Sentences with phrase «federal tax reform legislation»

These announcements have come as Cuomo has been working to preempt, then react to recently - passed federal tax reform legislation that is opposed by New Yorkers across the political spectrum.

One item eliminated in the federal tax reform legislation has many upstate developers concerned.

Also at 6 p.m., Manhattan Borough President Gale Brewer and New York City Comptroller Scott Stringer sponsor an emergency teach - in on federal tax reform legislation, John Jay College of Criminal Justice, 524 W. 59th St., Manhattan.

Surging consumer and business confidence is expected to get a boost in 2018 by federal tax reform legislation, which took effect in 2018.

Not exact matches

U.S. tax reform discrete impacts On December 22, 2017, the United States enacted tax reform legislation that included a broad range of business tax provisions, including but not limited to a reduction in the U.S. federal tax rate from 35 % to 21 % as well as provisions that limit or eliminate various deductions or credits.

Republicans point to the age of that 1986 legislation — the most recent major overhaul of the federal tax code — as a reason new reforms need to be enacted.

Despite anticipated Democratic resistance to any proposed legislation, there is strong bipartisan agreement on the need to reform the antiquated and complex Federal tax code.

On December 20, 2017, the 115th United States Congress passed legislation that includes a two - year provision of the Craft Beverage Modernization and Tax Reform Act (CBMTRA), which lowers the federal excise tax (FET) for breweries, wineries and distilled spirits produceTax Reform Act (CBMTRA), which lowers the federal excise tax (FET) for breweries, wineries and distilled spirits producetax (FET) for breweries, wineries and distilled spirits producers.

Instead of continuing to throw millions of precious tax dollars into the proverbial, but very real, pit of failed education reforms; instead of continuing to enrich test corporations and educational entrepreneurs who game the system; instead of maintaining the false and demoralizing narrative that our students and teachers are failures, our state legislators need to take this opportunity to tell the CSDE and CSBE that it will no longer support expensive mandates that unnecessarily impact our budget health when a re-design of state assessment practices has been encouraged by recent federal legislation.

The White House and Republican lawmakers have been discussing significant tax reforms, including the potential elimination of the federal estate tax, but it's impossible to predict exactly what new tax legislation will look like or when it might be finalized.