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Why Idaho Senator Mike Crapo Largely Controls Bipartisan Tax Bill’s Fate

CPA Practice

TNS) In a rare show of bipartisan lawmaking, the House of Representatives on Wednesday overwhelmingly passed a bill that would expand the child tax credit for parents and restore a set of tax breaks for businesses, but its fate in the Senate is uncertain. Mike Crapo of Idaho, the top GOP member of the Senate Finance Committee.

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Chief Tax Writers Working to Broaden Appeal of Tentative $70 Billion Package

CPA Practice

By Caitlin Reilly, CQ-Roll Call (TNS) A bipartisan, bicameral $70 billion tax agreement taking shape on the Hill is drawing mixed reviews, pointing to potential challenges ahead for Senate Finance Chair Ron Wyden and Ways and Means Chairman Jason Smith. Crapo, R-Idaho, on board. said, referring to the child tax credit. “In

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