House Ways and Means Committee

A proposed 15 percent corporate tax rate widely expected to be rolled out Wednesday by the White House is a case of talk translating to action, according to RSM US LLP Chief Economist Joe Brusuelas. A reduction of the corporate tax rate from 35 to 15 percent is the linchpin of President Donald...

Amid intra-party chaos surrounding tax proposals, Height Securities analysts posted 85-percent odds of Congress passing a bill prior to 2018 elections — and offered a “sleeper pick” of the modified 2014 tax reform draft at 10 percent odds. “We continue to get the sense in...

Almost every year Congress allows a large number of tax credits and breaks to expire according to NPR. Then, following intense lobbying by various constituencies, some or all of them are restored. Whether your favorite tax credit or break is restored – that’s the roulette part. This year at...

The Internal Revenue Service announced Tuesday that it would delay the start of the tax-filing season up to two weeks because of the recent 16-day government shutdown. Acting IRS commissioner, Danny Werfel said, “Readying our systems to handle the tax season is an intricate, detailed process,...

House Budget Committee Chairman Rep. Paul Ryan (R-WI) appeared on CNBC's Squawk Box Wednesday morning where he sat in as a guest for over an hour. While on, he talked about corporate tax reform, the federal budget deficit, and the GOP budget plan among other things. "If you just passed our budget...