Bills, Legislation

In This Week's Edition of Snapshot: “Impending Shake-Up on Ways and Means Committee; Senate Turns to Other Business Now that Kavanaugh is Confirmed; TIGTA Releases Audit of Impermissible Political Activity by 501(c)(4) Organizations; Groups Seek to Preserve State Tax Credits as Charitable Deductions; States Adjust Income Taxes in Light of Federal Tax Law Changes.

In This Week's Edition of Snapshot: “Tax Cuts 2.0” Passes House, Expected to Stall in Senate; Government Shutdown Averted, December Vote Looms; Tax Writers Remain Hopeful That IRS Reform Will Happen Before Year’s End; Rettig Officially Sworn In to Become IRS Commissioner; Sen. Scott Sends Letter to Treasury About Opportunity Zones; Single Portal Filing Debuts as “Soft Launch” in Two States; Nonprofit and Foundation Tax Exemptions Remain in Flux.

In This Week's Edition of Snapshot: An Update on Tax Reform 2.0; Kyl to Fill Vacant Arizona Senate Seat Left by McCain; Rocky start for Kavanaugh’s Confirmation Hearings; Federal Reserve Board Releases New Publication; Primary Upset in Massachusetts; SALT Workaround Proposed Regulations Cause Surprise, Concern; How Will Foundations and Nonprofits Fare After Wayfair?