott Sowers

Affordable housing advocates and the municipal bond community appear to have scored a victory via provisions in the Senate's version of the House's One Big Beautiful Bill Act. "These Housing Credit provisions represent bold action to increase the...

1 week ago | today.westlaw.com | Scott Sowers

The controversy over the future of the cap on state and local tax deductions is gathering more steam from a group of constituents, including lawyers, who want to keep the pass-through entities exemptions in place to avoid penalizing accountants,...

1 week ago | bondbuyer.com | Scott Sowers

The controversy over the future of the cap on state and local tax deductions is gathering more steam from a group of constituents, including lawyers, who want to keep the pass-through entities exemptions in place to avoid penalizing accountants, doctors, and attorneys.  "Eliminating the SALT deduction for professional service pass-through businesses would also result in a major tax increase on many of those small businesses," said William R. Bay, president of the American Bar Association.

2 weeks ago | bondbuyer.com | Scott Sowers

A bill that would level the taxation playing table for Native American tribes has been reintroduced in the Senate, reigniting hope that a long-standing snafu may finally get corrected. "The introduction of the Tribal Tax and Investment Reform Act in the Senate is a necessary and overdue effort to modernize the federal tax code in recognition of Tribal sovereignty," said Rodney Butler, chairman of the Mashantucket Pequot Tribal Nation and board president of the NAFOA.

2 weeks ago | today.westlaw.com | Scott Sowers

A bill that would level the taxation playing table for Native American tribes has been reintroduced in the Senate, reigniting hope that a long-standing snafu may finally get corrected. "The introduction of the Tribal Tax and Investment Reform Act in...