Federal Tax Reform

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Congress Passes Tax Reform
The House of Representatives passed H.R. 1, known as the Tax Cuts and Jobs Act, a second time on Wednesday, by a vote of 224–201, after procedural objections were raised about the version of the bill the House passed Tuesday afternoon. The bill...
U.S. Tax Reform Reaches Businesses Worldwide
The US Congress passed tax reform legislation Wednesday, approving a bill known as the Tax Cuts and Jobs Act, H.R. 1, that will enact sweeping changes to the US Internal Revenue Code. The bill will now go to President Donald Trump for his...
House Passes Tax Reform
The House of Representatives voted on Tuesday afternoon to pass the Tax Cuts and Jobs Act, H.R. 1, by a vote of 227–203, with 227 Republicans voting yea and 191 Democrats and 12 Republicans voting no. The version of the bill the House voted on...
How tax overhaul would change business taxes
The tax reform bill that Congress is expected to vote on this week contains numerous changes that will affect businesses large and small. The Tax Cuts and Jobs Act, H.R. 1, would make sweeping modifications to the Internal Revenue Code, including...
What the tax reform bill means for individuals
The Tax Cuts and Jobs Act, H.R. 1, agreed to by a congressional conference committee on Friday and expected to be voted on by both houses of Congress during the week of Dec. 18, contains a large number of provisions that would affect individual...
CT Mirror: Federal tax changes could create misleading budget 'bubble' in CT
Most Americans wouldn't feel the effects of proposed federal tax changes until the spring of 2019. But it could throw a big wrench into Connecticut's state budget right in the coming weeks.
Breaking News: House and Senate Republicans have a tax deal, putting a bill on track for final votes next week. It has cuts for businesses and high earners.
BREAKING NEWS House and Senate Republicans have a tax deal, putting a bill on track for final votes next week. It has cuts for businesses and high earners. Wednesday, December 13, 2017 12:12 PM EST House and Senate Republicans have...
CT CPAs Warn of Dire Impact of New Federal Tax Plan
Connecticut's accountants are frustrated that they can give clients only limited advice about a massive federal tax overhaul underway in Congress, and some predict there will be more losers than winners among individual taxpayers in the state.
Senate Passes Tax Reform Bill
The U.S. Senate passed its version of tax reform, the Tax Cuts and Jobs Act, H.R. 1, early Saturday morning by a vote of 51–49, with all Democrats, both independents, and one Republican voting no. The vote followed two long days of debate and...
CT Mirror: Connecticut's CPAs warn of dire impact of new federal tax plan