A House Ways and Means subcommittee will meet Feb. 7 to discuss presidential tax returns, with all eyes on Democrats’ possible plan to request them from Presidential Donald Trump. The committee’s chairman Richard Neal (D-Mass.) has taken a measured approach so far.
Meanwhile, pressure is building for Congress to renew temporary tax breaks called extenders. Tax filing season lasts into April.
Bloomberg Tax reporters Kaustuv Basu and Allyson Versprille joined host Amanda Iacone to talk about the latest in tax developments on Capitol Hill—including the strength of Sen. Bernie Sanders’ (I-Vt.) estate tax proposal—in this episode of Talking Tax.