The House Ways and Means Committee is gearing up for a vote on tax legislation this April.
A measure to rework parts of the Internal Revenue Service is seen as the likely choice, but other bills to boost retirement savings and renew expired tax breaks are also in the mix. Anything that isn’t included in the markup will have to be addressed later in the year.
Bloomberg Tax’s Allyson Versprille and Kaustuv Basu talked about the path forward in the latest episode of Talking Tax.
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