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House Passes Infrastructure Bill, Will Revisit Build Back Better Act
Posted by Nate Smith, Bill Smith, Eric Strawder on Thu, Nov 11, 2021 @ 11:00 AM

The House of Representatives voted 228-206 on Friday to pass a key bipartisan measure underpinning President Biden’s infrastructure initiatives. The Infrastructure Investment and Jobs Act (IIJA), which had been approved by the Senate in August, now awaits President Biden’s signature.

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Topics: tax, Bill Smith, House of Representatives, Tax Cuts and Jobs Act, tax legislation, Build Back Better, Treasury Department’s Green Book, Build Back Better Act, High-Income Individuals, Green Energy Credits and Incentives, Funding the Internal Revenue Service, BBB Act, Domestic, corporate tax reform, Social Safety Net Spending Provisions, Improving Taxpayer Compliance, INTERNATIONAL, infrastructure bill

House Unveils Tax Legislative Proposals in Build Back Better Act
Posted by Bill Smith, Nate Smith, Don Reiser, and Eric Strawder on Mon, Nov 1, 2021 @ 10:00 AM

On Oct. 28, 2021, the White House released its “Build Back Better Framework.” Later that day, the House Ways and Means Committee issued the “TEXT OF H.R. 5376, BUILD BACK BETTER ACT,” which fleshes out the spending and tax proposals summarized in the White House release with meaningful legislative changes. This article analyses the most relevant tax provisions of the Build Back Better Act (BBBA). At the time of publication, the House has yet to set a date for a  vote on the BBBA or its complementary legislation. The $1.9 Trillion bipartisan infrastructure bill passed by the Senate on Aug. 3 by a vote of 69-30.

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Topics: tax, Bill Smith, House of Representatives, Tax Cuts and Jobs Act, tax legislation, Build Back Better, Treasury Department’s Green Book, Build Back Better Act, High-Income Individuals, Green Energy Credits and Incentives, Funding the Internal Revenue Service, BBB Act, Domestic, corporate tax reform, Social Safety Net Spending Provisions, Improving Taxpayer Compliance, INTERNATIONAL

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