ASAToday for July 3rd, 2025

ASA Opposes the Expansion of the Net Investment Income Tax (NIIT) Credit and Loss-Limitation Rules ASA joined over 130 organizations in a letter to House and Senate Leadership opposing the expansion of the Net Investment Income Tax (NIIT) Credit and the loss-limitation rules.  These two tax increases being considered by Congress would fall entirely on…

Reconciliation Talks Continue Talks continue between Senate Majority Leader Schumer and Senator Manchin on a reconciliation package. Climate provisions and tax increases are on the list of topics yet to be resolved. Senate Majority Leader Schumer said he hopes to reach a final agreement and bring the package to the floor as soon as late…