House Passes ‘Tax Reform 2.0’
At press time, the U.S. House of Representatives is scheduled to vote this week on “tax reform 2.0” legislation. The package is expected to pass on a mostly partisan basis.
At press time, the U.S. House of Representatives is scheduled to vote this week on “tax reform 2.0” legislation. The package is expected to pass on a mostly partisan basis.
Last year, President Trump signed into law the widest-ranging tax reform legislation in decades. Learn more about how the new federal tax laws and regulations will impact your business during a free webinar hosted by the Big “I.”
Six of the 10 largest wildfires in California’s history occurred in the past decade, and nine of those 10 happened this century. The effect on the Golden State’s homeowners insurance market has been nothing short of cataclysmic.
For Big “I” members, the most important piece of this three-bill package is the “Protecting Family and Small Business Tax Cuts Act of 2018,” which would make the individual provisions of last year’s tax reform bill permanent.
Last week, President Trump signed an executive order that directs the Department of Labor and the Treasury Department to consider issuing new rules that would make it easier for businesses to offer retirement plans.
Last year, President Trump signed into law the widest-ranging tax reform legislation in decades. Learn more about how the new federal tax law and regulations will impact your business during a free webinar.
To help address perpetuation challenges faced by many of the nation’s privately held small businesses, the “Main Street Employee Ownership Act” was included in a larger legislative package enacted earlier this month.
This week, the Big “I” joined two other insurance associations in opposition of amendments to the Liability Risk Retention Act that would expand the types of commercial insurance that risk retention groups can offer to certain nonprofit organizations.
Because it provides a framework for states to establish their own cybersecurity rules, the law is particularly important for insurance agencies that handle personal information of clients and employees.
In June, the U.S. House of Representatives and the U.S. Senate passed differing versions of the Farm Bill. Neither bill contains cuts to the Federal Crop Insurance Program.