President Trump Signs Historic Tax Bill
President Trump on Dec. 22 signed Congress’ historic tax reform package -- the most comprehensive rewrite of the tax code...
Tax and Accounting
Lawmakers Raise Concerns About Tax Transcript Issue
A bipartisan group of lawmakers -- led by Rep. Gregory Meeks (D-N.Y.) and including House Ways and Means Committee Chairman...
Washington Bank to Hike Wages, Invest in Tech after Tax Reform Passage
Seattle-based Washington Federal has announced that it will increase wages for certain employees, make investments in technology and increase its...
Banks Announce Wage Hikes, Charitable Contributions after Tax Reform Bill Passes
As the tax bill successfully passed Congress today, several companies—including banks of all sizes—announced plans to increase employee compensation and...
Landmark Tax Reform Bill Clears Final Vote; Enactment Could Happen in 2018
The tax reform bill cleared its final procedural hurdle today as the House voted again to approve the measure, marking...
House Passes Tax Reform Bill, Senate Vote Expected Later Today
The House this afternoon passed the final version of the long-awaited tax reform bill, which would bring about the first...
Associations Call on IRS to Fix Tax Transcript Issue
In a comment letter with nine trade associations on Friday, ABA urged the IRS to take immediate steps to fix...
House, Senate Leaders Release Text of Final Tax Reform Bill
Late Friday, House and Senate tax committee leaders released the final legislative text of the tax bill that has been...
Lawmakers Reach Agreement on Key Tax Issues
Republican lawmakers negotiating the differences between the House and Senate tax reform bills have reportedly reached a tentative agreement on...
ABA Urges Bankers to Prepare for Financial Reporting, Capital Impacts of Tax Reform
While the current tax reform bills are expected to have positive long-term effects on the economy and bank performance, the...
