Congressional tax writers announced an expansive bipartisan tax bill which includes nuances and offsets. The path to passage is expected to begin this week.

For more information:
Smith, Wyden Announce Agreement on Tax Framework to Help Families and Main Street Businesses 
Tax Insight: Tax committee chairs announce business and family tax relief agreement

IN THIS EPISODE

Upcoming webcasts:
Jan. 17: Register for Tax Readiness: 2024 Tax Policy Outlook (Wednesday, Jan. 17, 2:00 PM – 3:00 PM ET)
Jan. 23: Register for Tax Readiness: New year, new updates on US international and global tax (Tuesday, Jan. 23, 4:00 PM to 5:30 PM ET)

In case you missed it:
Week in Review with Chairman Dave Camp
2024 Tax Policy Outlook
Global Tax Talk
PwC’s Pillar Two Country Tracker (Updated 01/15/23)

Happening this week:
Jan. 17: The Senate Budget Committee holds hearing on “closing corporate loopholes that reward offshoring jobs and profits”