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The House Ways and Means Committee approved a Tax Reform 2.0 package and is expected to be voted on by the House by the end of September. Here is a summary of some of the more notable provisions:
Many individual and small business tax cuts originally enacted temporarily through 2025 would become permanent:
Delap's CPA's are committed to bringing you the most up-to-date information regarding the Tax Reform 2.0 package as it makes its way through the legislative process toward the Senate. For more information about the many changes associated with tax reform, contact a Delap advisor or call 503-697-4118 today.
Check out our previous 2018 presentation on Tax Reform, click here to view the slides:
https://www.delapcpa.com/tax/tax-reform/should-tax-reform-change-your-home-buying-strategy.htm
https://www.delapcpa.com/tax/tax-reform/tax-reform-depreciation-updates.htm
https://www.delapcpa.com/tax/five-new-audit-campaigns.htm
https://www.delapcpa.com/tax/tax-reforms-impact-on-home-builders.htm
https://www.delapcpa.com/tax/tax-reform-presentation.htm
https://www.delapcpa.com/tax/tax-reform-in-a-nutshell.htm
https://www.delapcpa.com/tax/trumps-tax-reform.htm