November 17, 2017
House Passes and Senate Finance Committee Advances Landmark Tax Reform Legislation
The House passed its version of the Tax Cuts and Jobs Act on November 16, 2017, along a mostly party-line vote of 227-205, with 13 Republicans voting no along with every Democrat. The Senate Finance Committee ...
December 02, 2017
Senate Approves Tax Bill in Race to Enact Tax Reform by Year End
Senate Republicans voted early Saturday morning to approve the Senate’s version of the Tax Cuts and Jobs Act with a vote of 51-49 on a party line vote. Bob Corker was ...
December 08, 2017
Top Year-End Tax Accounting Method Considerations for Businesses
As we approach the end of the 2017 calendar year, tax reform is at the forefront in the news and year-end tax planning has never been more important. Year-end tax planning in 2017 should take ...
December 15, 2017
Republicans Reach Deal on Tax Plan; Final Votes Expected Next Week
House and Senate Republicans have announced a compromise on tax reform. 509 pages of legislative text and 560 pages of technical explanation of the bill were released on Friday, December 15, 2017. Both the House and Senate ...
December 20, 2017
Republicans Approve Tax Reform Bill; President to Sign First Major Tax Overhaul in Decades
Republican lawmakers are poised to fulfill their promise of final tax reform legislation and score their first major legislative victory of President Trump’s administration. The House and Senate voted to approve ...
December 22, 2017
President Trump Signs Landmark Tax Legislation
On December 22, 2017, President Donald Trump signed the Republican tax bill to officially enact the legislation into law. This is the first major rewrite of the U.S. tax code in a generation and ...
January 11, 2018
Duffy Speaking at the 19th Annual Tax Policy & Practice Symposium in Washington, D.C.
The Tax Council Policy Institute (TCPI) is a non-profit and non-partisan public policy research and educational organization. TCPI was created to help bring about a better understanding of significant federal tax policies that ...
January 11, 2018
Burns and Rode Presenting at IVCA Tax Reform Update & Action Program
The Illinois Venture Capital Association (IVCA) is an organization that advocates for a strong venture capital and private equity industry in Illinois through promoting pro-growth public policy initiatives, providing educational programming in private ...
January 31, 2018
Rode Presenting at Katten Muchin Rosenman LLP Program
Katten Muchin Rosenman LLP is a full-service law firm with more than 600 attorneys in 13 office locations including London, Shanghai and across the United States. It was formed in 2002 through the merger of Chicago-based ...
March 02, 2018
IRS and Treasury Issue Formal Guidance on New Carried Interest Provision
IRS and Treasury recently issued Notice 2018-18 (the Notice) to close uncertainty in the Tax Reform Act of 2017 (the Act) related to carried interest that could have allowed private equity and hedge fund ...