business tax, corporation tax and Iowa

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

CPA Practice

JANUARY 12, 2024

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. dismissed it as a giveaway to corporate donors. Grassley, R-Iowa, said. “I

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

CPA Practice

FEBRUARY 5, 2024

The bill restores corporate tax breaks created by the tax law Republicans passed in 2017 that have expired or are set to expire soon. They include tax credits for research and development, as well as capital projects like building factories or manufacturing equipment.

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

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

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