Tax News Highlights

Tax News Highlights

Each issue features information on the latest tax developments in an easy-to-scan format to help you keep pace with valuable federal, state and local, and international tax updates.

Recent updates

loading gif
House Ways and Means Approves Markup
House Ways and Means Approves Markup
The House Ways and Means Committee passed its budget proposal under the reconciliation package, starting the long and likely contentious process.
The Lown Institute 2025 Fair Share Spending Report
The Lown Institute 2025 Fair Share Spending Report
The community benefit requirement for not-for-profit hospitals is back in the spotlight, and the Lown Institute has released its 2025 report.
Reconciliation Markup Aims to Limit State Tax Reach
Reconciliation Markup Aims to Limit State Tax Reach
House committees are advancing a bill that could expand tax protections for out-of-state businesses, challenging current state tax practices.
Partnership Basis-Shifting Rules Removed Under EO
Partnership Basis-Shifting Rules Removed Under EO
Changes to partnership basis-shifting transaction rules provide reporting and list maintenance relief for taxpayers and advisers.
Taxpayer Challenges R&D refund Procedures
Taxpayer Challenges R&D refund Procedures
A recently filed case challenges burdensome procedures taxpayers face when claiming research and development credits under Section 41.
Budget Resolution Passes, Legislative Text Is Next
Budget Resolution Passes, Legislative Text Is Next
The House recently approved the Senate-passed budget resolution, starting reconciliation and leaving the fate of tax cuts and revenue raisers unknown.
House Ways and Means Approves Markup
House Ways and Means Approves Markup
The House Ways and Means Committee passed its budget proposal under the reconciliation package, starting the long and likely contentious process.
The Lown Institute 2025 Fair Share Spending Report
The Lown Institute 2025 Fair Share Spending Report
The community benefit requirement for not-for-profit hospitals is back in the spotlight, and the Lown Institute has released its 2025 report.
Reconciliation Markup Aims to Limit State Tax Reach
Reconciliation Markup Aims to Limit State Tax Reach
House committees are advancing a bill that could expand tax protections for out-of-state businesses, challenging current state tax practices.
Partnership Basis-Shifting Rules Removed Under EO
Partnership Basis-Shifting Rules Removed Under EO
Changes to partnership basis-shifting transaction rules provide reporting and list maintenance relief for taxpayers and advisers.
Taxpayer Challenges R&D refund Procedures
Taxpayer Challenges R&D refund Procedures
A recently filed case challenges burdensome procedures taxpayers face when claiming research and development credits under Section 41.
Budget Resolution Passes, Legislative Text Is Next
Budget Resolution Passes, Legislative Text Is Next
The House recently approved the Senate-passed budget resolution, starting reconciliation and leaving the fate of tax cuts and revenue raisers unknown.
Sign up to receive the latest tax insights as well as tax regulatory and administrative updates.

Related insights

Crowe tax professionals review the new Section 174 rules and address issues considering the limited IRS guidance. 

How ESG and tax connect

Organizations need to consider environmental, social, and governance (ESG) tax planning to comply with potential requirement changes and be competitive.

A divided Congress creates tax uncertainty

The 2022 midterm elections created a lot of uncertainty and a divided Congress. How will that impact tax oversight and legislation?

Crowe tax professionals review the new Section 174 rules and address issues considering the limited IRS guidance. 

How ESG and tax connect

Organizations need to consider environmental, social, and governance (ESG) tax planning to comply with potential requirement changes and be competitive.

A divided Congress creates tax uncertainty

The 2022 midterm elections created a lot of uncertainty and a divided Congress. How will that impact tax oversight and legislation?

Contact Us

Rochelle Hodes
Rochelle Hodes
Principal, Washington National Tax