HILL TAX BRIEFING: Tax Package Chances as Funding Deadline Looms

With the government shutdown deadline next week, the tax world is furthering a push to quickly prep a bipartisan tax package. Meanwhile, Senate lawmakers are keeping the spotlight on questionable tax plays used by wealthy taxpayers.

Despite the looming Nov. 17 date, lawmakers haven’t started bicameral talks to extend government funding when the current continuing resolution expires, though they are moving through appropriations bills.

The House Rules Committee on Monday is set to consider a GOP bill funding agencies like IRS and Treasury, which would cut the IRS’s annual funding. The full House is expected to vote on that measure ...