Business Tax Expenditures, Credits, and Deductions

Inversions under the New Tax Law

The Tax Cuts and Jobs Act was meant to boost growth and deter corporate inversions. What does it mean that an Ohio company is still moving its HQ to the UK?

Will Lawmakers Finally Decide the Fate of Tax Extenders?

Tax Reform Isn’t Done

Expiring provisions, scheduled tax increases on investment, unresolved issues in the code—The Tax Cuts and Jobs Act was passed, but tax reform isn’t done yet.

Testimony: Oregon Should Conform to the Federal International Provisions under the Tax Cut and Jobs Act

Idaho Tax Reform Bill Advances

Banks Urge Congress to Review Credit Union Exemption

Testimony: Idaho Should Consider Decoupling from the Pass-Through Deduction

Iowa Governor Outlines Plan to Cut Rates and Repeal Federal Deductibility

Budget Deal Would Retroactively Extend Several Expired Tax Provisions

The ‘Grain Glitch’ Needs to Be Fixed

The Tax Cuts and Jobs Act tax preference for farm co-ops would distort agricultural activity and create tax planning opportunities for wealthy taxpayers.

Reviewing the Credit Union Tax Exemption

Pass-Through Deduction Won’t Flow Through to Most States

For policymakers in most states, the fact that the pass-through deduction doesn’t affect AGI should come as a relief. For those in the six states which use federal taxable income as their starting point for conformity, decoupling from the provision is an entirely viable option.

Conference Report Limits on Interest Deductions

There is no good reason to eliminate interest deductions to permit expensing. Expensing is a key element of any tax system which seeks to put all economic activity on a level playing field.

House and Senate Bill Limits on Interest Deductions

Missouri Bill Would Sunset 47 Tax Credits

Arkansas Tax Reform: Lessons from Other Legislators

Important Differences Between the House and Senate Tax Reform Bills Heading into Conference

The House and Senate have both passed legislation that would overhaul the federal tax code. Learn about the key differences between the two bills.

Eight Important Changes in the Senate Tax Cuts and Jobs Act

The Senate Tax Cuts and Jobs Act includes hundreds of structural reforms to the tax code. Here is a guide to the eight most important changes.

Important Differences Between House and Senate Versions of the Tax Cuts and Jobs Act

This list, though not exhaustive, catalogues the major differences between the House and Senate version of the Tax Cuts and Jobs Act.

Details of the House Tax Cuts and Jobs Act

The House Tax Cuts and Jobs act would fundamentally reform the U.S. tax code for the first time in over 30 years. Here are all the important details.