ASAToday for July 3rd, 2025

Potential 2024 Business Tax Cuts The above continuing resolution (CR) is not expected to contain a proposed tax cut agreement that was in the works between Republicans and Democrats.  Last week, Democratic Sen. Wyden (OR) and Rep. Smith (R-MO), chairmen of the Senate and House Tax Committees, presented an outline of their roughly $70 billion…

2024 Priority Legislation In “D.C. speak or parlance a ‘must pass’ bill” is a measure, considered vitally important, that must be passed and enacted by Congress to continue a necessary function of government before its expiration.  Besides federal appropriations, Congress faces multiple deadlines in 2024 on major pieces of legislation that some consider “must pass.”…