Tax Law Changes Teeter in a Sharply Divided Senate
As the start of a presidential term, 2021 was an active year for considering potential changes in tax law. But ...
Tag: Tax reform
ABA, Trade Groups Reiterate Opposition to Tax Reporting Proposal
A broad coalition of 99 trade groups representing various industries—including the American Bankers Association—today wrote to President Biden urging him ...
Broad Coalition of Business Trade Groups Pan Tax Reporting Proposal
The American Bankers Association today joined a broad coalition of business trade groups in a letter to House and Senate ...
Congress Debates Significant Tax Changes
As part of its budgetary process known as “reconciliation,” the House of Representatives has outlined a series of income tax ...
ABA, State Associations Oppose Tax Reporting Proposal
As the House considers the Biden administration’s social spending bill, the American Bankers Association and 51 state associations today told ...
Tax Foundation: Eliminating Credit Union Tax Exemption Would Do Minimal Economic Harm
Eliminating the credit union tax exemption would support sound tax policy, a new report from the Tax Foundation found. The ...
ABA, Trade Groups Back Continuation of Tax Protections for Family Businesses, Farms
The American Bankers Association and a coalition of trade groups yesterday urged the House Ways and Means Committee not to ...
ABA Responds to Proposed Rulemaking on Tax Settlement Agreements
The American Bankers Association today filed a comment letter responding to a notice of proposed rulemaking from the federal banking ...
ABA, Trade Groups Warn Against Changes to Section 199A Tax Deduction
The American Bankers Association and a broad coalition of trade associations today urged congressional leaders to oppose any efforts to ...
Treasury Report Offers Limited Details on ABA-Opposed Tax Reporting Proposal
The Treasury Department today released a report further detailing its proposals to shrink the tax gap as part of the ...
