September 27, 2018
by Dean Zerbe for alliantgroup
Published in Forbes
I recently wrote on the taxpayer rights/tax administration provisions that the Congress may pass before the end of the year – and now want to turn to the individual (mostly) and retirement tax provisions that Congress is considering as well.
The House Ways and Means Committee chaired by Congressman Brady (R-TX) recently passed – and the House is expected to pass shortly – three tax bills: HR 6760 – essentially an extension/permanency of the families/individual provisions from tax reform; HR 6757 – improvements in retirement savings; and, HR 6756 – a small bill to help start-ups.
While the extension of the individual provisions is a big lift and the outlook is very uncertain (with the received wisdom being that this will be put-off until down the road when the provisions are closer to expiring – 2025) – the possibilities of passing retirement provisions […]