This morning, the US House of Representatives accepted the conference report on the Tax Cut and Jobs Act to reform the federal tax code. The conference report is the agreement worked out to reconcile differences between tax reform bills passed by the ...
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Last month, the House passed a tax reform plan. Last week, the Senate followed suit. But they are very different plans. So where do we stand? And specifically, what do the details mean for your distribution business? Ed Orlet explains the reconciliation ...
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Your help is needed to protect LIFO in tax reform, contact your Congressman and Senators.
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Congress has returned from the August recess and the immediate concerns of hurricanes Harvey and Irma have postponed starting on the promised tax reform. In addition, President Trump has come to an agreement with Congressional Democrats that raises the ...
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Last week the Senate failed to pass the "skinny" repeal of Obamacare. The vote was 49-51, with Senators Collins (R-ME), McCain (R-AZ), and Murkowski (R-AK) joining all 48 Democrats in opposition. That may end the Senate's consideration of Obamacare ...
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Last Thursday, in this joint statement, the "Big Six," House Speaker Paul Ryan (R-WI), Senate Majority Leader Mitch McConnell (R-KY), Treasury Secretary Steven Mnuchin, National Economic Council Director Gary Cohn, Senate Finance Committee Chairman Orrin ...
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NAED recently sent comments to House Ways and Means Committee Chairman Kevin Brady and Tax Policy Subcommittee Chairman Peter Roskam on comprehensive tax reform.
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Last week House Financial Services Committee Chairman Rep. Jeb Hensarling (R-Texas) introduced and held a hearing on the Financial CHOICE Act which will repeal parts of Dodd-Frank. The bill would repeal the conflict minerals disclosure requirement for ...
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