Category Archives: Taxes

HR 1 Details Before Conference

Details of HR 1 as passed the House and as amended by the Senate In red below are the bill details as discharged from the Senate House Conference. State and Local Tax Deduction – House and Senate repeals the income and sales tax deductions and caps property tax deductions at $10,000. Individuals can deduct no […]

H.R.1 – Tax Cuts and Jobs Act

TheWeekInCongress.com (TM) Week ending November 17, 2017 H.R.1 – Tax Cuts and Jobs Act Brief – What follows is the content of the House version of HR 1. The Senate bill is still in play and will be further reported on December 7th. Impact on individuals – The bill eliminates the deduction for state and […]

H.R.849 – Protecting Seniors’ Access to Medicare Act of 2017

TheWeekInCongress.com (TM) Week ending November 3, 2017 H.R.849 – Protecting Seniors’ Access to Medicare Act of 2017 Brief – This bill amends the Patient Protection and Affordable Care Act (PPACA) to terminate the Independent Payment Advisory Board (IPAB). “H.R. 849 would repeal the provisions of the Affordable Care Act (ACA) that established the Independent Payment […]

H.R.1393 – Mobile Workforce State Income Tax Simplification Act of 2017

TheWeekInCongress.com (TM) Week ending June 23, 2017 H.R.1393 – Mobile Workforce State Income Tax Simplification Act of 2017 Brief – The bill report states its purpose “The Mobile Workforce Act provides a clear, uniform framework for when states may tax nonresident employees who travel to the taxing state to perform work. In particular, the bill […]

H.R.2581 – Verify First Act

TheWeekInCongress.com (TM) Week ending June 16, 2017 H.R.2581 – Verify First Act Brief – This bill is contingent on passage into law of the American Healthcare Act, the Republican replacement of the Affordable Care Act (ACA / Obamacare) The bill concerns itself with tax credits proposed in the AHCA, HR 1628, to offset the cost […]

H.R.2579 – Broader Options for Americans Act

TheWeekInCongress.com (TM) Week ending June 16, 2017 H.R.2579 – Broader Options for Americans Act Brief – This bill has no effect until the American Healthcare Act, the Republican replacement for Obamacare, is enacted into law. “Under current law, employment-based health plans are generally required to offer employees and their families the option to continue coverage, […]

HR 10 Minority Views

MINORITY VIEWS to HR 10 the Financial CHOICE Act of 2017   H.R. 10, the “Financial CHOICE Act” (herein called the “Wrong Choice Act”), will eliminate several of the most important aspects of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (“Wall Street Reform”). Wall Street Reform effectively addressed failures in the […]

CBO Estimate of HR 1628, the American Healthcare Act

Congressional Budget Office Estimate of HR 1628, the American Healthcare Act as passed by the House CBO and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of H.R. 1628, the American Health Care Act of 2017, as passed by the House of Representatives. […]